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ASV Holdings (ASV Holdings) Days Inventory : 103.35 (As of Jun. 2019)


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What is ASV Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ASV Holdings's Average Total Inventories for the three months ended in Jun. 2019 was $35.6 Mil. ASV Holdings's Cost of Goods Sold for the three months ended in Jun. 2019 was $31.4 Mil. Hence, ASV Holdings's Days Inventory for the three months ended in Jun. 2019 was 103.35.

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

ASV's Days Inventory is not ranked *
in the Farm & Heavy Construction Machinery industry.
Industry Median: 135.11
* Ranked among companies with meaningful Days Inventory only.

ASV Holdings's Days Inventory increased from Jun. 2018 (97.07) to Jun. 2019 (103.35). It might indicate that ASV Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. ASV Holdings's Inventory Turnover for the three months ended in Jun. 2019 was 0.88.

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. ASV Holdings's Inventory-to-Revenue for the three months ended in Jun. 2019 was 0.99.


ASV Holdings Days Inventory Historical Data

The historical data trend for ASV Holdings'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.

ASV Holdings Days Inventory Chart

ASV Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18
Days Inventory
105.92 125.10 100.38 98.68

ASV Holdings Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 97.07 102.41 101.83 137.48 103.35

Competitive Comparison of ASV Holdings's Days Inventory

For the Farm & Heavy Construction Machinery subindustry, ASV Holdings'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.


ASV Holdings's Days Inventory Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, ASV Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where ASV Holdings's Days Inventory falls into.



ASV Holdings Days Inventory Calculation

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

ASV Holdings's Days Inventory for the fiscal year that ended in Dec. 2018 is calculated as

Days Inventory (A: Dec. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2017 ) + Total Inventories (A: Dec. 2018 )) / count ) / Cost of Goods Sold (A: Dec. 2018 )*Days in Period
=( (26.691 + 34.055) / 2 ) / 112.348*365
=30.373 / 112.348*365
=98.68

ASV Holdings's Days Inventory for the quarter that ended in Jun. 2019 is calculated as:

Days Inventory (Q: Jun. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2019 ) + Total Inventories (Q: Jun. 2019 )) / count ) / Cost of Goods Sold (Q: Jun. 2019 )*Days in Period
=( (37.969 + 33.241) / 2 ) / 31.435*365 / 4
=35.605 / 31.435*365 / 4
=103.35

* 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.


ASV Holdings  (NAS:ASV) 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.

ASV Holdings's Inventory Turnover for the three months ended in Jun. 2019 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.

ASV Holdings's Inventory to Revenue for the three months ended in Jun. 2019 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.


ASV Holdings Days Inventory Related Terms

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


ASV Holdings (ASV Holdings) Business Description

Traded in Other Exchanges
N/A
Address
840 Lily Lane, Grand Rapids, MN, USA, 55744
ASV Holdings Inc is a designer and manufacturer of a broad range of high quality compact track loader (CTL) and skid steer loader (SSL) equipments. CTLs are compact tracked vehicles with lift arms that function particularly well in wet, muddy, snowy or harsh conditions and where there are slopes and grades, such as in a construction, agriculture or forestry environment. SSLs are wheeled vehicles with lift arms that can be outfitted with the same attachments as CTLs and can therefore be used in most of the same applications. It also serves as a private label original equipment manufacturer for several manufacturers. The company's markets through a distribution network in North America, Australia and New Zealand under the ASV and Terex brands.
Executives
Joseph M Nowicki director C/O BEACON ROOFING SUPPLY, INC., 505 HUNTMAR PARK DRIVE SUITE 300, HERNDON VA 20170
Andrew M Rooke director, officer: Chief Executive Officer 7402 W. 100TH PLACE, BRIDGEVIEW IL 48304
Brian J Henry director C/O TEREX CORP, 200 NYALA FARM ROAD, WESTPORT CT 06880