ATH Resources (LSE:5154) Days Inventory: 42.36 (As of Mar. 2012)


What is ATH Resources Days Inventory?

ATH Resources LSE:5154 Days Inventory is 42.36 as of Mar. 2012.

Days Inventory is also known as Days Sales of Inventory (DSI). ATH Resources's Average Total Inventories for the six months ended in Mar. 2012 was £9.98 Mil. ATH Resources's Cost of Goods Sold for the six months ended in Mar. 2012 was £42.99 Mil. Hence, ATH Resources's Days Inventory for the six months ended in Mar. 2012 was 42.36.

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

LSE:5154's Days Inventory is not ranked *
in the Oil & Gas industry.
Industry Median: 30.99
* Ranked among companies with meaningful Days Inventory only.

ATH Resources's Days Inventory declined from Mar. 2011 (72.87) to Mar. 2012 (42.36).

Inventory Turnover measures how fast the company turns over its inventory within a year. ATH Resources's Inventory Turnover for the six months ended in Mar. 2012 was 4.31.

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. ATH Resources's Inventory-to-Revenue for the six months ended in Mar. 2012 was 0.22.

ATH Resources  (LSE:5154) 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.

ATH Resources's Inventory Turnover for the six months ended in Mar. 2012 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=42.986 / 9.9785
=4.31

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.

ATH Resources's Inventory to Revenue for the six months ended in Mar. 2012 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=9.9785 / 44.639
=0.22

* 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.

ATH Resources Days Inventory Related Terms

ATH Resources Days Inventory Historical Data

* Premium members only.

The historical data trend for ATH Resources'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.

ATH Resources Days Inventory Chart

ATH Resources Annual Data
Trend Sep04 Sep05 Sep06 Sep07 Sep08 Sep09 Sep10
Days Inventory
Get a 7-Day Free Trial 54.27 52.23 74.94 85.17 72.14

ATH Resources Semi-Annual Data
Mar04 Sep04 Mar06 Sep06 Mar07 Sep07 Mar08 Sep08 Mar09 Sep09 Mar10 Sep10 Mar11 Sep11 Mar12
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 82.93 74.27 72.87 39.73 42.36

ATH Resources Days Inventory Competitor Comparison

For the Oil & Gas Drilling subindustry, ATH Resources'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.

ATH Resources Days Inventory vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, ATH Resources's Days Inventory distribution charts can be found below:

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


ATH Resources Days Inventory Calculation

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

ATH Resources's Days Inventory for the fiscal year that ended in Sep. 2010 is calculated as

Days Inventory (A: Sep. 2010 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2009 ) + Total Inventories (A: Sep. 2010 )) / count ) / Cost of Goods Sold (A: Sep. 2010 )*Days in Period
=( (12.79 + 11.925) / 2 ) / 62.52*365
=12.3575 / 62.52*365
=72.14

ATH Resources's Days Inventory for the quarter that ended in Mar. 2012 is calculated as:

Days Inventory (Q: Mar. 2012 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2011 ) + Total Inventories (Q: Mar. 2012 )) / count ) / Cost of Goods Sold (Q: Mar. 2012 )*Days in Period
=( (11.463 + 8.494) / 2 ) / 42.986*365 / 2
=9.9785 / 42.986*365 / 2
=42.36

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 42.36 mean?
ATH Resources (LSE:5154) has a Days Inventory of 42.36 as of Mar. 2012. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on ATH Resources and its competitors.
Is ATH Resources' Days Inventory too high?
ATH Resources' current Days Inventory is 42.36. The Oil & Gas industry median Days Inventory is 30.99. ATH Resources' value of 42.36 is 36.7% above this industry median.
How does ATH Resources' Days Inventory compare to competitors?
ATH Resources' Days Inventory of 42.36 can be compared against companies in the Oil & Gas industry. The industry median Days Inventory is 30.99. ATH Resources' value of 42.36 is 36.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for an Oil & Gas company?
The median Days Inventory among Oil & Gas companies is 30.99, based on 685 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ATH Resources's current Days Inventory of 42.36 is 36.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on ATH Resources and its competitors. For the Oil & Gas industry, the median Days Inventory is 30.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ATH Resources's current Days Inventory is 42.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ATH Resources stock overvalued right now?
ATH Resources (LSE:5154) has a current Days Inventory of 42.36. The current Days Inventory is 42.36 and 36.7% above the Oil & Gas industry median of 30.99. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For ATH Resources (LSE:5154), the current Days Inventory is 42.36 as of Mar. 2012. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.