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Ahlers AG (FRA:AAH) Days Inventory : 278.34 (As of May. 2023)


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What is Ahlers AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ahlers AG's Average Total Inventories for the six months ended in May. 2023 was €72.3 Mil. Ahlers AG's Cost of Goods Sold for the six months ended in May. 2023 was €47.4 Mil. Hence, Ahlers AG's Days Inventory for the six months ended in May. 2023 was 278.34.

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

FRA:AAH' s Days Inventory Range Over the Past 10 Years
Min: 211.05   Med: 240.03   Max: 315.26
Current: 245.7

During the past 13 years, Ahlers AG's highest Days Inventory was 315.26. The lowest was 211.05. And the median was 240.03.

FRA:AAH's Days Inventory is ranked worse than
81.18% of 1015 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.36 vs FRA:AAH: 245.70

Ahlers AG's Days Inventory increased from May. 2022 (217.63) to May. 2023 (278.34). It might indicate that Ahlers AG's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ahlers AG's Inventory Turnover for the six months ended in May. 2023 was 0.66.

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. Ahlers AG's Inventory-to-Revenue for the six months ended in May. 2023 was 0.82.


Ahlers AG Days Inventory Historical Data

The historical data trend for Ahlers AG'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.

Ahlers AG Days Inventory Chart

Ahlers AG Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 250.41 250.38 315.26 280.14 246.20

Ahlers AG Semi-Annual Data
Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23
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 384.07 229.47 217.63 229.48 278.34

Competitive Comparison of Ahlers AG's Days Inventory

For the Apparel Manufacturing subindustry, Ahlers AG'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.


Ahlers AG's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ahlers AG's Days Inventory distribution charts can be found below:

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



Ahlers AG Days Inventory Calculation

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

Ahlers AG's Days Inventory for the fiscal year that ended in Nov. 2022 is calculated as

Days Inventory (A: Nov. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Nov. 2021 ) + Total Inventories (A: Nov. 2022 )) / count ) / Cost of Goods Sold (A: Nov. 2022 )*Days in Period
=( (51.259 + 73.35) / 2 ) / 92.369*365
=62.3045 / 92.369*365
=246.20

Ahlers AG's Days Inventory for the quarter that ended in May. 2023 is calculated as:

Days Inventory (Q: May. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2022 ) + Total Inventories (Q: May. 2023 )) / count ) / Cost of Goods Sold (Q: May. 2023 )*Days in Period
=( (73.35 + 71.194) / 2 ) / 47.387*365 / 2
=72.272 / 47.387*365 / 2
=278.34

* 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.


Ahlers AG  (FRA:AAH) 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.

Ahlers AG's Inventory Turnover for the six months ended in May. 2023 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.

Ahlers AG's Inventory to Revenue for the six months ended in May. 2023 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.


Ahlers AG Days Inventory Related Terms

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


Ahlers AG (FRA:AAH) Business Description

Traded in Other Exchanges
Address
Elverdisser Strasse 313, Herford, NW, DEU, 32052
Ahlers AG is a manufacturer of men's apparel. Ahlers operates in two segments namely Premium brands and Jeans and Workwear. Its brand profile includes Otto Kern, Baldessarini, Pierre Cardin, Pioneer Jeans, and others. The firm has its geographical footprints in Germany, Western Europe, Central/ Eastern Europe, and others. It generates a majority of its revenue from the Premium Brands segment.

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