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Ameresco Inc (NYSE:AMRC)
Days Inventory
8.09 (As of Dec. 2015)

Ameresco Inc's average inventory for the three months ended in Dec. 2015 was $12.7 Mil. Ameresco Inc's cost of goods sold for the three months ended in Dec. 2015 was $143.5 Mil. Hence, Ameresco Inc's days inventory for the three months ended in Dec. 2015 was 8.09.

AMRC' s Days Inventory Range Over the Past 10 Years
Min: 3.96   Max: 7.86
Current: 7.58

3.96
7.86

During the past 8 years, Ameresco Inc's highest Days Inventory was 7.86. The lowest was 3.96. And the median was 6.58.

AMRC's Days Inventory is ranked higher than
75% of the 838 Companies
in the Global Engineering & Construction industry.

( Industry Median: 26.49 vs. AMRC: 7.58 )

Ameresco Inc's days inventory increased from Dec. 2014 (5.66) to Dec. 2015 (8.09). It might indicate that Ameresco Inc's sales slowed down.

Inventory can be measured by Days Sales of Inventory (DSI). Ameresco Inc's days sales of inventory (DSI) for the three months ended in Dec. 2015 was 6.68.

Inventory turnover measures how fast the company turns over its inventory within a year. Ameresco Inc's inventory turnover for the three months ended in Dec. 2015 was 11.29.

Inventory to revenue ratio 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. Ameresco Inc's inventory to revenue ratio for the three months ended in Dec. 2015 was 0.07.


Definition

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

Ameresco Inc's Days Inventory for the fiscal year that ended in Dec. 2015 is calculated as

Days Inventory (A: Dec. 2015 )
=Average Inventory / COGS*Days in Period
=( (Inventory (A: Dec. 2014 ) + Inventory (A: Dec. 2015 )) / 2 ) / COGS (A: Dec. 2015 )*Days in Period
=( (8.896 + 13.223) / 2 ) / 513.768*365
=11.0595 / 513.768*365
=7.86

Ameresco Inc's Days Inventory for the quarter that ended in Dec. 2015 is calculated as:

Days Inventory (Q: Dec. 2015 )
=Average Inventory / COGS*Days in Period
=( (Inventory (Q: Sep. 2015 ) + Inventory (Q: Dec. 2015 )) / 2 ) / COGS (Q: Dec. 2015 )*Days in Period
=( (12.214 + 13.223) / 2 ) / 143.536*365 / 4
=12.7185 / 143.536*365 / 4
=8.09

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

An increase of Days Inventory may indicate the company's sales slowed.

1. Inventory can be measured by Days Sales of Inventory (DSI).

Ameresco Inc's Days Sales of Inventory for the three months ended in Dec. 2015 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=12.7185/173.768*365 / 4
=6.68

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Ameresco Inc's Inventory Turnover for the three months ended in Dec. 2015 is calculated as

3. 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.

Ameresco Inc's Inventory to Revenue for the three months ended in Dec. 2015 is calculated as

Inventory to Revenue=Average Inventory / Revenue
=12.7185 / 173.768
=0.07

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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.


Related Terms

Cost of Goods Sold, Inventory, Revenue, Inventory Turnover, Inventory to Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Ameresco Inc Annual Data

Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysInventory 0.000.000.006.123.964.746.587.667.347.86

Ameresco Inc Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysInventory 7.276.0710.697.366.245.668.497.146.678.09
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