The historical rank and industry rank for Accredited Solutions's Days Inventory or its related term are showing as below:
ASII'
s Days Inventory Range Over the Past 10 Years
Min: 1.32 Med: 340.53 Max: 449.61
Current: 1.32
During the past 13 years, Accredited Solutions's highest Days Inventory was 449.61. The lowest was 1.32. And the median was 340.53.
ASII's Days Inventory is ranked better than 99.07% of 108
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 66.17
vs ASII: 1.32
Accredited Solutions's Days Inventory
declined
from Sep. 2022 (1.09) to Sep. 2023 (0.00).
Inventory Turnover measures how fast the company turns over its inventory within a year.
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.
Accredited Solutions's Inventory-to-Revenue for the
three
months ended in Sep. 2023 was 0.00.
Accredited Solutions Days Inventory Historical Data
The historical data trend for Accredited Solutions'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 Accredited Solutions's Days Inventory
For the Beverages - Non-Alcoholic subindustry, Accredited Solutions'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.
Accredited Solutions's Days Inventory Distribution in the Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Accredited Solutions's Days Inventory distribution charts can be found below:
* The bar in red indicates where Accredited Solutions's Days Inventory falls into.
Accredited Solutions Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Accredited Solutions's Days Inventory for the fiscal year that ended in Dec. 2022 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.
Accredited Solutions (OTCPK:ASII) 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.
Accredited Solutions's Inventory Turnover for the
three
months ended in Sep. 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.
Accredited Solutions's Inventory to Revenue for the
three
months ended in Sep. 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.
Accredited Solutions Days Inventory Related Terms
Thank you for viewing the detailed overview of Accredited Solutions's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Accredited Solutions (Accredited Solutions) Business Description
Accredited Solutions Inc formerly Good Hemp Inc is engaged in a hemp-derived CBD-infused line of consumer beverages sold under the Good Hemp brand. The company's current products include high-alkaline water products, hemp-based beverage products under the Good Hemp brand, and CBD softgels under the Good Hemp Wellness brand. Good Hemp products include two lines of hemp-based beverages. Good Hemp 2oh!, CANNA HEMP and CANNA are a line-up of refreshing, all-natural, good-for-you, ready-to-drink waters in six flavors: blueberry-blast, island coco-lime, kiwi-strawberry, lemon-twist, mango-fandango and Q-cumbermint. Good Hemp fizz is a line-up of carbonated refreshing, all-natural, good-for-you, ready-to-drink carbonated beverages in three flavors: blueberry-bam, mango-tango and citrus-twist.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ASII has been successfully added to your 