ARAO (AuraSource) Days Inventory: 0.00 (As of Sep. 2023)

What is AuraSource Days Inventory?

AuraSource ARAO Days Inventory is 0.00 as of Sep. 2023.

Days Inventory is also known as Days Sales of Inventory (DSI). AuraSource's Average Total Inventories for the three months ended in Sep. 2023 was $0.00 Mil. AuraSource's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.00 Mil.

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

ARAO's Days Inventory is not ranked ^*
in the Utilities - Regulated industry.
Industry Median: 22.52
* Ranked among companies with meaningful Days Inventory only.

AuraSource's Days Inventory stayed the same from Sep. 2022 (0.00) to Sep. 2023 (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.

AuraSource (OTCPK:ARAO) 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.

AuraSource's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

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

AuraSource's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

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

* 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.

AuraSource Days Inventory Related Terms

AuraSource Days Inventory Historical Data

* Premium members only.

The historical data trend for AuraSource's Days Inventory can be seen below:

AuraSource Days Inventory Chart

AuraSource Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

Get a 7-Day Free Trial

0.00

AuraSource Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Inventory	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

ARAO vs SRE: Days Inventory Comparison

For the Utilities - Diversified subindustry, AuraSource'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.

AuraSource Days Inventory vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, AuraSource's Days Inventory distribution charts can be found below:

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

Save Embed

AuraSource Days Inventory Calculation

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

AuraSource's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.093	*	365
=	0					/	0.093	*	365
=	0.00

AuraSource's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 4
=	0					/	0	*	365 / 4
=	N/A

Frequently Asked Questions Learn more about Days Inventory →

What does a Days Inventory of 0.00 mean?

AuraSource (ARAO) has a Days Inventory of 0.00 as of Sep. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on AuraSource and its competitors.

Is AuraSource's Days Inventory too high?

AuraSource's current Days Inventory is 0.00.

How does AuraSource's Days Inventory compare to SRE?

AuraSource's Days Inventory of 0.00 can be compared against companies in the Utilities - Regulated industry. The industry median Days Inventory is 22.52. 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 Utilities - Regulated company?

The median Days Inventory among Utilities - Regulated companies is 22.52, based on 450 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 AuraSource and its competitors. For the Utilities - Regulated industry, the median Days Inventory is 22.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AuraSource'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 AuraSource stock overvalued right now?

AuraSource (ARAO) 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 AuraSource (ARAO), the current Days Inventory is 0.00 as of Sep. 2023. 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.

AuraSource Business Description

Industry Utilities Utilities - Regulated

Comparable Companies TSE:8795 TSE:8766 TSE:7181 TSE:8750 TSE:9679 TSE:7326 TSE:8715 TSE:5843 TSE:7157 TSE:8630 SAU:2082 ADX:TAQA XMAD:IBE MIL:ENEL SRE XPAR:ENGI XTER:EOAN DFM:DEWA XTER:RWE LSE:SSE

Address 2103 E. Cedar Street, Suite 6, Tempe, AZ, USA, 8281

Website https://www.aurasourceinc.com

AuraSource Inc is an energy-producing company. The business activity of the firm is operated through two divisions: AuraMetal and AuraMoto. The AuraMetal is focused on the development and production of environmentally friendly and cost-effective beneficiation process for complex ore, tailings, and slimes materials as industrial application solutions. AuraSource's core technology includes physical separation, hydrometallurgical and pyrometallurgy processes. AuraMoto is focused on sourcing various vendors and customers in the automotive industry.