Aerodrome Group (XTAE:ARDM) Days Inventory : 27.51 (As of Dec. 2024)

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What is Aerodrome Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aerodrome Group's Average Total Inventories for the six months ended in Dec. 2024 was ₪1.40 Mil. Aerodrome Group's Cost of Goods Sold for the six months ended in Dec. 2024 was ₪9.25 Mil. Hence, Aerodrome Group's Days Inventory for the six months ended in Dec. 2024 was 27.51.

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

XTAE:ARDM' s Days Inventory Range Over the Past 10 Years
Min: 0 Med: 0 Max: 37.83
Current: 37.83

During the past 12 years, Aerodrome Group's highest Days Inventory was 37.83. The lowest was 0.00. And the median was 0.00.

XTAE:ARDM's Days Inventory is ranked worse than
81.6% of 163 companies
in the Education industry
Industry Median: 7.97 vs XTAE:ARDM: 37.83

Aerodrome Group's Days Inventory increased from Dec. 2023 (0.00) to Dec. 2024 (27.51). It might indicate that Aerodrome Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aerodrome Group's Inventory Turnover for the six months ended in Dec. 2024 was 6.63.

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. Aerodrome Group's Inventory-to-Revenue for the six months ended in Dec. 2024 was 0.18.

Aerodrome Group Days Inventory Historical Data

The historical data trend for Aerodrome 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.

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Aerodrome Group Days Inventory Chart

Aerodrome Group Annual Data

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Days Inventory

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Aerodrome Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Inventory	Get a 7-Day Free Trial															-	-	-	60.53	27.51

Competitive Comparison of Aerodrome Group's Days Inventory

For the Education & Training Services subindustry, Aerodrome 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.

Aerodrome Group's Days Inventory Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Aerodrome Group's Days Inventory distribution charts can be found below:

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

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Aerodrome Group Days Inventory Calculation

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

Aerodrome Group's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

	Days Inventory (A: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	13.46	*	365
=	0					/	13.46	*	365
=	0.00

Aerodrome Group's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (1.395	+	0)	/	1 )	/	9.254	*	365 / 2
=	1.395					/	9.254	*	365 / 2
=	27.51

Aerodrome Group (XTAE:ARDM) 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.

Aerodrome Group's Inventory Turnover for the six months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	9.254	/	1.395
	=	6.63

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.

Aerodrome Group's Inventory to Revenue for the six months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.395	/	7.824
	=	0.18

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.

Aerodrome Group Days Inventory Related Terms

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Aerodrome Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Aerodrome Group Ltd (XTAE:ARDM) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

10th Amal Street, Afek Industrial Park, Rosh Haayin, ISR, 94158

Website

https://www.aerodrome-ops.com

Aerodrome Group Ltd is a provider of UAS services and solutions. Its UAS operations include UAS Piloting, UAS External Pilot Training, UAS Pilot In Command (PIC) Training, UAS Payload Operator Training, Advanced Mission Training. The company provides four different courses running in parallel; PIC training, O-Level training, external pilot training, and payload operator training. It provides a full envelope of services for defense industries and organizations that wish to use unmanned systems.

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