Alliance Creative Group (Alliance Creative Group) Days Inventory : 94.82 (As of Dec. 2018)

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What is Alliance Creative Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Alliance Creative Group's Average Total Inventories for the three months ended in Dec. 2018 was $1.76 Mil. Alliance Creative Group's Cost of Goods Sold for the three months ended in Dec. 2018 was $1.70 Mil. Hence, Alliance Creative Group's Days Inventory for the three months ended in Dec. 2018 was 94.82.

The historical rank and industry rank for Alliance Creative Group's Days Inventory or its related term are showing as below:

ACGX's Days Inventory is not ranked ^*
in the Packaging & Containers industry.
Industry Median: 77.6
* Ranked among companies with meaningful Days Inventory only.

Alliance Creative Group's Days Inventory increased from Dec. 2017 (37.15) to Dec. 2018 (94.82). It might indicate that Alliance Creative Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Alliance Creative Group's Inventory Turnover for the three months ended in Dec. 2018 was 0.96.

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. Alliance Creative Group's Inventory-to-Revenue for the three months ended in Dec. 2018 was 0.47.

Alliance Creative Group Days Inventory Historical Data

The historical data trend for Alliance Creative 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.

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Alliance Creative Group Days Inventory Chart

Alliance Creative Group Annual Data

Trend

Dec05

Dec06

Dec07

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Days Inventory

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50.22

59.41

68.48

37.22

54.95

Alliance Creative Group Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Days Inventory	Get a 7-Day Free Trial															37.15	35.33	62.93	65.23	94.82

Competitive Comparison of Alliance Creative Group's Days Inventory

For the Packaging & Containers subindustry, Alliance Creative 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.

Alliance Creative Group's Days Inventory Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Alliance Creative Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Alliance Creative Group's Days Inventory falls into.

Alliance Creative Group Days Inventory Calculation

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

Alliance Creative Group's Days Inventory for the fiscal year that ended in Dec. 2018 is calculated as

	Days Inventory (A: Dec. 2018 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2017 )	+	Total Inventories (A: Dec. 2018 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2018 )	*	Days in Period
=	( (1.535	+	1.702)	/	2 )	/	10.75	*	365
=	1.6185					/	10.75	*	365
=	54.95

Alliance Creative Group's Days Inventory for the quarter that ended in Dec. 2018 is calculated as:

	Days Inventory (Q: Dec. 2018 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2018 )	+	Total Inventories (Q: Dec. 2018 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2018 )	*	Days in Period
=	( (1.827	+	1.702)	/	2 )	/	1.698	*	365 / 4
=	1.7645					/	1.698	*	365 / 4
=	94.82

Alliance Creative Group (OTCPK:ACGX) 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.

Alliance Creative Group's Inventory Turnover for the three months ended in Dec. 2018 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.698	/	1.7645
	=	0.96

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.

Alliance Creative Group's Inventory to Revenue for the three months ended in Dec. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.7645	/	3.751
	=	0.47

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.

Alliance Creative Group Days Inventory Related Terms

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

Alliance Creative Group (Alliance Creative Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Alliance Creative Group Inc (OTCPK:ACGX) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

7366 North Lincoln Avenue, Suite 105, Lincolnwood, IL, USA, 60712

Website

https://www.alliancecreativegroup.com

Alliance Creative Group Inc up is a packaging solutions company focused on Retail Packaging and Packaging Management. It helps its clients from initial concept and packaging development through final production and managed inventory solutions. It is focused on flexible packaging, clear rigid packaging, folding cartons in the food and beverage industry, vendor-managed inventory supply chain services, and fulfillment.