Winton Land (NZSE:WIN) Days Inventory : 269.80 (As of Dec. 2023)

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What is Winton Land Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Winton Land's Average Total Inventories for the six months ended in Dec. 2023 was NZ$85.5 Mil. Winton Land's Cost of Goods Sold for the six months ended in Dec. 2023 was NZ$57.8 Mil. Hence, Winton Land's Days Inventory for the six months ended in Dec. 2023 was 269.80.

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

NZSE:WIN' s Days Inventory Range Over the Past 10 Years
Min: 292.81 Med: 312.19 Max: 327.62
Current: 292.81

During the past 3 years, Winton Land's highest Days Inventory was 327.62. The lowest was 292.81. And the median was 312.19.

NZSE:WIN's Days Inventory is ranked better than
69.28% of 1328 companies
in the Real Estate industry
Industry Median: 699.495 vs NZSE:WIN: 292.81

Winton Land's Days Inventory declined from Dec. 2022 (399.51) to Dec. 2023 (269.80).

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. Winton Land's Inventory Turnover for the six months ended in Dec. 2023 was 0.68.

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. Winton Land's Inventory-to-Revenue for the six months ended in Dec. 2023 was 1.02.

Winton Land Days Inventory Historical Data

The historical data trend for Winton Land'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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Winton Land Days Inventory Chart

Winton Land Annual Data

Trend

Jun21

Jun22

Jun23

Days Inventory

296.76

327.62

Winton Land Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	609.93	263.68	399.51	313.37	269.80

Competitive Comparison of Winton Land's Days Inventory

For the Real Estate - Development subindustry, Winton Land'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.

Winton Land's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Winton Land's Days Inventory distribution charts can be found below:

* The bar in red indicates where Winton Land's Days Inventory falls into.

Winton Land Days Inventory Calculation

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

Winton Land'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
=	( (95.615	+	91.128)	/	2 )	/	104.026	*	365
=	93.3715					/	104.026	*	365
=	327.62

Winton Land'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
=	( (91.128	+	79.887)	/	2 )	/	57.84	*	365 / 2
=	85.5075					/	57.84	*	365 / 2
=	269.80

Winton Land (NZSE:WIN) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	57.84	/	85.5075
	=	0.68

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	85.5075	/	83.487
	=	1.02

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.

Winton Land Days Inventory Related Terms

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

Winton Land (NZSE:WIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Winton Land Ltd (NZSE:WIN) » Definitions » Days Inventory

Traded in Other Exchanges

WTN:Australia

Address

10 Viaduct Harbour Avenue, Level 4, Auckland, NTL, NZL, 1010

Website

https://www.winton.nz

Winton Land Ltd is a privately owned developer with projects in New Zealand and Australia. It specializes in developing integrated and fully master-planned communities. The company has a portfolio of several resident lots, dwellings, apartment units, and retirement village units. The company has three reportable segments which are Residential development, Retirement villages, and Commercial portfolio and the company generates the majority of its revenue from residential development.

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