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Alpha Technologies Group (Alpha Technologies Group) Days Inventory : 49.28 (As of Jul. 2004)


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What is Alpha Technologies Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Alpha Technologies Group's Average Total Inventories for the three months ended in Jul. 2004 was $6.85 Mil. Alpha Technologies Group's Cost of Goods Sold for the three months ended in Jul. 2004 was $12.68 Mil. Hence, Alpha Technologies Group's Days Inventory for the three months ended in Jul. 2004 was 49.28.

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

AHAG's Days Inventory is not ranked *
in the Hardware industry.
Industry Median: 101.84
* Ranked among companies with meaningful Days Inventory only.

Alpha Technologies Group's Days Inventory declined from Jul. 2003 (56.76) to Jul. 2004 (49.28).

Inventory Turnover measures how fast the company turns over its inventory within a year. Alpha Technologies Group's Inventory Turnover for the three months ended in Jul. 2004 was 1.85.

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. Alpha Technologies Group's Inventory-to-Revenue for the three months ended in Jul. 2004 was 0.47.


Alpha Technologies Group Days Inventory Historical Data

The historical data trend for Alpha Technologies 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.

* Premium members only.

Alpha Technologies Group Days Inventory Chart

Alpha Technologies Group Annual Data
Trend Oct94 Oct95 Oct96 Oct97 Oct98 Oct99 Oct00 Oct01 Oct02 Oct03
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.78 58.07 47.31 60.27 61.85

Alpha Technologies Group Quarterly Data
Oct99 Jan00 Apr00 Jul00 Oct00 Jan01 Apr01 Jul01 Oct01 Jan02 Apr02 Jul02 Oct02 Jan03 Apr03 Jul03 Oct03 Jan04 Apr04 Jul04
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 56.76 56.51 55.60 48.92 49.28

Competitive Comparison of Alpha Technologies Group's Days Inventory

For the Electronic Components subindustry, Alpha Technologies 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.


Alpha Technologies Group's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Alpha Technologies Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Alpha Technologies Group's Days Inventory falls into.



Alpha Technologies Group Days Inventory Calculation

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

Alpha Technologies Group's Days Inventory for the fiscal year that ended in Oct. 2003 is calculated as

Days Inventory (A: Oct. 2003 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Oct. 2002 ) + Total Inventories (A: Oct. 2003 )) / count ) / Cost of Goods Sold (A: Oct. 2003 )*Days in Period
=( (7.585 + 6.553) / 2 ) / 41.715*365
=7.069 / 41.715*365
=61.85

Alpha Technologies Group's Days Inventory for the quarter that ended in Jul. 2004 is calculated as:

Days Inventory (Q: Jul. 2004 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Apr. 2004 ) + Total Inventories (Q: Jul. 2004 )) / count ) / Cost of Goods Sold (Q: Jul. 2004 )*Days in Period
=( (7.141 + 6.554) / 2 ) / 12.678*365 / 4
=6.8475 / 12.678*365 / 4
=49.28

* 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.


Alpha Technologies Group  (OTCPK:AHAG) 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.

Alpha Technologies Group's Inventory Turnover for the three months ended in Jul. 2004 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.

Alpha Technologies Group's Inventory to Revenue for the three months ended in Jul. 2004 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.


Alpha Technologies Group Days Inventory Related Terms

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


Alpha Technologies Group (Alpha Technologies Group) Business Description

Traded in Other Exchanges
N/A
Address
11990 San Vicente Blvd., Suite 350, Los Angeles, CA, USA, 90049
Alpha Technologies Group Inc designs and produces thermal-management products, which dissipate unwanted heat from electronic components.
Executives
Donald K Grierson director 8423 MIDNIGHT PASS ROAD, SARASOTA FL 34242

Alpha Technologies Group (Alpha Technologies Group) Headlines

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