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Invicta Holdings (JSE:IVT) Days Inventory : 183.76 (As of Sep. 2023)


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What is Invicta Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Invicta Holdings's Average Total Inventories for the six months ended in Sep. 2023 was R2,912 Mil. Invicta Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was R2,891 Mil. Hence, Invicta Holdings's Days Inventory for the six months ended in Sep. 2023 was 183.76.

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

JSE:IVT' s Days Inventory Range Over the Past 10 Years
Min: 154.2   Med: 202.96   Max: 331.39
Current: 188.12

During the past 13 years, Invicta Holdings's highest Days Inventory was 331.39. The lowest was 154.20. And the median was 202.96.

JSE:IVT's Days Inventory is ranked worse than
90.14% of 142 companies
in the Industrial Distribution industry
Industry Median: 87.3 vs JSE:IVT: 188.12

Invicta Holdings's Days Inventory declined from Sep. 2022 (188.23) to Sep. 2023 (183.76).

Inventory Turnover measures how fast the company turns over its inventory within a year. Invicta Holdings's Inventory Turnover for the six months ended in Sep. 2023 was 0.99.

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. Invicta Holdings's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.68.


Invicta Holdings Days Inventory Historical Data

The historical data trend for Invicta 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.

Invicta Holdings Days Inventory Chart

Invicta Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 206.95 331.39 272.95 172.87 190.00

Invicta Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 158.91 173.12 188.23 193.88 183.76

Competitive Comparison of Invicta Holdings's Days Inventory

For the Industrial Distribution subindustry, Invicta 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.


Invicta Holdings's Days Inventory Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Invicta Holdings's Days Inventory distribution charts can be found below:

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



Invicta Holdings Days Inventory Calculation

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

Invicta Holdings's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (2569.733 + 2891.906) / 2 ) / 5246.005*365
=2730.8195 / 5246.005*365
=190.00

Invicta Holdings's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (2891.906 + 2931.098) / 2 ) / 2891.488*365 / 2
=2911.502 / 2891.488*365 / 2
=183.76

* 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.


Invicta Holdings  (JSE:IVT) 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.

Invicta Holdings's Inventory Turnover for the six months ended in Sep. 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.

Invicta Holdings's Inventory to Revenue for the six months ended in Sep. 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.


Invicta Holdings Days Inventory Related Terms

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


Invicta Holdings (JSE:IVT) Business Description

Traded in Other Exchanges
Address
3 Droste Crescent, Droste Park Extension 7, Jeppestown, Johannesburg, GT, ZAF, 2001
Invicta Holdings Ltd is an investment holding management company. The company's segment includes Replacement parts, Services, and Solutions: Industrial (RSS: Industrial); Replacement parts, Services and Solutions: Auto-agri (RSS: Auto-agri); Capital equipment (CE); Replacement parts, Services and Solutions: Earthmoving equipment (RSS: Earthmoving); Kian Ann Group (Joint Venture) and Corporate Group. It generates maximum revenue from RSS: Industrial segment.