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Acadian Timber (Acadian Timber) Days Inventory : 80.96 (As of Dec. 2023)


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What is Acadian Timber Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Acadian Timber's Average Total Inventories for the three months ended in Dec. 2023 was $11.41 Mil. Acadian Timber's Cost of Goods Sold for the three months ended in Dec. 2023 was $12.86 Mil. Hence, Acadian Timber's Days Inventory for the three months ended in Dec. 2023 was 80.96.

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

ACAZF' s Days Inventory Range Over the Past 10 Years
Min: 6.77   Med: 9.58   Max: 58.49
Current: 58.49

During the past 13 years, Acadian Timber's highest Days Inventory was 58.49. The lowest was 6.77. And the median was 9.58.

ACAZF's Days Inventory is ranked better than
75.18% of 278 companies
in the Forest Products industry
Industry Median: 87.975 vs ACAZF: 58.49

Acadian Timber's Days Inventory increased from Dec. 2022 (7.32) to Dec. 2023 (80.96). It might indicate that Acadian Timber'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. Acadian Timber's Inventory Turnover for the three months ended in Dec. 2023 was 1.13.

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. Acadian Timber's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.64.


Acadian Timber Days Inventory Historical Data

The historical data trend for Acadian Timber'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.

Acadian Timber Days Inventory Chart

Acadian Timber Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.52 7.37 6.76 9.84 49.00

Acadian Timber 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 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 7.32 16.93 65.24 74.98 80.96

Competitive Comparison of Acadian Timber's Days Inventory

For the Lumber & Wood Production subindustry, Acadian Timber'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.


Acadian Timber's Days Inventory Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Acadian Timber's Days Inventory distribution charts can be found below:

* The bar in red indicates where Acadian Timber's Days Inventory falls into.



Acadian Timber Days Inventory Calculation

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

Acadian Timber's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (1.362 + 11.426) / 2 ) / 47.626*365
=6.394 / 47.626*365
=49.00

Acadian Timber'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
=( (11.386 + 11.426) / 2 ) / 12.855*365 / 4
=11.406 / 12.855*365 / 4
=80.96

* 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.


Acadian Timber  (OTCPK:ACAZF) 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.

Acadian Timber'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.

Acadian Timber'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.


Acadian Timber Days Inventory Related Terms

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


Acadian Timber (Acadian Timber) Business Description

Traded in Other Exchanges
Address
365 Canada Road, Edmundston, NB, CAN, E3V 1W2
Acadian Timber Corp is a Canada-based supplier of primary forest products in Eastern Canada and the Northeastern United States. The company's operating segments include NB Timberlands and Maine Timberlands. It generates maximum revenue from the NB Timberlands segment. The company's product includes softwood and hardwood sawlogs, pulpwood and biomass by-products.