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Aether Global Innovations (Aether Global Innovations) Days Inventory : 0.00 (As of Aug. 2023)


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What is Aether Global Innovations Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aether Global Innovations's Average Total Inventories for the three months ended in Aug. 2023 was $0.00 Mil. Aether Global Innovations's Cost of Goods Sold for the three months ended in Aug. 2023 was $0.00 Mil.

The historical rank and industry rank for Aether Global Innovations's Days Inventory or its related term are showing as below:

AETHF' s Days Inventory Range Over the Past 10 Years
Min: 1.96   Med: 54.93   Max: 235.48
Current: 1.96

During the past 12 years, Aether Global Innovations's highest Days Inventory was 235.48. The lowest was 1.96. And the median was 54.93.

AETHF's Days Inventory is ranked better than
86.03% of 680 companies
in the Business Services industry
Industry Median: 29.67 vs AETHF: 1.96

Aether Global Innovations's Days Inventory stayed the same from Aug. 2022 (0.00) to Aug. 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.


Aether Global Innovations Days Inventory Historical Data

The historical data trend for Aether Global Innovations'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.

Aether Global Innovations Days Inventory Chart

Aether Global Innovations Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 238.04 53.41 12.85

Aether Global Innovations Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23
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 - 0.31 12.44 - -

Competitive Comparison of Aether Global Innovations's Days Inventory

For the Security & Protection Services subindustry, Aether Global Innovations'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.


Aether Global Innovations's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Aether Global Innovations's Days Inventory distribution charts can be found below:

* The bar in red indicates where Aether Global Innovations's Days Inventory falls into.



Aether Global Innovations Days Inventory Calculation

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

Aether Global Innovations's Days Inventory for the fiscal year that ended in Nov. 2022 is calculated as

Days Inventory (A: Nov. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Nov. 2021 ) + Total Inventories (A: Nov. 2022 )) / count ) / Cost of Goods Sold (A: Nov. 2022 )*Days in Period
=( (0.009 + 0.001) / 2 ) / 0.142*365
=0.005 / 0.142*365
=12.85

Aether Global Innovations's Days Inventory for the quarter that ended in Aug. 2023 is calculated as:

Days Inventory (Q: Aug. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: May. 2023 ) + Total Inventories (Q: Aug. 2023 )) / count ) / Cost of Goods Sold (Q: Aug. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 4
=0 / 0*365 / 4
=N/A

* 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.


Aether Global Innovations  (OTCPK:AETHF) 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.

Aether Global Innovations's Inventory Turnover for the three months ended in Aug. 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.

Aether Global Innovations's Inventory to Revenue for the three months ended in Aug. 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.


Aether Global Innovations Days Inventory Related Terms

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


Aether Global Innovations (Aether Global Innovations) Business Description

Traded in Other Exchanges
Address
1199 W Hastings Street, Suite 700, Vancouver, BC, CAN, V6E 3T5
Aether Global Innovations Corp is an innovative UAV drone management and operations services company that focuses in three areas for critical infrastructure and large public and private facilities. These three areas include drone management and surveillance monitoring, automation and integration for flight planning, new sensor payloads, stand-alone power source and drone base station infrastructure and technology for autonomous self-landing, power charging, and take off.

Aether Global Innovations (Aether Global Innovations) Headlines