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Alviva Holdings (JSE:AVV) Days Inventory : 43.82 (As of Jun. 2022)


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What is Alviva Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Alviva Holdings's Average Total Inventories for the six months ended in Jun. 2022 was R2,436 Mil. Alviva Holdings's Cost of Goods Sold for the six months ended in Jun. 2022 was R10,146 Mil. Hence, Alviva Holdings's Days Inventory for the six months ended in Jun. 2022 was 43.82.

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

JSE:AVV's Days Inventory is not ranked *
in the Software industry.
Industry Median: 19.5
* Ranked among companies with meaningful Days Inventory only.

Alviva Holdings's Days Inventory increased from Jun. 2021 (29.53) to Jun. 2022 (43.82). It might indicate that Alviva Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Alviva Holdings's Inventory Turnover for the six months ended in Jun. 2022 was 4.17.

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. Alviva Holdings's Inventory-to-Revenue for the six months ended in Jun. 2022 was 0.20.


Alviva Holdings Days Inventory Historical Data

The historical data trend for Alviva Holdings'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.

Alviva Holdings Days Inventory Chart

Alviva Holdings Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.82 24.82 33.41 35.17 32.30

Alviva Holdings Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 32.85 29.70 29.53 34.33 43.82

Competitive Comparison of Alviva Holdings's Days Inventory

For the Information Technology Services subindustry, Alviva Holdings'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.


Alviva Holdings's Days Inventory Distribution in the Software Industry

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

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



Alviva Holdings Days Inventory Calculation

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

Alviva Holdings's Days Inventory for the fiscal year that ended in Jun. 2022 is calculated as

Days Inventory (A: Jun. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2021 ) + Total Inventories (A: Jun. 2022 )) / count ) / Cost of Goods Sold (A: Jun. 2022 )*Days in Period
=( (1153.743 + 2363.802) / 2 ) / 19876.943*365
=1758.7725 / 19876.943*365
=32.30

Alviva Holdings's Days Inventory for the quarter that ended in Jun. 2022 is calculated as:

Days Inventory (Q: Jun. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2021 ) + Total Inventories (Q: Jun. 2022 )) / count ) / Cost of Goods Sold (Q: Jun. 2022 )*Days in Period
=( (2507.809 + 2363.802) / 2 ) / 10145.659*365 / 2
=2435.8055 / 10145.659*365 / 2
=43.82

* 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.


Alviva Holdings  (JSE:AVV) 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.

Alviva Holdings's Inventory Turnover for the six months ended in Jun. 2022 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.

Alviva Holdings's Inventory to Revenue for the six months ended in Jun. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=2435.8055 / 11947.385
=0.20

* 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.


Alviva Holdings Days Inventory Related Terms

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


Alviva Holdings (JSE:AVV) Business Description

Traded in Other Exchanges
N/A
Address
Corner of New Road and 6th Street, International business Gateway Park, P.O. Box 483, Halfway House, Midrand, Johannesburg, GT, ZAF, 1685
Alviva Holdings Ltd provides information technology and communication technology. The company's operating segment includes Information and Communication Technology (ICT) Distribution; Services and Solutions; Financial Services and Central Group Services. It generates maximum revenue from the ICT Distribution segment. ICT Distribution segment which imports ICT hardware and software and sells it into the sub-Saharan African markets. Geographically, it derives a majority of revenue from South Africa.

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