Wisynco Group (XJAM:WISYNCO) Days Inventory : 58.76 (As of Mar. 2024)

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What is Wisynco Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Wisynco Group's Average Total Inventories for the three months ended in Mar. 2024 was JMD5,606 Mil. Wisynco Group's Cost of Goods Sold for the three months ended in Mar. 2024 was JMD8,706 Mil. Hence, Wisynco Group's Days Inventory for the three months ended in Mar. 2024 was 58.76.

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

XJAM:WISYNCO' s Days Inventory Range Over the Past 10 Years
Min: 52.05 Med: 59.8 Max: 66.27
Current: 60.02

During the past 7 years, Wisynco Group's highest Days Inventory was 66.27. The lowest was 52.05. And the median was 59.80.

XJAM:WISYNCO's Days Inventory is ranked better than
56.36% of 110 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 69.605 vs XJAM:WISYNCO: 60.02

Wisynco Group's Days Inventory declined from Mar. 2023 (66.38) to Mar. 2024 (58.76).

Inventory Turnover measures how fast the company turns over its inventory within a year. Wisynco Group's Inventory Turnover for the three months ended in Mar. 2024 was 1.55.

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. Wisynco Group's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.43.

Wisynco Group Days Inventory Historical Data

The historical data trend for Wisynco 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.

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Wisynco Group Days Inventory Chart

Wisynco Group Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

Get a 7-Day Free Trial

58.69

56.58

60.90

63.72

66.27

Wisynco Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															66.38	65.32	58.94	57.40	58.76

Competitive Comparison of Wisynco Group's Days Inventory

For the Beverages - Non-Alcoholic subindustry, Wisynco 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.

Wisynco Group's Days Inventory Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Wisynco Group's Days Inventory distribution charts can be found below:

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

Wisynco Group Days Inventory Calculation

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

Wisynco Group's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (5415.339	+	6151.108)	/	2 )	/	31850.418	*	365
=	5783.2235					/	31850.418	*	365
=	66.27

Wisynco Group's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (5743.604	+	5469.264)	/	2 )	/	8706.336	*	365 / 4
=	5606.434					/	8706.336	*	365 / 4
=	58.76

Wisynco Group (XJAM:WISYNCO) 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.

Wisynco Group's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	8706.336	/	5606.434
	=	1.55

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.

Wisynco Group's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	5606.434	/	13100.34
	=	0.43

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.

Wisynco Group Days Inventory Related Terms

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

Wisynco Group (XJAM:WISYNCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Wisynco Group Ltd (XJAM:WISYNCO) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lakespen, St. Catherine, JAM

Website

https://www.wisynco.com

Wisynco Group Ltd is a manufacturer and distributor. The major activities of the company involve the bottling and distribution of purified water and beverages, the distribution and retailing of food items and the provision of insurance services. The company also manufactures plastic, foam packing, and disposable products mainly used in the retail, food service, and tourism industries. The Brands associated with the firm are WATA, Bigga, Boom, Sweet, Squeezz, and others. It imports grocery items from Nestle, Kellogg's, and General Mills.

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