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Days Inventory is also known as Days Sales of Inventory (DSI). Alset's Average Total Inventories for the three months ended in Mar. 2024 was $0.01 Mil. Alset's Cost of Goods Sold for the three months ended in Mar. 2024 was $4.66 Mil. Hence, Alset's Days Inventory for the three months ended in Mar. 2024 was 0.12.
The historical rank and industry rank for Alset's Days Inventory or its related term are showing as below:
During the past 7 years, Alset's highest Days Inventory was 4.01. The lowest was 0.44. And the median was 3.09.
Alset's Days Inventory declined from Mar. 2023 (4.57) to Mar. 2024 (0.12).
Inventory Turnover measures how fast the company turns over its inventory within a year. Alset's Inventory Turnover for the three months ended in Mar. 2024 was 776.33.
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. Alset's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.
The historical data trend for Alset'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.
Alset Annual Data | ||||||||||||||||
Trend | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||
Days Inventory | Get a 7-Day Free Trial | 2.89 | 3.13 | 2.21 | 4.01 | 0.51 |
Alset Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Days Inventory | Get a 7-Day Free Trial |
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4.57 | 0.28 | 5.18 | 0.99 | 0.12 |
For the Real Estate - Development subindustry, Alset'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.
For the Real Estate industry and Real Estate sector, Alset's Days Inventory distribution charts can be found below:
* The bar in red indicates where Alset's Days Inventory falls into.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Alset's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as
Days Inventory (A: Dec. 2023 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (A: Dec. 2022 ) | + | Total Inventories (A: Dec. 2023 )) | / | count ) | / | Cost of Goods Sold (A: Dec. 2023 ) | * | Days in Period |
= | ( (0.035 | + | 0.006) | / | 2 ) | / | 14.577 | * | 365 |
= | 0.0205 | / | 14.577 | * | 365 | ||||
= | 0.51 |
Alset's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:
Days Inventory (Q: Mar. 2024 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (Q: Dec. 2023 ) | + | Total Inventories (Q: Mar. 2024 )) | / | count ) | / | Cost of Goods Sold (Q: Mar. 2024 ) | * | Days in Period |
= | ( (0.006 | + | 0.006) | / | 2 ) | / | 4.658 | * | 365 / 4 |
= | 0.006 | / | 4.658 | * | 365 / 4 | ||||
= | 0.12 |
* 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.
Alset (NAS:AEI) 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.
Alset's Inventory Turnover for the three months ended in Mar. 2024 is calculated as
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 4.658 | / | 0.006 | |
= | 776.33 |
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.
Alset's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as
Inventory-to-Revenue | = | Average Total Inventories | / | Revenue |
= | 0.006 | / | 6.086 | |
= | 0.00 |
* 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.
Thank you for viewing the detailed overview of Alset's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Chan Heng Fai Ambrose | director, 10 percent owner, officer: Chief Executive Officer | 2601 INSLAND PLACE TOWER, 510 KINGS RD N POINT, HONG KONG K3 999999999 |
Hiu Pan Wong | director | RM F, 47/F, TOWER 6, PARK AVENUE,, 18 HOI TING ROAD, TAI KOK TUSI, KOWLOON, HONG KONG F4 999077 |
Lim Sheng Hon Danny | director | 4800 MONTGOMERY LANE, SUITE 210, BETHESDA MD 20814 |
Hay Kim Ang | director | C/O HF ENTERPRISES INC. HAMPDEN SQUARE, 4800 MONTGOMERY LANE SUITE 210, BETHESDA MD 20814 |
Anthony S. Chan | officer: Chief Operating Officer | 228 YANJIANG AVE., JIANGAN DIST., BLDG A, WUHAN CITY F4 430010 |
Robert H Trapp | other: Former Director | C/O EVISION INTERNATIONAL INC., 1888 SHERMAN ST. #500, DENVER CO 80203 |
Shui Yeung Wong | director | 4800 MONTGOMERY LANE, SUITE 210, BETHESDA MD 20814 |
Tung Moe Chan | officer: Co-Chief Executive Officer | 1601 BLAKE ST, SUITE 310, DENVER CO 80202 |
Hfe Holdings Ltd | 10 percent owner | C/O SINGAPORE EDEVELOPMENT LTD. UNIT B, 17 FL GREATMANY CNTR 109-111 QUEENS RD E, WAN CHAI K3 50 |
Wu William Wai Leung | director | C/O DOCUMENT SECURITY SYSTEMS, INC., 200 CANAL VIEW BLVD., SUITE 300, ROCHESTER NY 14624 |
Tat Keung Wong | director | 4800 MONTGOMERY LANE SUITE 210, BETHESDA MD 20814 |
Lui Wai Leung Alan | officer: Co-Chief Financial Officer | 10 WINSTEDT ROAD #02-02 BLOCK A, SINGAPORE U0 227977 |
Rongguo Wei | officer: Co-Chief Financial Officer | 4800 MONTGOMERY LN #210, BETHESDA MD 20814 |
Charles Mackenzie | officer: Chief Development Officer | 4800 MONTGOMERY LANE, SUITE 210, BETHESDA MD 20814 |
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