Altron (FRA:RY7A) Days Inventory : 38.75 (As of Aug. 2024)

Altron Days Inventory Chart

Altron Annual Data
	Trend	Feb15	Feb16	Feb17	Feb18	Feb19	Feb20	Feb21	Feb22	Feb23	Feb24
Days Inventory		Get a 7-Day Free Trial					66.93	61.79	47.30	52.91	48.14

Altron Semi-Annual Data
	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
Days Inventory	Get a 7-Day Free Trial															51.89	55.01	37.99	49.86	38.75

Competitive Comparison of Altron's Days Inventory

For the Information Technology Services subindustry, Altron'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.

Altron's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Altron's Days Inventory distribution charts can be found below:

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

Altron Days Inventory Calculation

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

Altron's Days Inventory for the fiscal year that ended in Feb. 2024 is calculated as

Altron's Days Inventory for the quarter that ended in Aug. 2024 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.

Altron  (FRA:RY7A) 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.

Altron's Inventory Turnover for the six months ended in Aug. 2024 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.

Altron's Inventory to Revenue for the six months ended in Aug. 2024 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.

Altron Days Inventory Related Terms

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Altron Business Description