Arion Group (Arion Group) Days Inventory : 91.25 (As of Oct. 2023)

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What is Arion Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Arion Group's Average Total Inventories for the three months ended in Oct. 2023 was $0.04 Mil. Arion Group's Cost of Goods Sold for the three months ended in Oct. 2023 was $0.04 Mil. Hence, Arion Group's Days Inventory for the three months ended in Oct. 2023 was 91.25.

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

ARGC' s Days Inventory Range Over the Past 10 Years
Min: 0 Med: 0 Max: 146
Current: 146

During the past 7 years, Arion Group's highest Days Inventory was 146.00. The lowest was 0.00. And the median was 0.00.

ARGC's Days Inventory is not ranked
in the Diversified Financial Services industry.
Industry Median: 66.975 vs ARGC: 146.00

Arion Group's Days Inventory increased from Oct. 2022 (0.00) to Oct. 2023 (91.25). It might indicate that Arion Group's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Arion Group's Inventory Turnover for the three months ended in Oct. 2023 was 1.00.

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. Arion Group's Inventory-to-Revenue for the three months ended in Oct. 2023 was 0.51.

Arion Group Days Inventory Historical Data

The historical data trend for Arion 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.

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Arion Group Days Inventory Chart

Arion Group Annual Data

Trend

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Days Inventory

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Arion Group Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Days Inventory	Get a 7-Day Free Trial															-	-	-	78.81	91.25

Competitive Comparison of Arion Group's Days Inventory

For the Shell Companies subindustry, Arion 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.

Arion Group's Days Inventory Distribution in the Diversified Financial Services Industry

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

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

Arion Group Days Inventory Calculation

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

Arion Group's Days Inventory for the fiscal year that ended in Jan. 2023 is calculated as

	Days Inventory (A: Jan. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jan. 2022 )	+	Total Inventories (A: Jan. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jan. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.013	*	365
=	0					/	0.013	*	365
=	0.00

Arion Group's Days Inventory for the quarter that ended in Oct. 2023 is calculated as:

	Days Inventory (Q: Oct. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jul. 2023 )	+	Total Inventories (Q: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Oct. 2023 )	*	Days in Period
=	( (0.038	+	0)	/	1 )	/	0.038	*	365 / 4
=	0.038					/	0.038	*	365 / 4
=	91.25

Arion Group (OTCPK:ARGC) 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.

Arion Group's Inventory Turnover for the three months ended in Oct. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.038	/	0.038
	=	1.00

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.

Arion Group's Inventory to Revenue for the three months ended in Oct. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.038	/	0.075
	=	0.51

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.

Arion Group Days Inventory Related Terms

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

Arion Group (Arion Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Arion Group Corp (OTCPK:ARGC) » Definitions » Days Inventory

Comparable Companies

LSE:DRV MIL:FTC OSTO:TRG HKSE:08173 HKSE:08501 TSE:4422 TSE:3719 OHEL:TRH1V IST:IDEAS TSE:6578

Traded in Other Exchanges

N/A

Address

11268 Rush Street, South El Monte, CA, USA, 91733

Website

Arion Group Corp is currently a start-up company exploring various manufacturing and distribution business opportunities in the dietary ingredient and nutritional supplement industry.

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