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Days Inventory is also known as Days Sales of Inventory (DSI). Alpha Pro Tech's Average Total Inventories for the three months ended in Mar. 2024 was $20.45 Mil. Alpha Pro Tech's Cost of Goods Sold for the three months ended in Mar. 2024 was $8.07 Mil. Hence, Alpha Pro Tech's Days Inventory for the three months ended in Mar. 2024 was 231.38.
The historical rank and industry rank for Alpha Pro Tech's Days Inventory or its related term are showing as below:
During the past 13 years, Alpha Pro Tech's highest Days Inventory was 223.57. The lowest was 98.04. And the median was 173.46.
Alpha Pro Tech's Days Inventory declined from Mar. 2023 (250.90) to Mar. 2024 (231.38).
Inventory Turnover measures how fast the company turns over its inventory within a year. Alpha Pro Tech's Inventory Turnover for the three months ended in Mar. 2024 was 0.39.
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. Alpha Pro Tech's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.52.
The historical data trend for Alpha Pro Tech'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.
Alpha Pro Tech Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Days Inventory | Get a 7-Day Free Trial | 130.18 | 98.04 | 175.67 | 223.57 | 211.61 |
Alpha Pro Tech 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 | 250.90 | 209.98 | 198.10 | 198.83 | 231.38 |
For the Building Products & Equipment subindustry, Alpha Pro Tech'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.
For the Construction industry and Industrials sector, Alpha Pro Tech's Days Inventory distribution charts can be found below:
* The bar in red indicates where Alpha Pro Tech's Days Inventory falls into.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Alpha Pro Tech's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as
Days Inventory (A: Dec. 2023 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (A: Dec. 2022 ) | + | Total Inventories (A: Dec. 2023 )) | / | count ) | / | Cost of Goods Sold (A: Dec. 2023 ) | * | Days in Period |
= | ( (24.397 | + | 20.131) | / | 2 ) | / | 38.403 | * | 365 |
= | 22.264 | / | 38.403 | * | 365 | ||||
= | 211.61 |
Alpha Pro Tech'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 |
= | ( (20.131 | + | 20.769) | / | 2 ) | / | 8.065 | * | 365 / 4 |
= | 20.45 | / | 8.065 | * | 365 / 4 | ||||
= | 231.38 |
* 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.
Alpha Pro Tech (AMEX:APT) 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.
Alpha Pro Tech's Inventory Turnover for the three months ended in Mar. 2024 is calculated as
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 8.065 | / | 20.45 | |
= | 0.39 |
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.
Alpha Pro Tech's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as
Inventory-to-Revenue | = | Average Total Inventories | / | Revenue |
= | 20.45 | / | 13.482 | |
= | 1.52 |
* 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.
Thank you for viewing the detailed overview of Alpha Pro Tech's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
James Buchan | director | 60 CENTURIAN DRIVE, SUITE 112, MARKHAM A6 L3R9R2 |
Benjamin A Shaw | director | 160 CENTURIAN DRIVE, SUITE 112, MARKHAM A6 L3R 9R2 |
John Ritota | director | C/O ALPHA PRO TECH LTD, 60 CENTURIAN DR STE 112, MARKHAM ONTARIO CANADA A1 L3R9R2 |
David R Garcia | director | 60 CENTURIAN DRIVE, SUITE 112, MARKHAM A6 L3R9R2 |
Charles D Montgomery | officer: Sr. V.P. Engineered Products | 60 CENTURIAN DRIVE SUITE#112, MARKHAM A6 L3R 9R2 |
Russell Manock | director | C/O ALPHA PRO TECH LTD, 60 CENTURIAN DR, MARKHAM CANADA A6 9999999999 |
Lloyd Hoffman | officer: CFO and Sr VP Finance and Admi | C/O ALPHA PRO TECH LTD, 60 CENTURIAN DRIVE STE 112, MARKHAM ONTARIO CANADA A1 L3R9R2 |
Mcdonald Colleen J | officer: CFO | 60 CENTURIAN DRIVE SUITE 112, MARKHAM A6 L3R 9R2 |
Donna Millar | director | 60 CENTURIAN DRIVE, SUITE 112, MARKHAM A6 L3R 9R2 |
David B Anderson | director | 60 CENTURIAN DRIVE SUITE # 112, MARKHAM A6 L3R 9R2 |
Al Millar | director, officer: President | C/O ALPHA PRO TECH LTD, 60 CENTURIAN DRIVE STE 112, MARKHAM ONTARIO CANADA A1 L3R9R2 |
Sheldon Hoffman | director, officer: C.E.O. | 60 ENTURIAN DRIVE STE 112, C/O ALPHA PRO TECH LTD, MARKHAM ONTAIRO CANADA A6 0000 |
Donald Bennett | director | |
Scheerer Michael | officer: Sr VP- Sales & marketing | 60 CENTURIAN DRIVE STE 112, C/O ALPHA PRO TECH LTD, MARKHAM ONTARIO CANA A6 0000 |
Robert Isaly | director |
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