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Impact Development Group (TSXV:IMPT) Days Inventory : 825.95 (As of Jun. 2023)


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What is Impact Development Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Impact Development Group's Average Total Inventories for the six months ended in Jun. 2023 was C$16.89 Mil. Impact Development Group's Cost of Goods Sold for the six months ended in Jun. 2023 was C$3.73 Mil. Hence, Impact Development Group's Days Inventory for the six months ended in Jun. 2023 was 825.95.

The historical rank and industry rank for Impact Development Group's Days Inventory or its related term are showing as below:

TSXV:IMPT' s Days Inventory Range Over the Past 10 Years
Min: 395.36   Med: 678.53   Max: 3571.2
Current: 417.59

During the past 4 years, Impact Development Group's highest Days Inventory was 3571.20. The lowest was 395.36. And the median was 678.53.

TSXV:IMPT's Days Inventory is ranked better than
61.85% of 1329 companies
in the Real Estate industry
Industry Median: 699.45 vs TSXV:IMPT: 417.59

Impact Development Group's Days Inventory increased from Jun. 2022 (622.45) to Jun. 2023 (825.95). It might indicate that Impact Development Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Impact Development Group's Inventory Turnover for the six months ended in Jun. 2023 was 0.22.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Impact Development Group's Inventory-to-Revenue for the six months ended in Jun. 2023 was 4.90.

Impact Development Group Days Inventory Historical Data

The historical data trend for Impact Development Group's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Impact Development Group Days Inventory Chart

Impact Development Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Days Inventory
3,571.20 871.42 485.64 395.36

Impact Development Group Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23
Days Inventory Get a 7-Day Free Trial - - 622.45 278.80 825.95

Competitive Comparison of Impact Development Group's Days Inventory

For the Real Estate - Development subindustry, Impact Development Group's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Impact Development Group's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Impact Development Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Impact Development Group's Days Inventory falls into.


Impact Development Group Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Impact Development Group's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (21.61 + 16.847) / 2 ) / 17.752*365
=19.2285 / 17.752*365
=395.36

Impact Development Group's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (16.847 + 16.924) / 2 ) / 3.731*365 / 2
=16.8855 / 3.731*365 / 2
=825.95

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Impact Development Group  (TSXV:IMPT) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Impact Development Group's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=3.731 / 16.8855
=0.22

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Impact Development Group's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=16.8855 / 3.449
=4.90

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Impact Development Group Days Inventory Related Terms

Thank you for viewing the detailed overview of Impact Development Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Impact Development Group (TSXV:IMPT) Business Description

Industry
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Address
Edifice Península piso 4, oficina 4-10, Costa del Este, Panama City, PAN
Website
https://www.ihcpanama.com
Impact Development Group Inc Formerly Impact Housing Corp is a Panamanian-based real estate developer. It provides affordable housing supported by a longstanding subsidized government program with multiple product offerings. The principal business of IHC is to build and develop affordable and high-quality subsidized houses in the Republic of Panama to support the middle-class market.

Impact Development Group (TSXV:IMPT) Headlines

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