Days Inventory is also known as Days Sales of Inventory (DSI). Amer Sports's Average Total Inventories for the
three
months ended in Mar. 2024 was $1,100 Mil. Amer Sports's Cost of Goods Sold for the
three
months ended in Mar. 2024 was $544 Mil.
Hence, Amer Sports's Days Inventory for the
three
months ended in Mar. 2024 was 184.39.
The historical rank and industry rank for Amer Sports's Days Inventory or its related term are showing as below:
AS'
s Days Inventory Range Over the Past 10 Years
Min: 134.73 Med: 156.54 Max: 196.76
Current: 196.76
During the past 4 years, Amer Sports's highest Days Inventory was 196.76. The lowest was 134.73. And the median was 156.54.
AS's Days Inventory is ranked worse than 84.63% of 670
companies
in the Travel & Leisure industry
Industry Median: 35.9
vs AS: 196.76
Amer Sports's Days Inventory
increased
from Mar. 2023 (168.08) to Mar. 2024 (184.39).
It might indicate that Amer Sports's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Amer Sports's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.49.
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.
Amer Sports's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.93.
Amer Sports Days Inventory Historical Data
The historical data trend for Amer Sports'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 Amer Sports's Days Inventory
For the Leisure subindustry, Amer Sports'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.
Amer Sports's Days Inventory Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Amer Sports's Days Inventory distribution charts can be found below:
* The bar in red indicates where Amer Sports's Days Inventory falls into.
Amer Sports Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Amer Sports'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.
Amer Sports (NYSE:AS) 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.
Amer Sports'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.
Amer Sports'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.
Amer Sports Days Inventory Related Terms
Thank you for viewing the detailed overview of Amer Sports's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Amer Sports Inc. is a group of sports and outdoor brands, including Arc'teryx, Salomon, Wilson, Atomic, and Peak Performance. It has three reportable segments: Technical Apparel, Outdoor Performance as well and Ball & Racquet Sports. Technical Apparel includes outdoor apparel, footwear, and accessories and consists of the Arc'teryx and Peak Performance brands, Outdoor Performance includes outdoor apparel, footwear, accessories, and winter sports equipment and consists of our Salomon, Atomic, Armada, and ENVE brands, Ball & Racquet Sports includes sports equipment, apparel and accessories and consists of our Wilson, Louisville Slugger, DeMarini, EvoShield, Atec and Luxilon brands, all of which comprise the Wilson Sporting Goods portfolio. Max revenue is generated from Outdoor Performance.
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