AXBSF (Axios Mobile Assets) Days Inventory : 0.00 (As of Sep. 2016)

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What is Axios Mobile Assets Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Axios Mobile Assets's Average Total Inventories for the three months ended in Sep. 2016 was $0.00 Mil. Axios Mobile Assets's Cost of Goods Sold for the three months ended in Sep. 2016 was $0.98 Mil. Hence, Axios Mobile Assets's Days Inventory for the three months ended in Sep. 2016 was 0.00.

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

AXBSF's Days Inventory is not ranked ^*
in the Hardware industry.
Industry Median: 100.16
* Ranked among companies with meaningful Days Inventory only.

Axios Mobile Assets's Days Inventory declined from Sep. 2015 (26.31) to Sep. 2016 (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. Axios Mobile Assets's Inventory-to-Revenue for the three months ended in Sep. 2016 was 0.00.

Axios Mobile Assets Days Inventory Historical Data

The historical data trend for Axios Mobile Assets'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.

Axios Mobile Assets Days Inventory Chart

Axios Mobile Assets Annual Data

Trend

Sep08

Sep09

Sep10

Dec11

Dec12

Dec13

Dec14

Dec15

Days Inventory

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536.47

49.57

29.80

Axios Mobile Assets Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16
Days Inventory	Get a 7-Day Free Trial															26.31	11.95	-	-	-

Competitive Comparison of Axios Mobile Assets's Days Inventory

For the Communication Equipment subindustry, Axios Mobile Assets'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.

Axios Mobile Assets's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Axios Mobile Assets's Days Inventory distribution charts can be found below:

* The bar in red indicates where Axios Mobile Assets's Days Inventory falls into.

Axios Mobile Assets Days Inventory Calculation

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

Axios Mobile Assets's Days Inventory for the fiscal year that ended in Dec. 2015 is calculated as

	Days Inventory (A: Dec. 2015 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2014 )	+	Total Inventories (A: Dec. 2015 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2015 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	1.855	*	365
=	0					/	1.855	*	365
=	0.00

Axios Mobile Assets's Days Inventory for the quarter that ended in Sep. 2016 is calculated as:

	Days Inventory (Q: Sep. 2016 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2016 )	+	Total Inventories (Q: Sep. 2016 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2016 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.983	*	365 / 4
=	0					/	0.983	*	365 / 4
=	0.00

Axios Mobile Assets (OTCPK:AXBSF) 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.

Axios Mobile Assets's Inventory Turnover for the three months ended in Sep. 2016 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.983	/	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.

Axios Mobile Assets's Inventory to Revenue for the three months ended in Sep. 2016 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.713
	=	0.00

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.

Axios Mobile Assets Days Inventory Related Terms

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

Axios Mobile Assets Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Axios Mobile Assets Corp (OTCPK:AXBSF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Topflight Drive, Unit 7, Mississauga, ON, CAN, L5S 0A8

Website

http://www.axiosma.com

Axios Mobile Assets Corp is a Canada based logistics enabler featuring a next generation, bio-based pallet technology, which can be bundled with its proprietary cross-platform tracking and information system that helps improve the value chain in the logistics market. The company's bundled offering aims to provide lower total cost, lighter weight, sanitary pallets, and real-time data. Its segments are Pallet Rental which accounts for the majority revenues and Freight Services.

Axios Mobile Assets Headlines

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