Days Inventory is also known as Days Sales of Inventory (DSI). ADF Group's Average Total Inventories for the
three
months ended in Jan. 2024 was C$13.6 Mil. ADF Group's Cost of Goods Sold for the
three
months ended in Jan. 2024 was C$66.8 Mil.
Hence, ADF Group's Days Inventory for the
three
months ended in Jan. 2024 was 18.56.
The historical rank and industry rank for ADF Group's Days Inventory or its related term are showing as below:
TSX:DRX'
s Days Inventory Range Over the Past 10 Years
Min: 11.87 Med: 37.81 Max: 88.94
Current: 17.26
During the past 13 years, ADF Group's highest Days Inventory was 88.94. The lowest was 11.87. And the median was 37.81.
TSX:DRX's Days Inventory is ranked better than 97.32% of 2907
companies
in the Industrial Products industry
Industry Median: 119.85
vs TSX:DRX: 17.26
ADF Group's Days Inventory
declined
from Jan. 2023 (22.54) to Jan. 2024 (18.56).
Inventory Turnover measures how fast the company turns over its inventory within a year.
ADF Group's Inventory Turnover for the
three
months ended in Jan. 2024 was 4.92.
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.
ADF Group's Inventory-to-Revenue for the
three
months ended in Jan. 2024 was 0.15.
ADF Group Days Inventory Historical Data
The historical data trend for ADF Group'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 ADF Group's Days Inventory
For the Metal Fabrication subindustry, ADF Group'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.
ADF Group's Days Inventory Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, ADF Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where ADF Group's Days Inventory falls into.
ADF Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
ADF Group's Days Inventory for the fiscal year that ended in Jan. 2024 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.
ADF Group (TSX:DRX) 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.
ADF Group's Inventory Turnover for the
three
months ended in Jan. 2024 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.
ADF Group's Inventory to Revenue for the
three
months ended in Jan. 2024 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.
ADF Group Days Inventory Related Terms
Thank you for viewing the detailed overview of ADF Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
ADF Group Inc involves in the design and engineering of connections, fabrication, including industrial coating, and the installation of steel structures and steel built-ups, as well as miscellaneous and architectural metalwork. The company's products and services are intended for the five principal segments of the non-residential construction industry: Office towers and high-rises, Commercial and recreational buildings, Airport facilities, Industrial complexes, and Transport infrastructures. It serves the client base in the non-residential construction industry, such as general contractors, project owners, engineering firms and project architects, and other steel structure fabricators. The company operates in the United States and Canada.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TSX:DRX has been successfully added to your 