The historical rank and industry rank for Advantage Solutions's Days Inventory or its related term are showing as below:
ADV'
s Days Inventory Range Over the Past 10 Years
Min: 0.39 Med: 3.93 Max: 7.78
Current: 5.38
During the past 8 years, Advantage Solutions's highest Days Inventory was 7.78. The lowest was 0.39. And the median was 3.93.
ADV's Days Inventory is ranked better than 80.55% of 658
companies
in the Media - Diversified industry
Industry Median: 25.78
vs ADV: 5.38
Advantage Solutions's Days Inventory
declined
from Dec. 2022 (7.46) to Dec. 2023 (2.95).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Advantage Solutions's Inventory Turnover for the
three
months ended in Dec. 2023 was 30.95.
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.
Advantage Solutions's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.03.
Advantage Solutions Days Inventory Historical Data
The historical data trend for Advantage Solutions'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 Advantage Solutions's Days Inventory
For the Advertising Agencies subindustry, Advantage Solutions'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.
Advantage Solutions's Days Inventory Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Advantage Solutions's Days Inventory distribution charts can be found below:
* The bar in red indicates where Advantage Solutions's Days Inventory falls into.
Advantage Solutions Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Advantage Solutions'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.
Advantage Solutions (NAS:ADV) 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.
Advantage Solutions's Inventory Turnover for the
three
months ended in Dec. 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.
Advantage Solutions's Inventory to Revenue for the
three
months 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.
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.
Advantage Solutions Days Inventory Related Terms
Thank you for viewing the detailed overview of Advantage Solutions's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Advantage Solutions (Advantage Solutions) Business Description
Advantage Solutions Inc is the provider of outsourced sales and marketing solutions to consumer goods companies and retailers. It has a technology-enabled platform of sales and marketing services like headquarter sales, retail merchandising, in-store sampling, digital commerce, and shopper marketing. For brands and retailers of all sizes, the firm helps to get the right products on the shelf and into the hands of consumers. The company helps its clients to sell more while spending less. Advantage has offices throughout North America and strategic investments in select markets throughout Africa, Asia, Australia, and Europe through which it services the global needs of multinational, regional, and local manufacturers. Its services are provided across two segments sales and marketing.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ADV has been successfully added to your 