Arq (ARQ) Days Inventory : 123.70 (As of Dec. 2023)

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What is Arq Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Arq's Average Total Inventories for the three months ended in Dec. 2023 was $19.12 Mil. Arq's Cost of Goods Sold for the three months ended in Dec. 2023 was $14.11 Mil. Hence, Arq's Days Inventory for the three months ended in Dec. 2023 was 123.70.

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

ARQ' s Days Inventory Range Over the Past 10 Years
Min: 0.52 Med: 53.8 Max: 638.15
Current: 107.72

During the past 13 years, Arq's highest Days Inventory was 638.15. The lowest was 0.52. And the median was 53.80.

ARQ's Days Inventory is ranked better than
56.31% of 2907 companies
in the Industrial Products industry
Industry Median: 119.85 vs ARQ: 107.72

Arq's Days Inventory increased from Dec. 2022 (86.40) to Dec. 2023 (123.70). It might indicate that Arq'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. Arq's Inventory Turnover for the three months ended in Dec. 2023 was 0.74.

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. Arq's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.68.

Arq Days Inventory Historical Data

The historical data trend for Arq'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.

Arq Days Inventory Chart

Arq Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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137.50

91.77

49.35

58.24

101.71

Arq Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															86.40	101.11	128.73	91.63	123.70

Competitive Comparison of Arq's Days Inventory

For the Pollution & Treatment Controls subindustry, Arq'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.

Arq's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Arq's Days Inventory distribution charts can be found below:

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

Arq Days Inventory Calculation

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

Arq's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (17.828	+	19.693)	/	2 )	/	67.323	*	365
=	18.7605					/	67.323	*	365
=	101.71

Arq'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (18.549	+	19.693)	/	2 )	/	14.105	*	365 / 4
=	19.121					/	14.105	*	365 / 4
=	123.70

Arq (NAS:ARQ) 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.

Arq's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	14.105	/	19.121
	=	0.74

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.

Arq's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	19.121	/	28.104
	=	0.68

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.

Arq Days Inventory Related Terms

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

Arq (ARQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Arq Inc (NAS:ARQ) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

OXQ1:Germany

Address

8051 E. Maplewood Avenue, Suite 210, Greenwood Village, CO, USA, 80111

Website

https://www.advancedemissionssolutions.com

Advanced Emissions Solutions Inc provides solutions to customers in coal-fired power generation, municipal water, and other industries through proprietary emissions control and water purification technologies.

Executives

Joseph M Wong	officer: Chief Technology Officer	640 PLAZA DRIVE, SUITE 270, C/O ADVANCED EMISSIONS SOLUTIONS, INC., HIGHLANDS RANCH CO 80129
Jeremy Williamson	officer: Chief Operating Officer	8051 E. MAPLEWOOD AVE, SUITE 210, GREENWOOD VILLAGE CO 80111
Robert E. Rasmus	director, officer: Chief Executive Officer	THREE RIVERWAY, SUITE 1350, HOUSTON TX 77056
Laurie Bergman	director	460 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406
Jeremy Blank	director	6446 DREXEL AVENUE, LOS ANGELES CA 90048
Arq Ltd	10 percent owner	28-30 THE PARADE, ST. HELIER Y9 JE1 1EQ
Julian Alexander Mcintyre	director	30A BROOK STREET, LONDON X0 W1K 5DJ
Richard Campbell-breeden	director	30A BROOK STREET, LONDON X0 W1K 5DJ
Morgan Fields	officer: VP of Accounting	890 SANTA CRUZ AVE., MENLO PARK CA 94025
Christine Bellino	officer: Chief Accounting Officer	8051 E. MAPLEWOOD AVE., SUITE 210, GREENWOOD VILLAGE CO 80111
Alta Fundamental Advisers Sp Llc	director	1500 BROADWAY, SUITE 704, NEW YORK NY 10036
Carol S Eicher	director	ROHM AND HAAS COMPANY, 100 INDEPENDENCE MALL WEST, PHILADELPHIA PA 19106
Brian Leen	director	640 PLAZA DRIVE, SUITE 270, C/O ADVANCED EMISSIONS SOLUTIONS, INC., HIGHLANDS RANCH CO 80129
Ron Hanson	officer: SVP of Operations of ADA-ES	9135 S RIDGELINE BLVD, SUITE 200, HIGHLANDS RANCH CO 80129
Theodore James Sanders	officer: General Counsel	640 PLAZA DRIVE, SUITE 270, HIGHLANDS RANCH CO 80129