Ingenia Communities Group (ASX:INA) Days Inventory : 181.35 (As of Dec. 2023)

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What is Ingenia Communities Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ingenia Communities Group's Average Total Inventories for the six months ended in Dec. 2023 was A$70.7 Mil. Ingenia Communities Group's Cost of Goods Sold for the six months ended in Dec. 2023 was A$71.1 Mil. Hence, Ingenia Communities Group's Days Inventory for the six months ended in Dec. 2023 was 181.35.

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

ASX:INA' s Days Inventory Range Over the Past 10 Years
Min: 33.11 Med: 105.64 Max: 146.87
Current: 146.87

During the past 13 years, Ingenia Communities Group's highest Days Inventory was 146.87. The lowest was 33.11. And the median was 105.64.

ASX:INA's Days Inventory is ranked worse than
53.47% of 144 companies
in the REITs industry
Industry Median: 87.84 vs ASX:INA: 146.87

Ingenia Communities Group's Days Inventory increased from Dec. 2022 (94.54) to Dec. 2023 (181.35). It might indicate that Ingenia Communities Group's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ingenia Communities Group's Inventory Turnover for the six months ended in Dec. 2023 was 1.01.

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. Ingenia Communities Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.34.

Ingenia Communities Group Days Inventory Historical Data

The historical data trend for Ingenia Communities 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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Ingenia Communities Group Days Inventory Chart

Ingenia Communities Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

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128.59

139.53

84.62

54.48

105.01

Ingenia Communities Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															75.23	53.10	94.54	108.52	181.35

Competitive Comparison of Ingenia Communities Group's Days Inventory

For the REIT - Residential subindustry, Ingenia Communities 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.

Ingenia Communities Group's Days Inventory Distribution in the REITs Industry

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

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

Ingenia Communities Group Days Inventory Calculation

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

Ingenia Communities 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
=	( (19.535	+	54.147)	/	2 )	/	128.059	*	365
=	36.841					/	128.059	*	365
=	105.01

Ingenia Communities Group's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (54.147	+	87.197)	/	2 )	/	71.12	*	365 / 2
=	70.672					/	71.12	*	365 / 2
=	181.35

Ingenia Communities Group (ASX:INA) 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.

Ingenia Communities Group's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	71.12	/	70.672
	=	1.01

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.

Ingenia Communities Group's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	70.672	/	206.414
	=	0.34

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.

Ingenia Communities Group Days Inventory Related Terms

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

Ingenia Communities Group (ASX:INA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Ingenia Communities Group (ASX:INA) » Definitions » Days Inventory

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INGEF:USA

Address

88 Cumberland Street, Level 3, The Rocks, NSW, AUS, 2000

Website

https://www.ingeniacommunities.com.au

Ingenia Communities is an Australian real estate investment trust with a property portfolio capitalizing on tourism, retirement, and low-cost housing needs. The largest and fastest growing source of income is the firm's land-lease communities targeted at the over-55s population. This business generates development income on houses and rental income from the land. Additional rental and fee income are generated from housing communities and holiday parks. The firm's assets are situated in Australia's eastern states, with a focus on coastal and outer metropolitan regions.

Ingenia Communities Group (ASX:INA) Headlines

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