Swoop Holdings (ASX:SWP) Days Inventory : 16.12 (As of Dec. 2023)

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What is Swoop Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Swoop Holdings's Average Total Inventories for the six months ended in Dec. 2023 was A$2.32 Mil. Swoop Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was A$26.28 Mil. Hence, Swoop Holdings's Days Inventory for the six months ended in Dec. 2023 was 16.12.

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

ASX:SWP' s Days Inventory Range Over the Past 10 Years
Min: 16.82 Med: 77.55 Max: 9092.41
Current: 17.21

During the past 13 years, Swoop Holdings's highest Days Inventory was 9092.41. The lowest was 16.82. And the median was 77.55.

ASX:SWP's Days Inventory is ranked better than
55.07% of 296 companies
in the Telecommunication Services industry
Industry Median: 19.215 vs ASX:SWP: 17.21

Swoop Holdings's Days Inventory declined from Dec. 2022 (19.18) to Dec. 2023 (16.12).

Inventory Turnover measures how fast the company turns over its inventory within a year. Swoop Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 11.32.

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. Swoop Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.05.

Swoop Holdings Days Inventory Historical Data

The historical data trend for Swoop Holdings'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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Swoop Holdings Days Inventory Chart

Swoop Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

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9,092.41

28.36

16.82

Swoop Holdings 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															30.12	25.08	19.18	17.99	16.12

Competitive Comparison of Swoop Holdings's Days Inventory

For the Telecom Services subindustry, Swoop Holdings'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.

Swoop Holdings's Days Inventory Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Swoop Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Swoop Holdings's Days Inventory falls into.

Swoop Holdings Days Inventory Calculation

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

Swoop Holdings'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
=	( (1.934	+	2.297)	/	2 )	/	45.919	*	365
=	2.1155					/	45.919	*	365
=	16.82

Swoop Holdings'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
=	( (2.297	+	2.346)	/	2 )	/	26.279	*	365 / 2
=	2.3215					/	26.279	*	365 / 2
=	16.12

Swoop Holdings (ASX:SWP) 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.

Swoop Holdings's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	26.279	/	2.3215
	=	11.32

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.

Swoop Holdings's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.3215	/	43.453
	=	0.05

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.

Swoop Holdings Days Inventory Related Terms

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

Swoop Holdings (ASX:SWP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Swoop Holdings Ltd (ASX:SWP) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

126 Phillip Street, Level 5, Sydney, NSW, AUS, 2000

Website

https://www.swoop.com.au

Swoop Holdings Ltd is a provider of fixed wireless internet services to wholesale, business and residential customers. The Swoop network is designed and scaled to deliver ultra-reliable, high throughput, flexible telecom network services.