Amaero International (ASX:3DA) Days Inventory : 3,457.36 (As of Dec. 2023)

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What is Amaero International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Amaero International's Average Total Inventories for the six months ended in Dec. 2023 was A$0.85 Mil. Amaero International's Cost of Goods Sold for the six months ended in Dec. 2023 was A$0.05 Mil. Hence, Amaero International's Days Inventory for the six months ended in Dec. 2023 was 3,457.36.

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

ASX:3DA' s Days Inventory Range Over the Past 10 Years
Min: 477.17 Med: 572.11 Max: 1573.67
Current: 1573.67

During the past 5 years, Amaero International's highest Days Inventory was 1573.67. The lowest was 477.17. And the median was 572.11.

ASX:3DA's Days Inventory is ranked worse than
99.69% of 2910 companies
in the Industrial Products industry
Industry Median: 120.69 vs ASX:3DA: 1573.67

Amaero International's Days Inventory increased from Dec. 2022 (390.19) to Dec. 2023 (3,457.36). It might indicate that Amaero International's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Amaero International's Inventory Turnover for the six months ended in Dec. 2023 was 0.05.

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. Amaero International's Inventory-to-Revenue for the six months ended in Dec. 2023 was 7.35.

Amaero International Days Inventory Historical Data

The historical data trend for Amaero International'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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Amaero International Days Inventory Chart

Amaero International Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

968.04

566.39

477.17

577.83

Amaero International Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial				407.47	545.31	390.19	1,128.13	3,457.36

Competitive Comparison of Amaero International's Days Inventory

For the Specialty Industrial Machinery subindustry, Amaero International'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.

Amaero International's Days Inventory Distribution in the Industrial Products Industry

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

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

Amaero International Days Inventory Calculation

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

Amaero International'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
=	( (1.088	+	1.027)	/	2 )	/	0.668	*	365
=	1.0575					/	0.668	*	365
=	577.83

Amaero International'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
=	( (1.027	+	0.678)	/	2 )	/	0.045	*	365 / 2
=	0.8525					/	0.045	*	365 / 2
=	3,457.36

Amaero International (ASX:3DA) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.045	/	0.8525
	=	0.05

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.8525	/	0.116
	=	7.35

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.

Amaero International Days Inventory Related Terms

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

Amaero International (ASX:3DA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Amaero International Ltd (ASX:3DA) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

AMROF:USA

Address

13 Normanby Road, Notting Hill, Melbourne, VIC, AUS, 3168

Website

https://www.amaero.com.au

Amaero International Ltd is an Australian based company. It is engaged in the manufacturing of format complex components in metal with laser-based additive manufacturing processes. The firm uses 3D printers to make components out of various metal alloys for its clients, mainly in the Aviation; Defence; Space sectors, and Tool and Die industries. It generates its revenue in the form of research and development, design and prototyping, and 3D printing equipment and consumables among others.

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