Switch to:
Amcon Distributing Company (AMEX:DIT)
Days Inventory
16.22 (As of Dec. 2013)

Amcon Distributing Company's inventory for the three months ended in Dec. 2013 was $51 Mil. Amcon Distributing Company's cost of goods sold for the three months ended in Dec. 2013 was $286 Mil. Hence, Amcon Distributing Company's days inventory for the three months ended in Dec. 2013 was 16.22.

Amcon Distributing Company's days inventory increased from Mar. 2013 (13.88) to Dec. 2013 (16.22). It might indicate that Amcon Distributing Company's sales slowed down.

Inventory can be measured by Days Sales of Inventory (DSI). Amcon Distributing Company's days sales of inventory (DSI) for the three months ended in Dec. 2013 was 15.18.

Inventory turnover measures how fast the company turns over its inventory within a year. Amcon Distributing Company's inventory turnover for the three months ended in Dec. 2013 was 5.61.

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. Amcon Distributing Company's inventory to revenue ratio for the three months ended in Dec. 2013 was 0.17.


Definition

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

Amcon Distributing Company's Days Inventory for the fiscal year that ended in Sep. 2013 is calculated as

Days Inventory=Inventory/Cost of Goods Sold*Days in Period
=46.125/1133.695*365
=14.85

Amcon Distributing Company's Days Inventory for the quarter that ended in Dec. 2013 is calculated as:

Days Inventory=Inventory/Cost of Goods Sold*Days in Period
=50.987/285.984*91
=16.22

* 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).

Amcon Distributing Company's Days Sales of Inventory for the three months ended in Dec. 2013 is calculated as

Days Sales of Inventory (DSI)=Inventory/Revenue*Days in Period
=50.987/305.626*91
=15.18

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

Amcon Distributing Company's Inventory Turnover for the three months ended in Dec. 2013 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.

Amcon Distributing Company's Inventory to Revenue for the three months ended in Dec. 2013 is calculated as

Inventory to Revenue=Inventory / Revenue
=50.987 / 305.626
=0.17

* 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.

Amcon Distributing Company Annual Data

Sep04Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13
DaysInventory 16.9011.0213.7813.7517.1214.9913.6114.5112.7914.85

Amcon Distributing Company Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13May13Jun13Sep13Dec13
DaysInventory 16.4712.3415.6512.1915.9813.880.0014.7914.0716.22
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Hide