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Supreme Ventures (XJAM:SVL) Days Inventory : 2.17 (As of Jun. 2023)


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What is Supreme Ventures Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Supreme Ventures's Average Total Inventories for the three months ended in Jun. 2023 was JMD274 Mil. Supreme Ventures's Cost of Goods Sold for the three months ended in Jun. 2023 was JMD11,533 Mil. Hence, Supreme Ventures's Days Inventory for the three months ended in Jun. 2023 was 2.17.

The historical rank and industry rank for Supreme Ventures's Days Inventory or its related term are showing as below:

XJAM:SVL' s Days Inventory Range Over the Past 10 Years
Min: 0.74   Med: 2.1   Max: 3.36
Current: 3.08

During the past 13 years, Supreme Ventures's highest Days Inventory was 3.36. The lowest was 0.74. And the median was 2.10.

XJAM:SVL's Days Inventory is ranked better than
88.23% of 671 companies
in the Travel & Leisure industry
Industry Median: 33.92 vs XJAM:SVL: 3.08

Supreme Ventures's Days Inventory declined from Mar. 2022 (2.82) to Jun. 2023 (2.17).

Inventory Turnover measures how fast the company turns over its inventory within a year. Supreme Ventures's Inventory Turnover for the three months ended in Jun. 2023 was 42.08.

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. Supreme Ventures's Inventory-to-Revenue for the three months ended in Jun. 2023 was 0.02.


Supreme Ventures Days Inventory Historical Data

The historical data trend for Supreme Ventures'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.

Supreme Ventures Days Inventory Chart

Supreme Ventures Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.27 1.93 3.14 3.36 2.83

Supreme Ventures Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.82 1.86 2.32 2.60 2.17

Competitive Comparison of Supreme Ventures's Days Inventory

For the Gambling subindustry, Supreme Ventures'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.


Supreme Ventures's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Supreme Ventures's Days Inventory distribution charts can be found below:

* The bar in red indicates where Supreme Ventures's Days Inventory falls into.



Supreme Ventures Days Inventory Calculation

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

Supreme Ventures'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
=( (301.658 + 313.456) / 2 ) / 39598.483*365
=307.557 / 39598.483*365
=2.83

Supreme Ventures'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
=( (313.456 + 234.759) / 2 ) / 11533.172*365 / 4
=274.1075 / 11533.172*365 / 4
=2.17

* 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.


Supreme Ventures  (XJAM:SVL) 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.

Supreme Ventures's Inventory Turnover for the three months ended in Jun. 2023 is calculated as

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.

Supreme Ventures's Inventory to Revenue for the three months ended in Jun. 2023 is calculated as

* 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.


Supreme Ventures Days Inventory Related Terms

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


Supreme Ventures (XJAM:SVL) Business Description

Traded in Other Exchanges
N/A
Address
9A Retirement Crescent, Kingston 5, JAM
Supreme Ventures Ltd is a lottery and gaming provider. The company provides services through lottery games, Sports betting, and video lottery terminals. The firm provides various lottery games like Cash Pot, Dollaz, Lucky 5, Pick 2, Pick 3, Pick 4, Lotto, Super Lotto, Money time, and Top Draw. Lottery games are offered through the agents' network. The company reports in the following segments: Lotteries, PIN Code, Horseracing, Sports Betting, VLT (video lottery terminal) Net Win, and others. The company derived its revenue from the Lottery segment.

Supreme Ventures (XJAM:SVL) Headlines

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