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Washington H Soul Pattinson (ASX:SOL) Days Inventory : 81.96 (As of Jan. 2024)


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What is Washington H Soul Pattinson Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Washington H Soul Pattinson's Average Total Inventories for the six months ended in Jan. 2024 was A$73.2 Mil. Washington H Soul Pattinson's Cost of Goods Sold for the six months ended in Jan. 2024 was A$163.1 Mil. Hence, Washington H Soul Pattinson's Days Inventory for the six months ended in Jan. 2024 was 81.96.

The historical rank and industry rank for Washington H Soul Pattinson's Days Inventory or its related term are showing as below:

ASX:SOL' s Days Inventory Range Over the Past 10 Years
Min: 36.1   Med: 54.64   Max: 111.58
Current: 81.3

During the past 13 years, Washington H Soul Pattinson's highest Days Inventory was 111.58. The lowest was 36.10. And the median was 54.64.

ASX:SOL's Days Inventory is ranked worse than
57.34% of 218 companies
in the Capital Markets industry
Industry Median: 58.365 vs ASX:SOL: 81.30

Washington H Soul Pattinson's Days Inventory declined from Jan. 2023 (100.79) to Jan. 2024 (81.96).

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. Washington H Soul Pattinson's Inventory Turnover for the six months ended in Jan. 2024 was 2.23.

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. Washington H Soul Pattinson's Inventory-to-Revenue for the six months ended in Jan. 2024 was 0.29.


Washington H Soul Pattinson Days Inventory Historical Data

The historical data trend for Washington H Soul Pattinson'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.

Washington H Soul Pattinson Days Inventory Chart

Washington H Soul Pattinson Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.33 42.50 51.11 36.10 111.58

Washington H Soul Pattinson Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 36.81 35.01 100.79 87.94 81.96

Competitive Comparison of Washington H Soul Pattinson's Days Inventory

For the Capital Markets subindustry, Washington H Soul Pattinson'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.


Washington H Soul Pattinson's Days Inventory Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Washington H Soul Pattinson's Days Inventory distribution charts can be found below:

* The bar in red indicates where Washington H Soul Pattinson's Days Inventory falls into.



Washington H Soul Pattinson Days Inventory Calculation

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

Washington H Soul Pattinson's Days Inventory for the fiscal year that ended in Jul. 2023 is calculated as

Days Inventory (A: Jul. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jul. 2022 ) + Total Inventories (A: Jul. 2023 )) / count ) / Cost of Goods Sold (A: Jul. 2023 )*Days in Period
=( (67.539 + 75.605) / 2 ) / 234.124*365
=71.572 / 234.124*365
=111.58

Washington H Soul Pattinson's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

Days Inventory (Q: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jul. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (75.605 + 70.854) / 2 ) / 163.051*365 / 2
=73.2295 / 163.051*365 / 2
=81.96

* 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.


Washington H Soul Pattinson  (ASX:SOL) 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.

Washington H Soul Pattinson's Inventory Turnover for the six months ended in Jan. 2024 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.

Washington H Soul Pattinson's Inventory to Revenue for the six months ended in Jan. 2024 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.


Washington H Soul Pattinson Days Inventory Related Terms

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


Washington H Soul Pattinson (ASX:SOL) Business Description

Traded in Other Exchanges
Address
151 Clarence Street, Level 14, Sydney, NSW, AUS, 2000
Washington H. Soul Pattinson, or Soul Patts, is a value-oriented investment house which invests in both public and private markets. As an investor, Soul Patts allocates capital with a view to taking a long-term position in its investments and on a passive basis. Long-term holdings in the group's three largest investments—TPG Telecom, Brickworks and New Hope Corporation—contribute more than half of the group's circa AUD 11 billion investment net asset value. A cross-shareholding between Soul Patts and Brickworks was established in the 1960s.