Days Inventory is also known as Days Sales of Inventory (DSI). Skin Elements's Average Total Inventories for the
six
months ended in Dec. 2023 was A$0.22 Mil. Skin Elements's Cost of Goods Sold for the
six
months ended in Dec. 2023 was A$0.05 Mil.
Hence, Skin Elements's Days Inventory for the
six
months ended in Dec. 2023 was 886.14.
The historical rank and industry rank for Skin Elements's Days Inventory or its related term are showing as below:
ASX:SKN'
s Days Inventory Range Over the Past 10 Years
Min: 86.49 Med: 285.13 Max: 798.9
Current: 798.9
During the past 7 years, Skin Elements's highest Days Inventory was 798.90. The lowest was 86.49. And the median was 285.13.
ASX:SKN's Days Inventory is ranked worse than 97.59% of 1785
companies
in the Consumer Packaged Goods industry
Industry Median: 81.92
vs ASX:SKN: 798.90
Skin Elements's Days Inventory
increased
from Dec. 2022 (391.93) to Dec. 2023 (886.14).
It might indicate that Skin Elements's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Skin Elements's Inventory Turnover for the
six
months ended in Dec. 2023 was 0.21.
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.
Skin Elements's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 2.57.
Skin Elements Days Inventory Historical Data
The historical data trend for Skin Elements'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.
Competitive Comparison of Skin Elements's Days Inventory
For the Household & Personal Products subindustry, Skin Elements'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.
Skin Elements's Days Inventory Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Skin Elements's Days Inventory distribution charts can be found below:
* The bar in red indicates where Skin Elements's Days Inventory falls into.
Skin Elements Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Skin Elements's Days Inventory for the fiscal year that 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.
Skin Elements (ASX:SKN) 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.
Skin Elements's Inventory Turnover for the
six
months ended in Dec. 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.
Skin Elements's Inventory to Revenue for the
six
months ended in Dec. 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.
Skin Elements Days Inventory Related Terms
Thank you for viewing the detailed overview of Skin Elements's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Skin Elements Ltd is a company that operates in the beauty and personal care industry. The principal business activities include the manufacture and distribution of natural, organic, health, and wellness products. Its brand portfolio includes Soleo Organics natural sunscreen brand, the PapayaActivs therapeutic skincare range, Elizabeth Jane Natural Cosmetics, and the recently developed Invisi-Shield SuprCuvr plant-based hospital-grade disinfectant range. The company is based on two segments, operational and corporate. The operating segment is involved in designing and formulating natural, organic, health, and wellness products.
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