African Discovery Group (African Discovery Group) Days Inventory : 0.00 (As of Aug. 2023)

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What is African Discovery Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). African Discovery Group's Average Total Inventories for the six months ended in Aug. 2023 was $0.00 Mil. African Discovery Group's Cost of Goods Sold for the six months ended in Aug. 2023 was $0.00 Mil.

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

AFDG's Days Inventory is not ranked ^*
in the Conglomerates industry.
Industry Median: 75.05
* Ranked among companies with meaningful Days Inventory only.

African Discovery Group's Days Inventory stayed the same from Feb. 2017 (0.00) to Aug. 2023 (0.00).

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

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. African Discovery Group's Inventory-to-Revenue for the six months ended in Aug. 2023 was 0.00.

African Discovery Group Days Inventory Historical Data

The historical data trend for African Discovery Group'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.

African Discovery Group Days Inventory Chart

African Discovery Group Annual Data

Trend

Dec10

Feb12

Feb13

Feb15

Feb16

Feb17

Days Inventory

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African Discovery Group Semi-Annual Data
	Jun10	Dec10	Jun11	Feb12	Aug12	Feb13	Aug13	Feb15	Aug15	Feb16	Aug16	Feb17	Aug22	Aug23
Days Inventory	Get a 7-Day Free Trial									-	-	-	-	-

Competitive Comparison of African Discovery Group's Days Inventory

For the Conglomerates subindustry, African Discovery Group'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.

African Discovery Group's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, African Discovery Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where African Discovery Group's Days Inventory falls into.

African Discovery Group Days Inventory Calculation

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

African Discovery Group's Days Inventory for the fiscal year that ended in Feb. 2017 is calculated as

	Days Inventory (A: Feb. 2017 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Feb. 2016 )	+	Total Inventories (A: Feb. 2017 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2017 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.97	*	365
=	0					/	0.97	*	365
=	0.00

African Discovery Group's Days Inventory for the quarter that ended in Aug. 2023 is calculated as:

	Days Inventory (Q: Aug. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Aug. 2022 )	+	Total Inventories (Q: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Aug. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 2
=	0					/	0	*	365 / 2
=	N/A

African Discovery Group (OTCPK:AFDG) 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.

African Discovery Group's Inventory Turnover for the six months ended in Aug. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=

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.

African Discovery Group's Inventory to Revenue for the six months ended in Aug. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.15
	=	0.00

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.

African Discovery Group Days Inventory Related Terms

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African Discovery Group (African Discovery Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » African Discovery Group Inc (OTCPK:AFDG) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

445 Park Avenue, Ninth Floor, New York, NY, USA, 10022

Website

https://www.africandiscoverygroup.com

African Discovery Group Inc primary business from which it currently generates revenue includes power, agriculture/sustainability, media, strategic minerals, and finance sectors on the African continent.

African Discovery Group (African Discovery Group) Headlines

From GuruFocus

African Discovery Group, Inc. (AFDG) enters collaboration with Ogelle, a dedicated African Social Media Network; announces DTC eligibility

By PRNewswire PRNewswire • 02-25-2021

African Discovery Group, Inc. Announces Completion of Capital Raise

By PRNewswire PRNewswire • 02-08-2021