Alquiber Quality (XMAD:ALQ) Days Inventory : 14.56 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Alquiber Quality Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Alquiber Quality's Average Total Inventories for the six months ended in Dec. 2023 was €0.4 Mil. Alquiber Quality's Cost of Goods Sold for the six months ended in Dec. 2023 was €5.4 Mil. Hence, Alquiber Quality's Days Inventory for the six months ended in Dec. 2023 was 14.56.

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

XMAD:ALQ' s Days Inventory Range Over the Past 10 Years
Min: 16.56 Med: 18.43 Max: 25.33
Current: 16.56

During the past 7 years, Alquiber Quality's highest Days Inventory was 25.33. The lowest was 16.56. And the median was 18.43.

XMAD:ALQ's Days Inventory is ranked better than
60.9% of 670 companies
in the Business Services industry
Industry Median: 28.63 vs XMAD:ALQ: 16.56

Alquiber Quality's Days Inventory declined from Dec. 2022 (28.09) to Dec. 2023 (14.56).

Inventory Turnover measures how fast the company turns over its inventory within a year. Alquiber Quality's Inventory Turnover for the six months ended in Dec. 2023 was 12.54.

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. Alquiber Quality's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.01.

Alquiber Quality Days Inventory Historical Data

The historical data trend for Alquiber Quality'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.

Alquiber Quality Days Inventory Chart

Alquiber Quality Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

17.71

23.34

25.33

19.20

16.67

Alquiber Quality Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial								23.69	27.39	28.09	18.98	14.56

Competitive Comparison of Alquiber Quality's Days Inventory

For the Rental & Leasing Services subindustry, Alquiber Quality'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.

Alquiber Quality's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Alquiber Quality's Days Inventory distribution charts can be found below:

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

Alquiber Quality Days Inventory Calculation

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

Alquiber Quality'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
=	( (0.446	+	0.428)	/	2 )	/	9.567	*	365
=	0.437					/	9.567	*	365
=	16.67

Alquiber Quality's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.428	+	0.428)	/	2 )	/	5.365	*	365 / 2
=	0.428					/	5.365	*	365 / 2
=	14.56

Alquiber Quality (XMAD:ALQ) 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.

Alquiber Quality's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5.365	/	0.428
	=	12.54

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.

Alquiber Quality's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.428	/	66.68
	=	0.01

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.

Alquiber Quality Days Inventory Related Terms

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

Alquiber Quality Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Alquiber Quality SA (XMAD:ALQ) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Calle Almendro 6, Fuenlabrada, ESP, 28942

Website

https://www.alquiber.com.es

Alquiber Quality SA provides vehicles on rental basis. The company offers cars, trucks, vans, SUV's, and pick-ups vans.

Alquiber Quality Headlines

No Headlines