Days Inventory is also known as Days Sales of Inventory (DSI). AB Dynamics's Average Total Inventories for the
six
months ended in Feb. 2024 was £18.7 Mil. AB Dynamics's Cost of Goods Sold for the
six
months ended in Feb. 2024 was £21.8 Mil.
Hence, AB Dynamics's Days Inventory for the
six
months ended in Feb. 2024 was 156.71.
The historical rank and industry rank for AB Dynamics's Days Inventory or its related term are showing as below:
LSE:ABDP'
s Days Inventory Range Over the Past 10 Years
Min: 64.79 Med: 99.16 Max: 153.87
Current: 153.87
During the past 13 years, AB Dynamics's highest Days Inventory was 153.87. The lowest was 64.79. And the median was 99.16.
LSE:ABDP's Days Inventory is ranked worse than 84.2% of 1253
companies
in the Vehicles & Parts industry
Industry Median: 80.63
vs LSE:ABDP: 153.87
AB Dynamics's Days Inventory
increased
from Feb. 2023 (129.08) to Feb. 2024 (156.71).
It might indicate that AB Dynamics's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
AB Dynamics's Inventory Turnover for the
six
months ended in Feb. 2024 was 1.16.
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.
AB Dynamics's Inventory-to-Revenue for the
six
months ended in Feb. 2024 was 0.36.
AB Dynamics Days Inventory Historical Data
The historical data trend for AB Dynamics'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.
Competitive Comparison of AB Dynamics's Days Inventory
For the Auto Parts subindustry, AB Dynamics'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.
AB Dynamics's Days Inventory Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, AB Dynamics's Days Inventory distribution charts can be found below:
* The bar in red indicates where AB Dynamics's Days Inventory falls into.
AB Dynamics Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
AB Dynamics's Days Inventory for the fiscal year that ended in Aug. 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.
AB Dynamics (LSE:ABDP) 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.
AB Dynamics's Inventory Turnover for the
six
months ended in Feb. 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.
AB Dynamics's Inventory to Revenue for the
six
months ended in Feb. 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.
AB Dynamics Days Inventory Related Terms
Thank you for viewing the detailed overview of AB Dynamics's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
AB Dynamics PLC supplies measurement and testing equipment to the automotive industry. The principal activity of the Group is the design, manufacture, and supply of testing, simulation and measurement products for the global transport market. The Group derives the majority of revenue from Laboratory testing and simulation and includes Track testing. Geographically, key revenue is generated from Asia Pacific that includes the United Kingdom, the Rest of European, North America, and the Rest of the World.
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