Terragen Holdings (ASX:TGH) Days Inventory : 310.41 (As of Dec. 2023)

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What is Terragen Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Terragen Holdings's Average Total Inventories for the six months ended in Dec. 2023 was A$0.19 Mil. Terragen Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was A$0.11 Mil. Hence, Terragen Holdings's Days Inventory for the six months ended in Dec. 2023 was 310.41.

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

ASX:TGH' s Days Inventory Range Over the Past 10 Years
Min: 26.35 Med: 69.84 Max: 977.08
Current: 705.11

During the past 5 years, Terragen Holdings's highest Days Inventory was 977.08. The lowest was 26.35. And the median was 69.84.

ASX:TGH's Days Inventory is ranked worse than
98.69% of 229 companies
in the Agriculture industry
Industry Median: 111.24 vs ASX:TGH: 705.11

Terragen Holdings's Days Inventory increased from Dec. 2022 (287.39) to Dec. 2023 (310.41). It might indicate that Terragen Holdings'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. Terragen Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 0.59.

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. Terragen Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.16.

Terragen Holdings Days Inventory Historical Data

The historical data trend for Terragen 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.

* Premium members only.

Terragen Holdings Days Inventory Chart

Terragen Holdings Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

41.10

26.35

98.58

977.08

Terragen Holdings Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial				3.08	272.81	287.39	-	310.41

Competitive Comparison of Terragen Holdings's Days Inventory

For the Agricultural Inputs subindustry, Terragen 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.

Terragen Holdings's Days Inventory Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Terragen Holdings's Days Inventory distribution charts can be found below:

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

Terragen Holdings Days Inventory Calculation

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

Terragen 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
=	( (0.145	+	0.203)	/	2 )	/	0.065	*	365
=	0.174					/	0.065	*	365
=	977.08

Terragen 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
=	( (0.203	+	0.178)	/	2 )	/	0.112	*	365 / 2
=	0.1905					/	0.112	*	365 / 2
=	310.41

Terragen Holdings (ASX:TGH) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.112	/	0.1905
	=	0.59

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.1905	/	1.201
	=	0.16

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.

Terragen Holdings Days Inventory Related Terms

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

Terragen Holdings (ASX:TGH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Terragen Holdings Ltd (ASX:TGH) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

39 Access Crescent, Unit 6, Coolum Beach, QLD, AUS, 4573

Website

https://www.terragen.com.au

Terragen Holdings Ltd is an Australia based developer of agricultural bio solutions whose core technology platform addresses soil health and productivity, animal health and nutrition without relying on chemical-based fertilizers, pesticides and antibiotics. Its products include Mylo and Great Land Plus. Geographically, it operates within Australia and Newzealand.