The historical rank and industry rank for Adacel Technologies's Days Inventory or its related term are showing as below:
AELTF's Days Inventory is not ranked *
in the Software industry.
Industry Median: 20.13 * Ranked among companies with meaningful Days Inventory only.
Adacel Technologies's Days Inventory
declined
from Jun. 2023 (49.95) to Jun. 2024 (40.07).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Adacel Technologies's Inventory Turnover for the
six
months ended in Jun. 2024 was 4.55.
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.
Adacel Technologies's Inventory-to-Revenue for the
six
months ended in Jun. 2024 was 0.07.
Adacel Technologies (OTCPK:AELTF) 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.
Adacel Technologies's Inventory Turnover for the
six
months ended in Jun. 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.
Adacel Technologies's Inventory to Revenue for the
six
months ended in Jun. 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.
Adacel Technologies Days Inventory Related Terms
Adacel Technologies Days Inventory Historical Data
* Premium members only.
The historical data trend for Adacel Technologies'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.
AELTF vs CURR, RDZN, YAAS: Days Inventory Comparison
For the Software - Application subindustry, Adacel Technologies'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.
Adacel Technologies Days Inventory vs Software Industry
For the Software industry and Technology sector, Adacel Technologies's Days Inventory distribution charts can be found below:
* The bar in red indicates where Adacel Technologies's Days Inventory falls into.
* 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.
Adacel Technologies (AELTF) has a Days Inventory of 40.07 as of Jun. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Adacel Technologies and its competitors.
Is Adacel Technologies' Days Inventory too high?
Adacel Technologies' current Days Inventory is 40.07. The Software industry median Days Inventory is 20.13. Adacel Technologies' value of 40.07 is 99.1% above this industry median. Overall, Adacel Technologies has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Adacel Technologies' Days Inventory compare to CURR and RDZN?
Adacel Technologies' Days Inventory of 40.07 can be compared against companies in the Software industry. The industry median Days Inventory is 20.13. Adacel Technologies' value of 40.07 is 99.1% above this benchmark. 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 a Software company?
The median Days Inventory among Software companies is 20.13, based on 1,647 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. Adacel Technologies's current Days Inventory of 40.07 is 99.1% above the industry median. 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 Adacel Technologies and its competitors. For the Software industry, the median Days Inventory is 20.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adacel Technologies's current Days Inventory is 40.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adacel Technologies stock overvalued right now?
Adacel Technologies (AELTF) has a current Days Inventory of 40.07. The current Days Inventory is 40.07 and 99.1% above the Software industry median of 20.13. Adacel Technologies' overall GF Score™ is 12/100. 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 Adacel Technologies (AELTF), the current Days Inventory is 40.07 as of Jun. 2024. 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.
Adacel Technologies Ltd develops and sells simulation and control systems. The company's operating segment includes Systems and Services. It generates maximum revenue from the Services segment. The Services segment includes software maintenance and all aspects of system support, field services, and on-site technical services. Its Systems segment includes operational air traffic management as well as simulation and training applications. Geographically, it derives a majority of its revenue from Canada and also has a presence in the USA Estonia and Australia.
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