ABM Solid (WAR:ABM) Days Inventory : 55.07 (As of Mar. 2019)

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What is ABM Solid Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ABM Solid's Average Total Inventories for the three months ended in Mar. 2019 was zł5.35 Mil. ABM Solid's Cost of Goods Sold for the three months ended in Mar. 2019 was zł8.86 Mil. Hence, ABM Solid's Days Inventory for the three months ended in Mar. 2019 was 55.07.

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

WAR:ABM's Days Inventory is not ranked ^*
in the Construction industry.
Industry Median: 48.575
* Ranked among companies with meaningful Days Inventory only.

ABM Solid's Days Inventory declined from Mar. 2018 (74.92) to Mar. 2019 (55.07).

Inventory Turnover measures how fast the company turns over its inventory within a year. ABM Solid's Inventory Turnover for the three months ended in Mar. 2019 was 1.66.

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. ABM Solid's Inventory-to-Revenue for the three months ended in Mar. 2019 was 0.56.

ABM Solid Days Inventory Historical Data

The historical data trend for ABM Solid'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.

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ABM Solid Days Inventory Chart

ABM Solid Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Days Inventory

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74.85

67.34

60.53

38.39

48.18

ABM Solid Quarterly Data
	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19
Days Inventory	Get a 7-Day Free Trial															74.92	77.49	67.82	58.05	55.07

Competitive Comparison of ABM Solid's Days Inventory

For the Engineering & Construction subindustry, ABM Solid'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.

ABM Solid's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, ABM Solid's Days Inventory distribution charts can be found below:

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

ABM Solid Days Inventory Calculation

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

ABM Solid's Days Inventory for the fiscal year that ended in Dec. 2018 is calculated as

	Days Inventory (A: Dec. 2018 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2017 )	+	Total Inventories (A: Dec. 2018 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2018 )	*	Days in Period
=	( (6.534	+	6.019)	/	2 )	/	47.548	*	365
=	6.2765					/	47.548	*	365
=	48.18

ABM Solid's Days Inventory for the quarter that ended in Mar. 2019 is calculated as:

	Days Inventory (Q: Mar. 2019 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2018 )	+	Total Inventories (Q: Mar. 2019 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2019 )	*	Days in Period
=	( (6.019	+	4.676)	/	2 )	/	8.86	*	365 / 4
=	5.3475					/	8.86	*	365 / 4
=	55.07

ABM Solid (WAR:ABM) 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.

ABM Solid's Inventory Turnover for the three months ended in Mar. 2019 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	8.86	/	5.3475
	=	1.66

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.

ABM Solid's Inventory to Revenue for the three months ended in Mar. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	5.3475	/	9.471
	=	0.56

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.

ABM Solid Days Inventory Related Terms

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

ABM Solid (WAR:ABM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » ABM Solid SA (WAR:ABM) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

ul. Bartla 3, Tarnow, POL, 33-100

Website

http://www.abmsolid.com.pl

ABM Solid SA is a construction company, operating in all key construction segments. It provides services from designing to completion and commissioning of the constructed object.