Days Inventory is also known as Days Sales of Inventory (DSI). Adamas One's Average Total Inventories for the
three
months ended in Jun. 2023 was $1.02 Mil. Adamas One's Cost of Goods Sold for the
three
months ended in Jun. 2023 was $0.22 Mil.
Hence, Adamas One's Days Inventory for the
three
months ended in Jun. 2023 was 427.16.
The historical rank and industry rank for Adamas One's Days Inventory or its related term are showing as below:
JEWL'
s Days Inventory Range Over the Past 10 Years
Min: 43.51 Med: 43.51 Max: 281.49
Current: 281.49
During the past 3 years, Adamas One's highest Days Inventory was 281.49. The lowest was 43.51. And the median was 43.51.
JEWL's Days Inventory is ranked worse than 86.34% of 1069
companies
in the Retail - Cyclical industry
Industry Median: 110.79
vs JEWL: 281.49
Adamas One's Days Inventory
increased
from Jun. 2022 (47.31) to Jun. 2023 (427.16).
It might indicate that Adamas One'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.
Adamas One's Inventory Turnover for the
three
months ended in Jun. 2023 was 0.21.
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.
Adamas One's Inventory-to-Revenue for the
three
months ended in Jun. 2023 was 3.51.
Adamas One Days Inventory Historical Data
The historical data trend for Adamas One'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 Adamas One's Days Inventory
For the Luxury Goods subindustry, Adamas One'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.
Adamas One's Days Inventory Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Adamas One's Days Inventory distribution charts can be found below:
* The bar in red indicates where Adamas One's Days Inventory falls into.
Adamas One Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Adamas One's Days Inventory for the fiscal year that ended in Sep. 2022 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.
Adamas One (NAS:JEWL) 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.
Adamas One's Inventory Turnover for the
three
months ended in Jun. 2023 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.
Adamas One's Inventory to Revenue for the
three
months ended in Jun. 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.
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.
Adamas One Days Inventory Related Terms
Thank you for viewing the detailed overview of Adamas One's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Adamas One Corp is a high-tech diamond company that uses its proprietary technology to produce high-quality, single-crystal diamonds and diamond materials through a CVD process, which it refers to as Diamond Technology. It operates as a Lab-Grown Diamond manufacturer that produces single-crystal diamonds for gemstone and industrial applications. The company produces chemical vapor deposition (CVD) gem-sized Lab-Grown Diamond crystals using processes pioneered by Apollo Diamond. The company's controlled manufacturing processes enable it to produce High-Quality, High Purity, High Volume, single-crystal colorless, near-colorless, and fancy-colored diamonds to suit a variety of industrial and gemstone applications.
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