The historical rank and industry rank for AAC Clyde Space AB's Days Inventory or its related term are showing as below:
FRA:MKC0'
s Days Inventory Range Over the Past 10 Years
Min: 42.16 Med: 102.1 Max: 602.81
Current: 106.65
During the past 10 years, AAC Clyde Space AB's highest Days Inventory was 602.81. The lowest was 42.16. And the median was 102.10.
FRA:MKC0's Days Inventory is ranked better than 63.67% of 289
companies
in the Aerospace & Defense industry
Industry Median: 141.95
vs FRA:MKC0: 106.65
AAC Clyde Space AB's Days Inventory
increased
from Dec. 2022 (68.98) to Dec. 2023 (90.81).
It might indicate that AAC Clyde Space AB's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
AAC Clyde Space AB's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.00.
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.
AAC Clyde Space AB's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.31.
AAC Clyde Space AB Days Inventory Historical Data
The historical data trend for AAC Clyde Space AB'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.
Competitive Comparison of AAC Clyde Space AB's Days Inventory
For the Aerospace & Defense subindustry, AAC Clyde Space AB'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.
AAC Clyde Space AB's Days Inventory Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, AAC Clyde Space AB's Days Inventory distribution charts can be found below:
* The bar in red indicates where AAC Clyde Space AB's Days Inventory falls into.
AAC Clyde Space AB Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
AAC Clyde Space AB's Days Inventory for the fiscal year that ended in Dec. 2023 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.
AAC Clyde Space AB (FRA:MKC0) 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.
AAC Clyde Space AB's Inventory Turnover for the
three
months ended in Dec. 2023 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.
AAC Clyde Space AB's Inventory to Revenue for the
three
months ended in Dec. 2023 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.
AAC Clyde Space AB Days Inventory Related Terms
Thank you for viewing the detailed overview of AAC Clyde Space AB's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
AAC Clyde Space AB (FRA:MKC0) Business Description
AAC Clyde Space AB is engaged in advanced nanosatellite spacecraft, mission services, and reliable subsystems. The group has six reportable segments: AAC Clyde Space (Swedish operation); Clyde Space (Scottish operation); Hyperion Space (Netherland operation); SpaceQuest, operations in the US; Omnisys Instruments, operations in Gothenburg, Sweden; and AAC Space Africa, operations in South Africa. Its geographical segments are Sweden, the United Kingdom, the Rest of Europe, the United States, Asia, and the Rest of the world.
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