Avalon Advanced Materials (TSX:AVL) Days Inventory : 0.00 (As of Nov. 2023)

Avalon Advanced Materials Days Inventory Chart

Avalon Advanced Materials Annual Data
	Trend	Aug12	Aug13	Aug14	Aug15	Aug16	Aug17	Aug18	Aug19	Aug20	Aug21
Days Inventory		Get a 7-Day Free Trial					-	-	-	-	-

Avalon Advanced Materials Quarterly Data
	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Nov22	Feb23	May23	Nov23
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Avalon Advanced Materials's Days Inventory

For the Other Industrial Metals & Mining subindustry, Avalon Advanced Materials'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.

Avalon Advanced Materials's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Avalon Advanced Materials's Days Inventory distribution charts can be found below:

* The bar in red indicates where Avalon Advanced Materials's Days Inventory falls into.

Avalon Advanced Materials Days Inventory Calculation

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

Avalon Advanced Materials's Days Inventory for the fiscal year that ended in Aug. 2021 is calculated as

Avalon Advanced Materials's Days Inventory for the quarter that ended in Nov. 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.

Avalon Advanced Materials  (TSX:AVL) 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.

Avalon Advanced Materials's Inventory Turnover for the three months ended in Nov. 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.

Avalon Advanced Materials's Inventory to Revenue for the three months ended in Nov. 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.

Avalon Advanced Materials Days Inventory Related Terms

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Avalon Advanced Materials (TSX:AVL) Business Description