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Aterian (MEX:ATER) Days Inventory : 147.51 (As of Sep. 2024)


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What is Aterian Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aterian's Average Total Inventories for the three months ended in Sep. 2024 was MXN331 Mil. Aterian's Cost of Goods Sold for the three months ended in Sep. 2024 was MXN205 Mil. Hence, Aterian's Days Inventory for the three months ended in Sep. 2024 was 147.51.

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

MEX:ATER' s Days Inventory Range Over the Past 10 Years
Min: 122.55   Med: 168.39   Max: 329.7
Current: 172.44

During the past 7 years, Aterian's highest Days Inventory was 329.70. The lowest was 122.55. And the median was 168.39.

MEX:ATER's Days Inventory is ranked worse than
81.2% of 415 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 102.4 vs MEX:ATER: 172.44

Aterian's Days Inventory declined from Sep. 2023 (153.55) to Sep. 2024 (147.51).

Inventory Turnover measures how fast the company turns over its inventory within a year. Aterian's Inventory Turnover for the three months ended in Sep. 2024 was 0.62.

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. Aterian's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.64.


Aterian Days Inventory Historical Data

The historical data trend for Aterian'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.

Aterian Days Inventory Chart

Aterian Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 178.84 119.15 135.78 173.59 178.11

Aterian Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 153.55 149.88 254.96 144.59 147.51

Competitive Comparison of Aterian's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Aterian'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.


Aterian's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Aterian's Days Inventory distribution charts can be found below:

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



Aterian Days Inventory Calculation

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

Aterian's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (851.312 + 346.105) / 2 ) / 1226.916*365
=598.7085 / 1226.916*365
=178.11

Aterian's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (336.687 + 326.091) / 2 ) / 204.996*365 / 4
=331.389 / 204.996*365 / 4
=147.51

* 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.


Aterian  (MEX:ATER) 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.

Aterian's Inventory Turnover for the three months ended in Sep. 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.

Aterian's Inventory to Revenue for the three months ended in Sep. 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.


Aterian Days Inventory Related Terms

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


Aterian Business Description

Traded in Other Exchanges
Address
350 Springfield Avenue, Suite 200, Summit, NJ, USA, 07901
Aterian Inc is a technology-enabled consumer products company. Its product categories include home and kitchen appliances, kitchenware, environmental appliances (dehumidifiers and air conditioners), beauty-related products and, consumer electronics. It has various owned and operated brands including Vremi, Healing Solutions, Xtava, TRUWEO, Spiralize, Pohl+Schmitt, and RIF6. The company generates revenue through the online sales of various consumer products that are sold online.