Alexium International Group (ASX:AJX) Days Inventory : 75.14 (As of Dec. 2023)

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What is Alexium International Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Alexium International Group's Average Total Inventories for the six months ended in Dec. 2023 was A$0.95 Mil. Alexium International Group's Cost of Goods Sold for the six months ended in Dec. 2023 was A$2.30 Mil. Hence, Alexium International Group's Days Inventory for the six months ended in Dec. 2023 was 75.14.

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

ASX:AJX' s Days Inventory Range Over the Past 10 Years
Min: 28.99 Med: 99 Max: 179.7
Current: 87.42

During the past 13 years, Alexium International Group's highest Days Inventory was 179.70. The lowest was 28.99. And the median was 99.00.

ASX:AJX's Days Inventory is ranked worse than
53.04% of 1495 companies
in the Chemicals industry
Industry Median: 82.92 vs ASX:AJX: 87.42

Alexium International Group's Days Inventory declined from Dec. 2022 (127.66) to Dec. 2023 (75.14).

Inventory Turnover measures how fast the company turns over its inventory within a year. Alexium International Group's Inventory Turnover for the six months ended in Dec. 2023 was 2.43.

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. Alexium International Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.23.

Alexium International Group Days Inventory Historical Data

The historical data trend for Alexium International Group'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.

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Alexium International Group Days Inventory Chart

Alexium International Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

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135.22

100.21

88.43

102.61

97.79

Alexium International Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															85.93	184.60	127.66	92.48	75.14

Competitive Comparison of Alexium International Group's Days Inventory

For the Specialty Chemicals subindustry, Alexium International Group'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.

Alexium International Group's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Alexium International Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Alexium International Group's Days Inventory falls into.

Alexium International Group Days Inventory Calculation

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

Alexium International Group's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (2.275	+	1.229)	/	2 )	/	6.539	*	365
=	1.752					/	6.539	*	365
=	97.79

Alexium International Group's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1.229	+	0.665)	/	2 )	/	2.3	*	365 / 2
=	0.947					/	2.3	*	365 / 2
=	75.14

Alexium International Group (ASX:AJX) 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.

Alexium International Group's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.3	/	0.947
	=	2.43

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.

Alexium International Group's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.947	/	4.132
	=	0.23

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.

Alexium International Group Days Inventory Related Terms

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Alexium International Group (ASX:AJX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Alexium International Group Ltd (ASX:AJX) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

E7T:Germany

Address

350 West Phillips Road, Greer, SC, USA, 29650

Website

https://www.alexiuminternational.com

Alexium International Group Ltd is engaged in the development of specialty chemicals. Its only operating segment is the development and commercialization of its proprietary flame retardant (FR) and phase change material (PCM) chemistries, cooling products for bedding, and selling its specialized chemistry to customers. Geographically, it derives a majority of its revenue from the United States and also has a presence in Australia. The company products include Alexicool and Alexiflam NF.