Ajax Resources (AQSE:AJAX) Days Inventory: 0.00 (As of Aug. 2024)

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What is Ajax Resources Days Inventory?

Ajax Resources AQSE:AJAX Days Inventory is 0.00 as of Aug. 2024.

Days Inventory is also known as Days Sales of Inventory (DSI). Ajax Resources's Average Total Inventories for the six months ended in Aug. 2024 was £0.00 Mil. Ajax Resources's Cost of Goods Sold for the six months ended in Aug. 2024 was £0.00 Mil.

The historical rank and industry rank for Ajax Resources's Days Inventory or its related term are showing as below:

AQSE:AJAX's Days Inventory is not ranked *
in the Diversified Financial Services industry.
Industry Median: 70.815
* Ranked among companies with meaningful Days Inventory only.

Ajax Resources's Days Inventory stayed the same from Aug. 2023 (0.00) to Aug. 2024 (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.


Ajax Resources  (AQSE:AJAX) 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.

Ajax Resources's Inventory Turnover for the six months ended in Aug. 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.

Ajax Resources's Inventory to Revenue for the six months ended in Aug. 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.


Ajax Resources Days Inventory Related Terms


Ajax Resources Days Inventory Historical Data

* Premium members only.

The historical data trend for Ajax Resources'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.

Ajax Resources Days Inventory Chart

Ajax Resources Annual Data
Trend Feb22 Feb23 Feb24
Days Inventory
0.00 0.00 0.00

Ajax Resources Semi-Annual Data
Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
Days Inventory Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

AQSE:AJAX vs AGLY, CCCX, CEPF: Days Inventory Comparison

For the Shell Companies subindustry, Ajax Resources'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.


Ajax Resources Days Inventory vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Ajax Resources's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ajax Resources's Days Inventory falls into.



Ajax Resources Days Inventory Calculation

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

Ajax Resources's Days Inventory for the fiscal year that ended in Feb. 2024 is calculated as

Days Inventory (A: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Feb. 2023 ) + Total Inventories (A: Feb. 2024 )) / count ) / Cost of Goods Sold (A: Feb. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Ajax Resources's Days Inventory for the quarter that ended in Aug. 2024 is calculated as:

Days Inventory (Q: Aug. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Feb. 2024 ) + Total Inventories (Q: Aug. 2024 )) / count ) / Cost of Goods Sold (Q: Aug. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 2
=0 / 0*365 / 2
=N/A

* 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?
Ajax Resources (AQSE:AJAX) has a Days Inventory of 0.00 as of Aug. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Ajax Resources and its competitors.
Is Ajax Resources' Days Inventory too high?
Ajax Resources' current Days Inventory is 0.00.
How does Ajax Resources' Days Inventory compare to AGLY and CCCX?
Ajax Resources' Days Inventory of 0.00 can be compared against companies in the Diversified Financial Services industry. The industry median Days Inventory is 70.82. 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 Diversified Financial Services company?
The median Days Inventory among Diversified Financial Services companies is 70.82, based on 38 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 Ajax Resources and its competitors. For the Diversified Financial Services industry, the median Days Inventory is 70.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ajax Resources'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 Ajax Resources stock overvalued right now?
Ajax Resources (AQSE:AJAX) 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 Ajax Resources (AQSE:AJAX), the current Days Inventory is 0.00 as of Aug. 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.

Ajax Resources Business Description

Address London Wall, Salisbury House, London, GBR, EC2M 5PS
Ajax Resources PLC is focused on identifying, acquiring, and advancing assets with exposure to copper, gold, zinc, uranium, and lead.