Atlas African Industries (LSE:AAI) Days Inventory : 615.94 (As of Jun. 2016)

View and export this data going back to 2013. Start your Free Trial

What is Atlas African Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Atlas African Industries's Average Total Inventories for the six months ended in Jun. 2016 was £0.08 Mil. Atlas African Industries's Cost of Goods Sold for the six months ended in Jun. 2016 was £0.02 Mil. Hence, Atlas African Industries's Days Inventory for the six months ended in Jun. 2016 was 615.94.

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

LSE:AAI's Days Inventory is not ranked ^*
in the Oil & Gas industry.
Industry Median: 32.19
* Ranked among companies with meaningful Days Inventory only.

Atlas African Industries's Days Inventory increased from Jun. 2014 (0.00) to Jun. 2016 (615.94). It might indicate that Atlas African Industries's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Atlas African Industries's Inventory Turnover for the six months ended in Jun. 2016 was 0.30.

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. Atlas African Industries's Inventory-to-Revenue for the six months ended in Jun. 2016 was 1.84.

Atlas African Industries Days Inventory Historical Data

The historical data trend for Atlas African Industries'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.

Atlas African Industries Days Inventory Chart

Atlas African Industries Annual Data

Trend

Dec11

Dec12

Jun13

Jun14

Days Inventory

1.58

0.60

Atlas African Industries Semi-Annual Data
	Dec11	Dec12	Dec13	Jun14	Dec14	Jun16
Days Inventory	Get a 7-Day Free Trial			-	-	-	10.93	615.94

Competitive Comparison of Atlas African Industries's Days Inventory

For the Oil & Gas Equipment & Services subindustry, Atlas African Industries'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.

Atlas African Industries's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Atlas African Industries's Days Inventory distribution charts can be found below:

* The bar in red indicates where Atlas African Industries's Days Inventory falls into.

Atlas African Industries Days Inventory Calculation

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

Atlas African Industries's Days Inventory for the fiscal year that ended in Jun. 2014 is calculated as

	Days Inventory (A: Jun. 2014 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2013 )	+	Total Inventories (A: Jun. 2014 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2014 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Atlas African Industries's Days Inventory for the quarter that ended in Jun. 2016 is calculated as:

	Days Inventory (Q: Jun. 2016 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2014 )	+	Total Inventories (Q: Jun. 2016 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2016 )	*	Days in Period
=	( (0.081	+	0)	/	1 )	/	0.024	*	365 / 2
=	0.081					/	0.024	*	365 / 2
=	615.94

Atlas African Industries (LSE:AAI) 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.

Atlas African Industries's Inventory Turnover for the six months ended in Jun. 2016 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.024	/	0.081
	=	0.30

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.

Atlas African Industries's Inventory to Revenue for the six months ended in Jun. 2016 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.081	/	0.044
	=	1.84

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.

Atlas African Industries Days Inventory Related Terms

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

Atlas African Industries (LSE:AAI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Atlas African Industries Ltd (LSE:AAI) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.atlassupport.com

Atlas African Industries Ltd, formerly known as Atlas Development & Support Services Ltd, was incorporated in Guernsey under the Law on December 5, 2012. The Company has a Joint Venture agreement with Ethiopian conglomerate Orchid Group to provide services in civil engineering and project management offering into industrial projects. The Company's operates in industrial division and support services division. Its 100% owned subsidiary, East Africa Packaging Holdings, is focused glass bottle manufacturing facility 45km north of Addis Ababa, Ethiopia known as the Chancho Project. The Chancho Project is in feasibility stage with a defined development strategy to construct and operate a glass bottle manufacturing facility. The JV provides services to clients in the natural resource development and infrastructure sectors, through civil engineering, project management, work-force accommodation solutions and on-going life support services.

Atlas African Industries (LSE:AAI) Headlines

No Headlines