GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Alabama Aircraft Industries Inc (OTCPK:AAIIQ) » Definitions » Days Inventory

Alabama Aircraft Industries (Alabama Aircraft Industries) Days Inventory : 33.62 (As of Dec. 2008)


View and export this data going back to 1987. Start your Free Trial

What is Alabama Aircraft Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Alabama Aircraft Industries's Average Total Inventories for the three months ended in Dec. 2008 was $4.72 Mil. Alabama Aircraft Industries's Cost of Goods Sold for the three months ended in Dec. 2008 was $12.80 Mil. Hence, Alabama Aircraft Industries's Days Inventory for the three months ended in Dec. 2008 was 33.62.

The historical rank and industry rank for Alabama Aircraft Industries's Days Inventory or its related term are showing as below:

AAIIQ's Days Inventory is not ranked *
in the Aerospace & Defense industry.
Industry Median: 148.84
* Ranked among companies with meaningful Days Inventory only.

Alabama Aircraft Industries's Days Inventory declined from Dec. 2007 (47.04) to Dec. 2008 (33.62).

Inventory Turnover measures how fast the company turns over its inventory within a year. Alabama Aircraft Industries's Inventory Turnover for the three months ended in Dec. 2008 was 2.71.

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. Alabama Aircraft Industries's Inventory-to-Revenue for the three months ended in Dec. 2008 was 0.32.


Alabama Aircraft Industries Days Inventory Historical Data

The historical data trend for Alabama Aircraft Industries'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.

Alabama Aircraft Industries Days Inventory Chart

Alabama Aircraft Industries Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.54 60.45 59.87 44.32 45.45

Alabama Aircraft Industries Quarterly Data
Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
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 47.04 39.67 53.48 61.89 33.62

Competitive Comparison of Alabama Aircraft Industries's Days Inventory

For the Aerospace & Defense subindustry, Alabama Aircraft Industries'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.


Alabama Aircraft Industries's Days Inventory Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Alabama Aircraft Industries's Days Inventory distribution charts can be found below:

* The bar in red indicates where Alabama Aircraft Industries's Days Inventory falls into.



Alabama Aircraft Industries Days Inventory Calculation

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

Alabama Aircraft Industries's Days Inventory for the fiscal year that ended in Dec. 2008 is calculated as

Days Inventory (A: Dec. 2008 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2007 ) + Total Inventories (A: Dec. 2008 )) / count ) / Cost of Goods Sold (A: Dec. 2008 )*Days in Period
=( (6.317 + 5.092) / 2 ) / 45.81*365
=5.7045 / 45.81*365
=45.45

Alabama Aircraft Industries's Days Inventory for the quarter that ended in Dec. 2008 is calculated as:

Days Inventory (Q: Dec. 2008 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2008 ) + Total Inventories (Q: Dec. 2008 )) / count ) / Cost of Goods Sold (Q: Dec. 2008 )*Days in Period
=( (4.339 + 5.092) / 2 ) / 12.797*365 / 4
=4.7155 / 12.797*365 / 4
=33.62

* 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.


Alabama Aircraft Industries  (OTCPK:AAIIQ) 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.

Alabama Aircraft Industries's Inventory Turnover for the three months ended in Dec. 2008 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.

Alabama Aircraft Industries's Inventory to Revenue for the three months ended in Dec. 2008 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.


Alabama Aircraft Industries Days Inventory Related Terms

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


Alabama Aircraft Industries (Alabama Aircraft Industries) Business Description

Traded in Other Exchanges
N/A
Address
1943 North 50th Street, Birmingham, AL, USA, 35212
Alabama Aircraft Industries Inc is an aerospace & defense company, which provides aircraft maintenance & modification services to the U.S. Government, including complete airframe inspection, maintenance, repair & custom airframe design & modification.
Executives
Hugh Steven Wilson director C/O TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Michael E Tennenbaum director C/O TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Robert Eugene Joyal director 352 WARDNER ROAD, WEST WINDSOR VT 05089
Tennenbaum Capital Partners Llc 10 percent owner 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Mark Holdsworth director 140 S. LAKE AVE., STE. 304, PASADENA CA 91101
Tennenbaum & Co Llc 10 percent owner 1999 AVENUE OF THE STARS, LOS ANGELES CA 90067-6100
Peter Thiel other: See Footnote (1) 9200 SUNSET BOULEVARD, SUITE 1110, WEST HOLLYWOOD CA 90069

Alabama Aircraft Industries (Alabama Aircraft Industries) Headlines

No Headlines