Anaergia (Anaergia) Days Inventory : 28.32 (As of Sep. 2023)

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What is Anaergia Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Anaergia's Average Total Inventories for the three months ended in Sep. 2023 was $6.1 Mil. Anaergia's Cost of Goods Sold for the three months ended in Sep. 2023 was $19.7 Mil. Hence, Anaergia's Days Inventory for the three months ended in Sep. 2023 was 28.32.

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

ANRGF' s Days Inventory Range Over the Past 10 Years
Min: 21.17 Med: 32.42 Max: 61.46
Current: 22.94

During the past 5 years, Anaergia's highest Days Inventory was 61.46. The lowest was 21.17. And the median was 32.42.

ANRGF's Days Inventory is ranked better than
51.18% of 211 companies
in the Waste Management industry
Industry Median: 23.54 vs ANRGF: 22.94

Anaergia's Days Inventory increased from Sep. 2022 (18.72) to Sep. 2023 (28.32). It might indicate that Anaergia's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Anaergia's Inventory Turnover for the three months ended in Sep. 2023 was 3.22.

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. Anaergia's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.24.

Anaergia Days Inventory Historical Data

The historical data trend for Anaergia'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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Anaergia Days Inventory Chart

Anaergia Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

61.47

38.00

26.25

21.63

Anaergia Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Inventory	Get a 7-Day Free Trial												18.72	22.81	24.80	18.41	28.32

Competitive Comparison of Anaergia's Days Inventory

For the Waste Management subindustry, Anaergia'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.

Anaergia's Days Inventory Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Anaergia's Days Inventory distribution charts can be found below:

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

Anaergia Days Inventory Calculation

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

Anaergia's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (4.304	+	7.411)	/	2 )	/	98.827	*	365
=	5.8575					/	98.827	*	365
=	21.63

Anaergia's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (5.864	+	6.339)	/	2 )	/	19.662	*	365 / 4
=	6.1015					/	19.662	*	365 / 4
=	28.32

Anaergia (OTCPK:ANRGF) 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.

Anaergia's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	19.662	/	6.1015
	=	3.22

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.

Anaergia's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6.1015	/	25.092
	=	0.24

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.

Anaergia Days Inventory Related Terms

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Anaergia (Anaergia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Anaergia Inc (OTCPK:ANRGF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

ANRG:Canada

Address

4210 South Service Road, Burlington, ON, CAN, L7L 4X5

Website

https://www.anaergia.com

Anaergia Inc is engaged in the generation of renewable energy from biogas through advanced anaerobic digestion of organic residues from municipal, agricultural, and industrial sources. Its operating segments are Capital Sales; Services; Build, Own, and Operate Projects. It derives key revenue from the Capital Sales segment which consists of the sales of proprietary technology solutions and services to third-party customers, predominantly municipalities, private entities, and project developers. The group derives revenue from the U.S., Canada, Italy and other countries.