GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » African And Overseas Enterprises Ltd (JSE:AOO) » Definitions » Days Inventory

African And Overseas Enterprises (JSE:AOO) Days Inventory : 130.01 (As of Dec. 2023)


View and export this data going back to 1948. Start your Free Trial

What is African And Overseas Enterprises Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). African And Overseas Enterprises's Average Total Inventories for the six months ended in Dec. 2023 was R146.8 Mil. African And Overseas Enterprises's Cost of Goods Sold for the six months ended in Dec. 2023 was R206.1 Mil. Hence, African And Overseas Enterprises's Days Inventory for the six months ended in Dec. 2023 was 130.01.

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

JSE:AOO' s Days Inventory Range Over the Past 10 Years
Min: 96.33   Med: 123.78   Max: 158.29
Current: 143.4

During the past 13 years, African And Overseas Enterprises's highest Days Inventory was 158.29. The lowest was 96.33. And the median was 123.78.

JSE:AOO's Days Inventory is ranked worse than
61.42% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.945 vs JSE:AOO: 143.40

African And Overseas Enterprises's Days Inventory increased from Dec. 2022 (123.73) to Dec. 2023 (130.01). It might indicate that African And Overseas Enterprises's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. African And Overseas Enterprises's Inventory Turnover for the six months ended in Dec. 2023 was 1.40.

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. African And Overseas Enterprises's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.38.


African And Overseas Enterprises Days Inventory Historical Data

The historical data trend for African And Overseas Enterprises'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.

African And Overseas Enterprises Days Inventory Chart

African And Overseas Enterprises Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 109.33 132.82 158.29 138.77 138.42

African And Overseas Enterprises Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 106.30 143.43 123.73 163.20 130.01

Competitive Comparison of African And Overseas Enterprises's Days Inventory

For the Apparel Retail subindustry, African And Overseas Enterprises'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.


African And Overseas Enterprises's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, African And Overseas Enterprises's Days Inventory distribution charts can be found below:

* The bar in red indicates where African And Overseas Enterprises's Days Inventory falls into.



African And Overseas Enterprises Days Inventory Calculation

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

African And Overseas Enterprises's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (124.96 + 152.023) / 2 ) / 365.199*365
=138.4915 / 365.199*365
=138.42

African And Overseas Enterprises'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (152.023 + 141.67) / 2 ) / 206.127*365 / 2
=146.8465 / 206.127*365 / 2
=130.01

* 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.


African And Overseas Enterprises  (JSE:AOO) 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.

African And Overseas Enterprises's Inventory Turnover for the six 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.

African And Overseas Enterprises's Inventory to Revenue for the six 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.


African And Overseas Enterprises Days Inventory Related Terms

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


African And Overseas Enterprises (JSE:AOO) Business Description

Traded in Other Exchanges
Address
263 Victoria Road, Rex Trueform Office Park, Salt River,, Cape Town, WC, ZAF, 7925
African And Overseas Enterprises Ltd is an investment holding company. The company operates in five segments: Retail division comprises the retailing of fashion apparel through Queenspark stores in South Africa. Property division comprises of the group's property portfolio based in Cape Town which includes both investment and owner-occupied properties.; Water infrastructure segment comprises an indirect investment made in a private water and wastewater utility group operating in the South African provinces of Mpumalanga and KwaZulu-Natal, Media and broadcasting comprises the provision of media and satellite equipment and services through Telemedia, and the Group Services division manages the corporate responsibility and includes corporate costs. The Retail Segment derives maximum revenue.

African And Overseas Enterprises (JSE:AOO) Headlines

No Headlines