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Are Holdings (Are Holdings) Days Inventory : 47.60 (As of Mar. 2024)


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What is Are Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Are Holdings's Average Total Inventories for the three months ended in Mar. 2024 was $287 Mil. Are Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was $551 Mil. Hence, Are Holdings's Days Inventory for the three months ended in Mar. 2024 was 47.60.

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

AHHLF' s Days Inventory Range Over the Past 10 Years
Min: 45.33   Med: 77.7   Max: 146.79
Current: 49.63

During the past 13 years, Are Holdings's highest Days Inventory was 146.79. The lowest was 45.33. And the median was 77.70.

AHHLF's Days Inventory is ranked worse than
68.72% of 211 companies
in the Waste Management industry
Industry Median: 22.94 vs AHHLF: 49.63

Are Holdings's Days Inventory declined from Mar. 2023 (58.94) to Mar. 2024 (47.60).

Inventory Turnover measures how fast the company turns over its inventory within a year. Are Holdings's Inventory Turnover for the three months ended in Mar. 2024 was 1.92.

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. Are Holdings's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.49.


Are Holdings Days Inventory Historical Data

The historical data trend for Are Holdings'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.

Are Holdings Days Inventory Chart

Are Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 103.71 140.54 153.47 77.94 48.32

Are Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 58.94 64.95 47.08 49.67 47.60

Competitive Comparison of Are Holdings's Days Inventory

For the Waste Management subindustry, Are Holdings'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.


Are Holdings's Days Inventory Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Are Holdings's Days Inventory distribution charts can be found below:

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



Are Holdings Days Inventory Calculation

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

Are Holdings's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (305.646 + 226.133) / 2 ) / 2008.396*365
=265.8895 / 2008.396*365
=48.32

Are Holdings's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (348.656 + 226.133) / 2 ) / 550.96*365 / 4
=287.3945 / 550.96*365 / 4
=47.60

* 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.


Are Holdings  (OTCPK:AHHLF) 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.

Are Holdings'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.

Are Holdings'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.


Are Holdings Days Inventory Related Terms

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


Are Holdings (Are Holdings) Business Description

Traded in Other Exchanges
Address
Nissay Sannomiya Bldg., 4-4-17, Kano-cho, Chuo-ku, Kobe, JPN, 650-0001
Are Holdings Inc formerly Asahi Holdings Inc is operative in the Japanese waste management industry. The company's principal interest lies in the precious metals recycling activities. This segment deals with the recycling and sale of precious metals and rare metals, including gold, silver, palladium, platinum, and indium, which are refined from precious metal-containing scraps inclusive of electronic materials, dental materials, jewelry manufacture and automobile catalysts. Asahi's secondary line of business is responsible for the collection, transportation and intermediate treatment of industrial wastes, such as waste acids, waste alkalis, waste oil, sludge, waste drugs and infectious medical wastes.

Are Holdings (Are Holdings) Headlines

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