Avanta Serviced Office Group (LSE:ASOA) Days Inventory: 0.54 (As of Jun. 2014) — 89% Below Median


What is Avanta Serviced Office Group Days Inventory?

Avanta Serviced Office Group LSE:ASOA Days Inventory is 0.54 as of Jun. 2014, which is 89% below its 10-year median of 4.81. The stock has 3 warning signs investors should review.

Days Inventory is also known as Days Sales of Inventory (DSI). Avanta Serviced Office Group's Average Total Inventories for the six months ended in Jun. 2014 was £0.07 Mil. Avanta Serviced Office Group's Cost of Goods Sold for the six months ended in Jun. 2014 was £24.98 Mil. Hence, Avanta Serviced Office Group's Days Inventory for the six months ended in Jun. 2014 was 0.54.

The historical rank and industry rank for Avanta Serviced Office Group's Days Inventory or its related term are showing as below:

LSE:ASOA' s Days Inventory Range Over the Past 10 Years
Min: 0.84   Med: 4.81   Max: 7.09
Current: 0.84

During the past 13 years, Avanta Serviced Office Group's highest Days Inventory was 7.09. The lowest was 0.84. And the median was 4.81.

LSE:ASOA's Days Inventory is not ranked
in the Asset Management industry.
Industry Median: 80.72 vs LSE:ASOA: 0.84

Avanta Serviced Office Group's Days Inventory declined from Jun. 2013 (4.34) to Jun. 2014 (0.54).

Inventory Turnover measures how fast the company turns over its inventory within a year. Avanta Serviced Office Group's Inventory Turnover for the six months ended in Jun. 2014 was 337.55.

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. Avanta Serviced Office Group's Inventory-to-Revenue for the six months ended in Jun. 2014 was 0.00.

Avanta Serviced Office Group  (LSE:ASOA) 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.

Avanta Serviced Office Group's Inventory Turnover for the six months ended in Jun. 2014 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=24.979 / 0.074
=337.55

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.

Avanta Serviced Office Group's Inventory to Revenue for the six months ended in Jun. 2014 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.074 / 29.662
=0.00

* 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.

Avanta Serviced Office Group Days Inventory Related Terms

Avanta Serviced Office Group Days Inventory Historical Data

* Premium members only.

The historical data trend for Avanta Serviced Office Group'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.

Avanta Serviced Office Group Days Inventory Chart

Avanta Serviced Office Group Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.40 3.30 4.07 6.63 1.42

Avanta Serviced Office Group Semi-Annual Data
Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
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 5.17 9.91 4.34 1.06 0.54

LSE:ASOA vs AINC, HCAP, OCCAF: Days Inventory Comparison

For the Asset Management subindustry, Avanta Serviced Office Group'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.

Avanta Serviced Office Group Days Inventory vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Avanta Serviced Office Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Avanta Serviced Office Group's Days Inventory falls into.


Avanta Serviced Office Group Days Inventory Calculation

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

Avanta Serviced Office Group's Days Inventory for the fiscal year that ended in Dec. 2013 is calculated as

Days Inventory (A: Dec. 2013 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2012 ) + Total Inventories (A: Dec. 2013 )) / count ) / Cost of Goods Sold (A: Dec. 2013 )*Days in Period
=( (0.134 + 0.074) / 2 ) / 26.671*365
=0.104 / 26.671*365
=1.42

Avanta Serviced Office Group's Days Inventory for the quarter that ended in Jun. 2014 is calculated as:

Days Inventory (Q: Jun. 2014 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2013 ) + Total Inventories (Q: Jun. 2014 )) / count ) / Cost of Goods Sold (Q: Jun. 2014 )*Days in Period
=( (0.074 + 0.074) / 2 ) / 24.979*365 / 2
=0.074 / 24.979*365 / 2
=0.54

* 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 0.54 mean?
Avanta Serviced Office Group (LSE:ASOA) has a Days Inventory of 0.54 as of Jun. 2014. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Avanta Serviced Office Group and its competitors. This is 89% below median its historical median of 4.81. Over the past decade, Avanta Serviced Office Group's Days Inventory has ranged from 0.84 to 7.09.
Is Avanta Serviced Office Group's Days Inventory too high?
Avanta Serviced Office Group's current Days Inventory of 0.54 is 89% below median its 10-year median of 4.81. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 7.09. The Asset Management industry median Days Inventory is 80.72. Avanta Serviced Office Group's value of 0.54 is 99.3% below this industry median.
How does Avanta Serviced Office Group's Days Inventory compare to AINC and HCAP?
Avanta Serviced Office Group's Days Inventory of 0.54 can be compared against companies in the Asset Management industry. The industry median Days Inventory is 80.72. Avanta Serviced Office Group's value of 0.54 is 99.3% below this benchmark. Historically, Avanta Serviced Office Group's own Days Inventory has ranged from 0.84 to 7.09 over the past decade. While the company's 10-year median is 4.81 vs. the industry median of 80.72, Avanta Serviced Office Group has consistently been below the industry average. 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 Asset Management company?
The median Days Inventory among Asset Management companies is 80.72, based on 167 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. Avanta Serviced Office Group's current Days Inventory of 0.54 is 99.3% below 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 Avanta Serviced Office Group and its competitors. For the Asset Management industry, the median Days Inventory is 80.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avanta Serviced Office Group's current Days Inventory is 0.54, which is 89% below median its own 10-year median of 4.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avanta Serviced Office Group stock overvalued right now?
Avanta Serviced Office Group (LSE:ASOA) has a current Days Inventory of 0.54. The current Days Inventory is 0.54, which is 89% below median its 10-year median of 4.81 and 99.3% below the Asset Management industry median of 80.72. 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 Avanta Serviced Office Group (LSE:ASOA), the current Days Inventory is 0.54 as of Jun. 2014. 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.

Avanta Serviced Office Group Business Description

Serviced Office Group PLC is engaged in the ownership and operation of serviced office accommodation. Its reportable segments are Serviced office business and Managed serviced offices. Serviced office business undertaken in the group's freehold and leasehold properties; and Managed serviced office business undertaken under management contracts on behalf of third parties. The Group operates solely from the UK.