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Auscrete (Auscrete) Days Inventory : 55.54 (As of Mar. 2023)


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What is Auscrete Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Auscrete's Average Total Inventories for the three months ended in Mar. 2023 was $0.01 Mil. Auscrete's Cost of Goods Sold for the three months ended in Mar. 2023 was $0.02 Mil. Hence, Auscrete's Days Inventory for the three months ended in Mar. 2023 was 55.54.

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

ASCK's Days Inventory is not ranked *
in the Homebuilding & Construction industry.
Industry Median: 321.91
* Ranked among companies with meaningful Days Inventory only.

Auscrete's Days Inventory increased from Mar. 2022 (0.00) to Mar. 2023 (55.54). It might indicate that Auscrete's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Auscrete's Inventory Turnover for the three months ended in Mar. 2023 was 1.64.

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. Auscrete's Inventory-to-Revenue for the three months ended in Mar. 2023 was 0.41.


Auscrete Days Inventory Historical Data

The historical data trend for Auscrete'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.

Auscrete Days Inventory Chart

Auscrete Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 146.00 146.00 -

Auscrete Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 91.25 - 55.54

Competitive Comparison of Auscrete's Days Inventory

For the Residential Construction subindustry, Auscrete'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.


Auscrete's Days Inventory Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Auscrete's Days Inventory distribution charts can be found below:

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



Auscrete Days Inventory Calculation

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

Auscrete'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
=( (0.006 + 0.022) / 2 ) / 0*365
=0.014 / 0*365
=N/A

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

Days Inventory (Q: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Mar. 2023 )) / count ) / Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=( (0.022 + 0.006) / 2 ) / 0.023*365 / 4
=0.014 / 0.023*365 / 4
=55.54

* 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.


Auscrete  (OTCPK:ASCK) 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.

Auscrete's Inventory Turnover for the three months ended in Mar. 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.

Auscrete's Inventory to Revenue for the three months ended in Mar. 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.


Auscrete Days Inventory Related Terms

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


Auscrete (Auscrete) Business Description

Traded in Other Exchanges
N/A
Address
49 John Day Dam Road, Goldendale, WA, USA, 98920
Auscrete Corp is involved in technologies developed for the construction of housing. It focuses on operating as a supplier in the housing market. It utilizes its lightweight concrete technologies in the construction of housing, as well as commercial structures. Its product portfolio includes residential housing, commercial structures, and buildings in general. It specializes in concrete construction products such as cement and sand.