A2B Australia (A2B Australia) Days Inventory

: 36.92 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). A2B Australia's Average Total Inventories for the six months ended in Dec. 2023 was $1.9 Mil. A2B Australia's Cost of Goods Sold for the six months ended in Dec. 2023 was $9.5 Mil. Hence, A2B Australia's Days Inventory for the six months ended in Dec. 2023 was 36.92.

The historical rank and industry rank for A2B Australia's Days Inventory or its related term are showing as below:

CGAAY' s Days Inventory Range Over the Past 10 Years
Min: 29.3 Med: 195.44 Max: 350.37
Current: 67.78

During the past 13 years, A2B Australia's highest Days Inventory was 350.37. The lowest was 29.30. And the median was 195.44.

CGAAY's Days Inventory is ranked worse than
72.59% of 1565 companies
in the Software industry
Industry Median: 19.53 vs CGAAY: 67.78

A2B Australia's Days Inventory declined from Dec. 2022 (88.27) to Dec. 2023 (36.92).

Inventory Turnover measures how fast the company turns over its inventory within a year. A2B Australia's Inventory Turnover for the six months ended in Dec. 2023 was 4.94.

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. A2B Australia's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.04.

A2B Australia Days Inventory Historical Data

The historical data trend for A2B Australia'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.

A2B Australia Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

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221.72

185.47

196.49

239.47

164.65

A2B Australia 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															159.25	723.88	88.27	541.21	36.92

Competitive Comparison

For the Software - Infrastructure subindustry, A2B Australia'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.

A2B Australia Days Inventory Distribution

For the Software industry and Technology sector, A2B Australia's Days Inventory distribution charts can be found below:

* The bar in red indicates where A2B Australia's Days Inventory falls into.

A2B Australia Days Inventory Calculation

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

A2B Australia'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
=	( (2.577	+	2.119)	/	2 )	/	5.205	*	365
=	2.348					/	5.205	*	365
=	164.65

A2B Australia'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
=	( (2.119	+	1.715)	/	2 )	/	9.477	*	365 / 2
=	1.917					/	9.477	*	365 / 2
=	36.92

A2B Australia (OTCPK:CGAAY) 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.

A2B Australia's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	9.477	/	1.917
	=	4.94

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.

A2B Australia's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.917	/	49.615
	=	0.04

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.

A2B Australia Days Inventory Related Terms

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A2B Australia (A2B Australia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » A2B Australia Ltd (OTCPK:CGAAY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

A2B:Australia

Address

9-13 O’Riordan Street, Alexandria, Sydney, NSW, AUS, 2015

Website

https://www.a2baustralia.com

A2B Australia Ltd provides payment and other services to taxi operators in Australia and also operates taxis itself. Its brands include 13cabs, Cabcharge, Silver Service, MTI, Spotto, EFT Solutions, and Giraffe payments. The company derives revenue from the Taxi service fee; Network subscription fees and others.

A2B Australia (A2B Australia) Headlines

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