Days Inventory is also known as Days Sales of Inventory (DSI). Aecon Group's Average Total Inventories for the
three
months ended in Mar. 2024 was $17 Mil. Aecon Group's Cost of Goods Sold for the
three
months ended in Mar. 2024 was $579 Mil.
Hence, Aecon Group's Days Inventory for the
three
months ended in Mar. 2024 was 2.66.
The historical rank and industry rank for Aecon Group's Days Inventory or its related term are showing as below:
AEGXF'
s Days Inventory Range Over the Past 10 Years
Min: 2.35 Med: 2.72 Max: 4.67
Current: 2.35
During the past 13 years, Aecon Group's highest Days Inventory was 4.67. The lowest was 2.35. And the median was 2.72.
AEGXF's Days Inventory is ranked better than 91.46% of 1393
companies
in the Construction industry
Industry Median: 48.64
vs AEGXF: 2.35
Aecon Group's Days Inventory
declined
from Mar. 2023 (2.85) to Mar. 2024 (2.66).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Aecon Group's Inventory Turnover for the
three
months ended in Mar. 2024 was 34.30.
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.
Aecon Group's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.03.
Aecon Group Days Inventory Historical Data
The historical data trend for Aecon 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.
Competitive Comparison of Aecon Group's Days Inventory
For the Engineering & Construction subindustry, Aecon 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.
Aecon Group's Days Inventory Distribution in the Construction Industry
For the Construction industry and Industrials sector, Aecon Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where Aecon Group's Days Inventory falls into.
Aecon Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Aecon Group's Days Inventory for the fiscal year that ended in Dec. 2023 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.
Aecon Group (OTCPK:AEGXF) 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.
Aecon Group's Inventory Turnover for the
three
months ended in Mar. 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.
Aecon Group's Inventory to Revenue for the
three
months ended in Mar. 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.
Aecon Group Days Inventory Related Terms
Thank you for viewing the detailed overview of Aecon Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Aecon Group Inc is a Canada-based company that operates in two segments: Construction and Concessions. The Construction segment includes various aspects of the construction of public and private infrastructure projects, mainly in the transportation sector. Its concessions segment is engaged in the development, financing, construction, and operation of infrastructure projects. The company generates the majority of its revenue from the Construction segment.
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