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Avidus Management Group (Avidus Management Group) Days Inventory : 47.01 (As of Sep. 2015)


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What is Avidus Management Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Avidus Management Group's Average Total Inventories for the three months ended in Sep. 2015 was $0.32 Mil. Avidus Management Group's Cost of Goods Sold for the three months ended in Sep. 2015 was $0.63 Mil. Hence, Avidus Management Group's Days Inventory for the three months ended in Sep. 2015 was 47.01.

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

ASNHF's Days Inventory is not ranked *
in the Biotechnology industry.
Industry Median: 192.63
* Ranked among companies with meaningful Days Inventory only.

Avidus Management Group's Days Inventory declined from Sep. 2014 (54.52) to Sep. 2015 (47.01).

Inventory Turnover measures how fast the company turns over its inventory within a year. Avidus Management Group's Inventory Turnover for the three months ended in Sep. 2015 was 1.94.

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. Avidus Management Group's Inventory-to-Revenue for the three months ended in Sep. 2015 was 0.44.


Avidus Management Group Days Inventory Historical Data

The historical data trend for Avidus Management 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.

Avidus Management Group Days Inventory Chart

Avidus Management Group Annual Data
Trend Oct08 Oct09 Oct10 Dec11 Dec12 Dec13 Dec14
Days Inventory
Get a 7-Day Free Trial - 14.77 10.52 17.23 24.30

Avidus Management Group Quarterly Data
Oct10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 54.52 63.01 38.17 48.74 47.01

Competitive Comparison of Avidus Management Group's Days Inventory

For the Biotechnology subindustry, Avidus Management 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.


Avidus Management Group's Days Inventory Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Avidus Management Group's Days Inventory distribution charts can be found below:

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



Avidus Management Group Days Inventory Calculation

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

Avidus Management Group's Days Inventory for the fiscal year that ended in Dec. 2014 is calculated as

Days Inventory (A: Dec. 2014 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2013 ) + Total Inventories (A: Dec. 2014 )) / count ) / Cost of Goods Sold (A: Dec. 2014 )*Days in Period
=( (0.091 + 0.316) / 2 ) / 3.057*365
=0.2035 / 3.057*365
=24.30

Avidus Management Group's Days Inventory for the quarter that ended in Sep. 2015 is calculated as:

Days Inventory (Q: Sep. 2015 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2015 ) + Total Inventories (Q: Sep. 2015 )) / count ) / Cost of Goods Sold (Q: Sep. 2015 )*Days in Period
=( (0.291 + 0.355) / 2 ) / 0.627*365 / 4
=0.323 / 0.627*365 / 4
=47.01

* 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.


Avidus Management Group  (OTCPK:ASNHF) 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.

Avidus Management Group's Inventory Turnover for the three months ended in Sep. 2015 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.

Avidus Management Group's Inventory to Revenue for the three months ended in Sep. 2015 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.


Avidus Management Group Days Inventory Related Terms

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Avidus Management Group (Avidus Management Group) Business Description

Traded in Other Exchanges
N/A
Address
10153 East Hampton Avenue, Suite 101, Mesa, AZ, USA, 85209
Avidus Management Group Inc is a Canada based marketer and distributor of nutraceutical products. It is principally engaged in the sales of nutraceuticals and health aids to retail vendors and to individuals or businesses. The company sells its products in the United States and Canada, of which majority of the revenue is generated from the United States.

Avidus Management Group (Avidus Management Group) Headlines

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