ADFS (American Defense Systems) Days Inventory: 0.00 (As of Sep. 2012)


What is American Defense Systems Days Inventory?

American Defense Systems ADFS Days Inventory is 0.00 as of Sep. 2012.

Days Inventory is also known as Days Sales of Inventory (DSI). American Defense Systems's Average Total Inventories for the three months ended in Sep. 2012 was $0.00 Mil. American Defense Systems's Cost of Goods Sold for the three months ended in Sep. 2012 was $0.91 Mil. Hence, American Defense Systems's Days Inventory for the three months ended in Sep. 2012 was 0.00.

The historical rank and industry rank for American Defense Systems's Days Inventory or its related term are showing as below:

ADFS's Days Inventory is not ranked *
in the Aerospace & Defense industry.
Industry Median: 141.54
* Ranked among companies with meaningful Days Inventory only.

American Defense Systems's Days Inventory stayed the same from Sep. 2011 (0.00) to Sep. 2012 (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. American Defense Systems's Inventory-to-Revenue for the three months ended in Sep. 2012 was 0.00.

American Defense Systems  (OTCPK:ADFS) 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.

American Defense Systems's Inventory Turnover for the three months ended in Sep. 2012 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.908 / 0
=

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.

American Defense Systems's Inventory to Revenue for the three months ended in Sep. 2012 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0 / 1.601
=0.00

* 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.

American Defense Systems Days Inventory Related Terms

American Defense Systems Days Inventory Historical Data

* Premium members only.

The historical data trend for American Defense Systems'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.

American Defense Systems Days Inventory Chart

American Defense Systems Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Days Inventory
Get a 7-Day Free Trial 6.45 7.81 6.68 0.00 0.00

American Defense Systems Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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 0.00 0.00 0.00 0.00 0.00

ADFS vs ASDN, MKRS, PSSR: Days Inventory Comparison

For the Aerospace & Defense subindustry, American Defense Systems'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.

American Defense Systems Days Inventory vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, American Defense Systems's Days Inventory distribution charts can be found below:

* The bar in red indicates where American Defense Systems's Days Inventory falls into.


American Defense Systems Days Inventory Calculation

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

American Defense Systems's Days Inventory for the fiscal year that ended in Dec. 2011 is calculated as

Days Inventory (A: Dec. 2011 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2010 ) + Total Inventories (A: Dec. 2011 )) / count ) / Cost of Goods Sold (A: Dec. 2011 )*Days in Period
=( (0 + 0) / 1 ) / 5.329*365
=0 / 5.329*365
=0.00

American Defense Systems's Days Inventory for the quarter that ended in Sep. 2012 is calculated as:

Days Inventory (Q: Sep. 2012 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2012 ) + Total Inventories (Q: Sep. 2012 )) / count ) / Cost of Goods Sold (Q: Sep. 2012 )*Days in Period
=( (0 + 0) / 1 ) / 0.908*365 / 4
=0 / 0.908*365 / 4
=0.00

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 0.00 mean?
American Defense Systems (ADFS) has a Days Inventory of 0.00 as of Sep. 2012. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on American Defense Systems and its competitors.
Is American Defense Systems' Days Inventory too high?
American Defense Systems' current Days Inventory is 0.00.
How does American Defense Systems' Days Inventory compare to ASDN and MKRS?
American Defense Systems' Days Inventory of 0.00 can be compared against companies in the Aerospace & Defense industry. The industry median Days Inventory is 141.54. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for an Aerospace & Defense company?
The median Days Inventory among Aerospace & Defense companies is 141.54, based on 325 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on American Defense Systems and its competitors. For the Aerospace & Defense industry, the median Days Inventory is 141.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American Defense Systems's current Days Inventory is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Defense Systems stock overvalued right now?
American Defense Systems (ADFS) has a current Days Inventory of 0.00. The current Days Inventory is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For American Defense Systems (ADFS), the current Days Inventory is 0.00 as of Sep. 2012. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

American Defense Systems Business Description

Address 3440 Toringdon way, suite 205, Room 218, Charlotte, NC, USA, 28277
American Defense Systems Inc is a defense and security products company engaged in three business areas: customized transparent and opaque armor solutions; architectural hardening and perimeter defense and tactical training products and services. It serves US government agencies, general contractors and other commercial and private entities operating in high-threat locations.