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York Timber Holdings (JSE:YRK) Days Inventory : 189.07 (As of Dec. 2023)


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What is York Timber Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). York Timber Holdings's Average Total Inventories for the six months ended in Dec. 2023 was R646 Mil. York Timber Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was R624 Mil. Hence, York Timber Holdings's Days Inventory for the six months ended in Dec. 2023 was 189.07.

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

JSE:YRK' s Days Inventory Range Over the Past 10 Years
Min: 81.99   Med: 171.15   Max: 257.85
Current: 134.81

During the past 13 years, York Timber Holdings's highest Days Inventory was 257.85. The lowest was 81.99. And the median was 171.15.

JSE:YRK's Days Inventory is ranked worse than
74.1% of 278 companies
in the Forest Products industry
Industry Median: 90.005 vs JSE:YRK: 134.81

York Timber Holdings's Days Inventory increased from Dec. 2022 (176.72) to Dec. 2023 (189.07). It might indicate that York Timber Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. York Timber Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 0.97.

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. York Timber Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.73.


York Timber Holdings Days Inventory Historical Data

The historical data trend for York Timber 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.

York Timber Holdings Days Inventory Chart

York Timber Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 257.85 252.69 176.01 162.71 121.14

York Timber 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 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 140.79 171.71 176.72 97.97 189.07

Competitive Comparison of York Timber Holdings's Days Inventory

For the Lumber & Wood Production subindustry, York Timber 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.


York Timber Holdings's Days Inventory Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, York Timber Holdings's Days Inventory distribution charts can be found below:

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



York Timber Holdings Days Inventory Calculation

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

York Timber 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
=( (566.155 + 563.794) / 2 ) / 1702.36*365
=564.9745 / 1702.36*365
=121.14

York Timber 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
=( (563.794 + 728.864) / 2 ) / 623.863*365 / 2
=646.329 / 623.863*365 / 2
=189.07

* 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.


York Timber Holdings  (JSE:YRK) 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.

York Timber Holdings's Inventory Turnover for the six months ended in Dec. 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.

York Timber Holdings's Inventory to Revenue for the six months ended in Dec. 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.


York Timber Holdings Days Inventory Related Terms

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


York Timber Holdings (JSE:YRK) Business Description

Traded in Other Exchanges
N/A
Address
3 Main Road, York Corporate Office, P.O. Box 1191, Sabie, MP, ZAF, 1260
York Timber Holdings Ltd is an integrated forestry company. The company's operating segment includes Processing plants; Wholesale, Forestry and Fleet and Agriculture. It generates maximum revenue from the Processing plants segment. The processing plants segment is divided into two divisions namely Sawmilling and Plywood. Geographically, it derives a majority of revenue from South Africa and also has a presence in the Southern Africa Development Community (SADC) and the United Kingdom, Belgium, China, and the United States of America.

York Timber Holdings (JSE:YRK) Headlines

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