Aitken Spence (COL:SPEN.N0000) Days Inventory : 21.80 (As of Dec. 2023)

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What is Aitken Spence Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aitken Spence's Average Total Inventories for the three months ended in Dec. 2023 was රු4,337 Mil. Aitken Spence's Cost of Goods Sold for the three months ended in Dec. 2023 was රු18,153 Mil. Hence, Aitken Spence's Days Inventory for the three months ended in Dec. 2023 was 21.80.

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

COL:SPEN.N0000' s Days Inventory Range Over the Past 10 Years
Min: 15.19 Med: 24.78 Max: 36.36
Current: 27.86

During the past 13 years, Aitken Spence's highest Days Inventory was 36.36. The lowest was 15.19. And the median was 24.78.

COL:SPEN.N0000's Days Inventory is ranked better than
80.62% of 449 companies
in the Conglomerates industry
Industry Median: 73.45 vs COL:SPEN.N0000: 27.86

Aitken Spence's Days Inventory declined from Dec. 2022 (33.28) to Dec. 2023 (21.80).

Inventory Turnover measures how fast the company turns over its inventory within a year. Aitken Spence's Inventory Turnover for the three months ended in Dec. 2023 was 4.19.

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. Aitken Spence's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.16.

Aitken Spence Days Inventory Historical Data

The historical data trend for Aitken Spence'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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Aitken Spence Days Inventory Chart

Aitken Spence Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

Get a 7-Day Free Trial

16.90

22.49

32.50

29.20

25.41

Aitken Spence 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															33.28	27.50	33.52	28.00	21.80

Competitive Comparison of Aitken Spence's Days Inventory

For the Conglomerates subindustry, Aitken Spence'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.

Aitken Spence's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Aitken Spence's Days Inventory distribution charts can be found below:

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

Aitken Spence Days Inventory Calculation

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

Aitken Spence's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (3858.694	+	5274.192)	/	2 )	/	65584.817	*	365
=	4566.443					/	65584.817	*	365
=	25.41

Aitken Spence'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
=	( (4072.334	+	4601.083)	/	2 )	/	18153.015	*	365 / 4
=	4336.7085					/	18153.015	*	365 / 4
=	21.80

Aitken Spence (COL:SPEN.N0000) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	18153.015	/	4336.7085
	=	4.19

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4336.7085	/	27259.28
	=	0.16

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.

Aitken Spence Days Inventory Related Terms

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

Aitken Spence (COL:SPEN.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Aitken Spence PLC (COL:SPEN.N0000) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

No. 315, Vauxhall Street, Aitken Spence Towers II, Colombo, LKA, 02

Website

https://www.aitkenspence.com

Aitken Spence PLC is a Sri Lankan-based conglomerate company. Its segments consist of Tourism, Maritime and Freight Logistics, Strategic Investments, and Services. The tourism segment includes Hotels, destination management, and Airline GSA. Maritime and Freight Logistics segments consist of Maritime and Port Services, Freight Forwarding and Courier, Airline GSA (Cargo), Integrated Logistics, and Education. Strategic Investment includes Power Generation, Apparel Manufacture, Printing and Packaging, and Plantations. The services sector is engaged in Money Transfer Services, Elevator Agencies, Insurance, and Property Management. The company's geographical segments are Sri Lanka, Maldives, and Other Countries.

Aitken Spence (COL:SPEN.N0000) Headlines

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