Days Inventory is also known as Days Sales of Inventory (DSI). Abu Dhabi Aviation Co's Average Total Inventories for the
three
months ended in Dec. 2023 was د.إ640 Mil. Abu Dhabi Aviation Co's Cost of Goods Sold for the
three
months ended in Dec. 2023 was د.إ527 Mil.
Hence, Abu Dhabi Aviation Co's Days Inventory for the
three
months ended in Dec. 2023 was 110.81.
The historical rank and industry rank for Abu Dhabi Aviation Co's Days Inventory or its related term are showing as below:
ADX:ADAVIATION'
s Days Inventory Range Over the Past 10 Years
Min: 83.44 Med: 118.24 Max: 166.56
Current: 117.29
During the past 13 years, Abu Dhabi Aviation Co's highest Days Inventory was 166.56. The lowest was 83.44. And the median was 118.24.
ADX:ADAVIATION's Days Inventory is ranked worse than 92.7% of 781
companies
in the Transportation industry
Industry Median: 11.49
vs ADX:ADAVIATION: 117.29
Abu Dhabi Aviation Co's Days Inventory
declined
from Dec. 2022 (117.87) to Dec. 2023 (110.81).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Abu Dhabi Aviation Co's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.82.
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.
Abu Dhabi Aviation Co's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.88.
Abu Dhabi Aviation Co Days Inventory Historical Data
The historical data trend for Abu Dhabi Aviation Co'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 Abu Dhabi Aviation Co's Days Inventory
For the Airports & Air Services subindustry, Abu Dhabi Aviation Co'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.
Abu Dhabi Aviation Co's Days Inventory Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Abu Dhabi Aviation Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Abu Dhabi Aviation Co's Days Inventory falls into.
Abu Dhabi Aviation Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Abu Dhabi Aviation Co'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.
Abu Dhabi Aviation Co (ADX:ADAVIATION) 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.
Abu Dhabi Aviation Co'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.
Abu Dhabi Aviation Co'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.
Abu Dhabi Aviation Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Abu Dhabi Aviation Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Abu Dhabi Aviation Co (ADX:ADAVIATION) Business Description
Abu Dhabi Aviation Co is a commercial airline operator based in the Middle East. Its key revenue-generating segment is that of helicopters and fixed-wing aircraft operations within the United Arab Emirates. Among its other business segments are Commercial Aircraft Operations, Air Cargo, Investments, Helicopter and fixed wing operations and others. The firm generates revenue from the Helicopter & fixed wing operations. Other sources of revenue include training of pilots, rental income from investment properties and other management consultancy services.
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