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American Pacific (FRA:ACQ) Days Inventory : 173.17 (As of Sep. 2013)


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What is American Pacific Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). American Pacific's Average Total Inventories for the three months ended in Sep. 2013 was €40.8 Mil. American Pacific's Cost of Goods Sold for the three months ended in Sep. 2013 was €21.5 Mil. Hence, American Pacific's Days Inventory for the three months ended in Sep. 2013 was 173.17.

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

FRA:ACQ's Days Inventory is not ranked *
in the Chemicals industry.
Industry Median: 81.77
* Ranked among companies with meaningful Days Inventory only.

American Pacific's Days Inventory increased from Sep. 2012 (128.30) to Sep. 2013 (173.17). It might indicate that American Pacific's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. American Pacific's Inventory Turnover for the three months ended in Sep. 2013 was 0.53.

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. American Pacific's Inventory-to-Revenue for the three months ended in Sep. 2013 was 0.92.


American Pacific Days Inventory Historical Data

The historical data trend for American Pacific'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.

American Pacific Days Inventory Chart

American Pacific Annual Data
Trend Sep04 Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 103.58 136.19 123.53 123.48 150.10

American Pacific Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 128.30 224.67 153.45 110.83 173.17

Competitive Comparison of American Pacific's Days Inventory

For the Specialty Chemicals subindustry, American Pacific'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.


American Pacific's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, American Pacific's Days Inventory distribution charts can be found below:

* The bar in red indicates where American Pacific's Days Inventory falls into.



American Pacific Days Inventory Calculation

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

American Pacific's Days Inventory for the fiscal year that ended in Sep. 2013 is calculated as

Days Inventory (A: Sep. 2013 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2012 ) + Total Inventories (A: Sep. 2013 )) / count ) / Cost of Goods Sold (A: Sep. 2013 )*Days in Period
=( (34.266 + 44.56) / 2 ) / 95.842*365
=39.413 / 95.842*365
=150.10

American Pacific's Days Inventory for the quarter that ended in Sep. 2013 is calculated as:

Days Inventory (Q: Sep. 2013 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2013 ) + Total Inventories (Q: Sep. 2013 )) / count ) / Cost of Goods Sold (Q: Sep. 2013 )*Days in Period
=( (37.097 + 44.56) / 2 ) / 21.514*365 / 4
=40.8285 / 21.514*365 / 4
=173.17

* 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.


American Pacific  (FRA:ACQ) 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.

American Pacific's Inventory Turnover for the three months ended in Sep. 2013 is calculated as

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.

American Pacific's Inventory to Revenue for the three months ended in Sep. 2013 is calculated as

* 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.


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.


American Pacific Days Inventory Related Terms

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


American Pacific (FRA:ACQ) Business Description

Traded in Other Exchanges
N/A
Address
American Pacific Corporation was incorporated in Delaware in December 1980. The Company is a custom manufacturer of fine chemicals, specialty chemicals and propulsion products. It supplies active pharmaceutical ingredients and registered intermediates to the pharmaceutical industry. The pharmaceutical ingredients it manufacture are used by its customers in drugs with indications in three primary areas: anti-viral, oncology, and central nervous system. Its customers include pharmaceutical and biotechnology companies, as well as emerging pharmaceutical companies. Its continuing operations comprise three reportable business segments: Fine Chemicals, Specialty Chemicals, and Other Businesses. The Fine Chemicals segment is operated through its wholly-owned subsidiaries Ampac Fine Chemicals LLC and AMPAC Fine Chemicals Texas, LLC. Specialty Chemicals segment is principally engaged in the production of perchlorates, which include several grades of ammonium perchlorate, sodium perchlorate and potassium perchlorate. In addition, it produce and sell sodium azide, a chemical primarily used in pharmaceutical manufacturing, and Halotron, a series of clean fire extinguishing agents used in fire extinguishing products ranging from portable fire extinguishers to total flooding systems. For the aerospace and defense industry, it provides specialty chemicals used in solid rocket motors for space launch and military missiles. Other Businesses segment contains its water treatment equipment division and real estate activities PEPCON Systems, an operating division of the Company, is a manufacturer and supplier of On-Site Hypochlorite Generation systems.The Company design, manufacture and service equipment used to purify water or air in municipal, industrial and power generation applications. The systems are marketed under the ChlorMaster and Odormaster names. The main competing product to Halotron I is FE36 manufactured by DuPont. The Company's operations are subject to extensive federal, state and local regulations governing, among other things, emissions to air, discharges to water and waste management.

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