Abrasives Manufacturing Co (MUS:ABMI) Days Inventory: 0.00 (As of Mar. 2018)


What is Abrasives Manufacturing Co Days Inventory?

Abrasives Manufacturing Co MUS:ABMI Days Inventory is 0.00 as of Mar. 2018.

Days Inventory is also known as Days Sales of Inventory (DSI). Abrasives Manufacturing Co's Average Total Inventories for the three months ended in Mar. 2018 was ر.ع0.03 Mil. Abrasives Manufacturing Co's Cost of Goods Sold for the three months ended in Mar. 2018 was ر.ع0.00 Mil.

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

MUS:ABMI's Days Inventory is not ranked *
in the Industrial Products industry.
Industry Median: 119.47
* Ranked among companies with meaningful Days Inventory only.

Abrasives Manufacturing Co's Days Inventory stayed the same from Mar. 2017 (0.00) to Mar. 2018 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Abrasives Manufacturing Co's Inventory Turnover for the three months ended in Mar. 2018 was 0.00.

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.

Abrasives Manufacturing Co  (MUS:ABMI) 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.

Abrasives Manufacturing Co's Inventory Turnover for the three months ended in Mar. 2018 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0 / 0.0255
=0.00

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.

Abrasives Manufacturing Co's Inventory to Revenue for the three months ended in Mar. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.0255 / 0
=

* 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.

Abrasives Manufacturing Co Days Inventory Related Terms

Abrasives Manufacturing Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Abrasives Manufacturing Co'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.

Abrasives Manufacturing Co Days Inventory Chart

Abrasives Manufacturing Co Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 899.46 954.62 954.62 954.62 954.62

Abrasives Manufacturing Co Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 0.00 0.00 0.00 238.65 0.00

MUS:ABMI vs EVTN, THTI: Days Inventory Comparison

For the Specialty Industrial Machinery subindustry, Abrasives Manufacturing Co'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.

Abrasives Manufacturing Co Days Inventory vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Abrasives Manufacturing Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Abrasives Manufacturing Co's Days Inventory falls into.


Abrasives Manufacturing Co Days Inventory Calculation

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

Abrasives Manufacturing Co's Days Inventory for the fiscal year that ended in Dec. 2017 is calculated as

Days Inventory (A: Dec. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2016 ) + Total Inventories (A: Dec. 2017 )) / count ) / Cost of Goods Sold (A: Dec. 2017 )*Days in Period
=( (0.034 + 0.034) / 2 ) / 0.013*365
=0.034 / 0.013*365
=954.62

Abrasives Manufacturing Co's Days Inventory for the quarter that ended in Mar. 2018 is calculated as:

Days Inventory (Q: Mar. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2017 ) + Total Inventories (Q: Mar. 2018 )) / count ) / Cost of Goods Sold (Q: Mar. 2018 )*Days in Period
=( (0.034 + 0.017) / 2 ) / 0*365 / 4
=0.0255 / 0*365 / 4
=N/A

* 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 0.00 mean?
Abrasives Manufacturing Co (MUS:ABMI) has a Days Inventory of 0.00 as of Mar. 2018. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Abrasives Manufacturing Co and its competitors.
Is Abrasives Manufacturing Co's Days Inventory too high?
Abrasives Manufacturing Co's current Days Inventory is 0.00.
How does Abrasives Manufacturing Co's Days Inventory compare to EVTN and THTI?
Abrasives Manufacturing Co's Days Inventory of 0.00 can be compared against companies in the Industrial Products industry. The industry median Days Inventory is 119.47. 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 Industrial Products company?
The median Days Inventory among Industrial Products companies is 119.47, based on 2,967 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. 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 Abrasives Manufacturing Co and its competitors. For the Industrial Products industry, the median Days Inventory is 119.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Abrasives Manufacturing Co's current Days Inventory is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abrasives Manufacturing Co stock overvalued right now?
Abrasives Manufacturing Co (MUS:ABMI) has a current Days Inventory of 0.00. The current Days Inventory is 0.00. 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 Abrasives Manufacturing Co (MUS:ABMI), the current Days Inventory is 0.00 as of Mar. 2018. 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.

Abrasives Manufacturing Co Business Description

Address Rusayl Industrial Area, PO Box 96, Rusayl, OMN, 124
Abrasives Manufacturing Co is engaged in the manufacturing and trading of abrasive products. It manufactures abrasive made cutting wheels used in the engineering industries.