Ariston Holdings (XZIM:ARIS.ZW) Days Inventory : 41.16 (As of Sep. 2023)

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What is Ariston Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ariston Holdings's Average Total Inventories for the six months ended in Sep. 2023 was ZWL9,581 Mil. Ariston Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was ZWL42,480 Mil. Hence, Ariston Holdings's Days Inventory for the six months ended in Sep. 2023 was 41.16.

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

XZIM:ARIS.ZW' s Days Inventory Range Over the Past 10 Years
Min: 21.89 Med: 121.28 Max: 5944.16
Current: 102.78

During the past 9 years, Ariston Holdings's highest Days Inventory was 5944.16. The lowest was 21.89. And the median was 121.28.

XZIM:ARIS.ZW's Days Inventory is ranked worse than
61.62% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 82.1 vs XZIM:ARIS.ZW: 102.78

Ariston Holdings's Days Inventory declined from Sep. 2022 (45.88) to Sep. 2023 (41.16).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ariston Holdings's Inventory Turnover for the six months ended in Sep. 2023 was 4.43.

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. Ariston Holdings's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.29.

Ariston Holdings Days Inventory Historical Data

The historical data trend for Ariston Holdings'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.

Ariston Holdings Days Inventory Chart

Ariston Holdings Annual Data

Trend

Sep09

Sep11

Sep12

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Inventory

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373.40

587.14

110.36

85.79

132.19

Ariston Holdings Semi-Annual Data
	Mar11	Sep11	Mar12	Sep12	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial										63.84	102.66	45.88	934.69	41.16

Competitive Comparison of Ariston Holdings's Days Inventory

For the Farm Products subindustry, Ariston Holdings'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.

Ariston Holdings's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ariston Holdings's Days Inventory distribution charts can be found below:

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

Ariston Holdings Days Inventory Calculation

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

Ariston Holdings's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

	Days Inventory (A: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (18712.133	+	13761.601)	/	2 )	/	44833.736	*	365
=	16236.867					/	44833.736	*	365
=	132.19

Ariston Holdings'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: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (5400.742	+	13761.601)	/	2 )	/	42479.699	*	365 / 2
=	9581.1715					/	42479.699	*	365 / 2
=	41.16

Ariston Holdings (XZIM:ARIS.ZW) 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.

Ariston Holdings's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	42479.699	/	9581.1715
	=	4.43

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.

Ariston Holdings's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	9581.1715	/	33047.505
	=	0.29

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.

Ariston Holdings Days Inventory Related Terms

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

Ariston Holdings (XZIM:ARIS.ZW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ariston Holdings Ltd (XZIM:ARIS.ZW) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

18 Coghlan Road, P. O. Box 4019 , Greendale, Harare, ZWE

Website

http://www.ariston.co.zw

Ariston Holdings Ltd is an agro-industrial company. Its principal activities are farming operations which include, tea, macadamia nuts, horticulture, deciduous fruits, fishery, and poultry. The company is organized into three operating divisions. The Southdown Estates division is engaged in the growing and manufacturing of tea, macadamia nuts, avocados, potatoes, and bananas as well as generates maximum revenue. Claremont Estate division is engaged in the growing of pome and stone fruit, passion fruit, and potatoes. Kent Estate division engages in the growing of horticultural crops, and the rearing of poultry and livestock.

Ariston Holdings (XZIM:ARIS.ZW) Headlines

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