Abacus Storage King (ASX:ASK) Days Inventory : 0.00 (As of Dec. 2023)

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What is Abacus Storage King Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Abacus Storage King's Average Total Inventories for the six months ended in Dec. 2023 was A$0.00 Mil. Abacus Storage King's Cost of Goods Sold for the six months ended in Dec. 2023 was A$19.54 Mil. Hence, Abacus Storage King's Days Inventory for the six months ended in Dec. 2023 was 0.00.

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

ASX:ASK's Days Inventory is not ranked ^*
in the REITs industry.
Industry Median: 95.27
* Ranked among companies with meaningful Days Inventory only.

Abacus Storage King's Days Inventory stayed the same from Jun. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Abacus Storage King's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.

Abacus Storage King Days Inventory Historical Data

The historical data trend for Abacus Storage King'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.

Abacus Storage King Days Inventory Chart

Abacus Storage King Annual Data

Trend

Jun21

Jun22

Days Inventory

Abacus Storage King Semi-Annual Data
	Jun21	Jun22	Dec22	Dec23
Days Inventory	-	-	-	-

Competitive Comparison of Abacus Storage King's Days Inventory

For the REIT - Industrial subindustry, Abacus Storage King'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.

Abacus Storage King's Days Inventory Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Abacus Storage King's Days Inventory distribution charts can be found below:

* The bar in red indicates where Abacus Storage King's Days Inventory falls into.

Abacus Storage King Days Inventory Calculation

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

Abacus Storage King's Days Inventory for the fiscal year that ended in Jun. 2022 is calculated as

	Days Inventory (A: Jun. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2021 )	+	Total Inventories (A: Jun. 2022 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2022 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.01400000000001	*	365
=	0					/	0.01400000000001	*	365
=	0.00

Abacus Storage King'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: Dec. 2022 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	19.544	*	365 / 2
=	0					/	19.544	*	365 / 2
=	0.00

Abacus Storage King (ASX:ASK) 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.

Abacus Storage King's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	19.544	/	0
	=

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.

Abacus Storage King's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	99.109
	=	0.00

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.

Abacus Storage King Days Inventory Related Terms

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

Abacus Storage King (ASX:ASK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Abacus Storage King (ASX:ASK) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

77 Castlereagh Street, Level 13, Sydney, NSW, AUS, 2000

Website

https://www.abacusgroup.com.au

Abacus Storage King REIT is a self-storage REIT. It owns, operates, and manages a self-storage operating platform and an investment portfolio comprising self-storage properties and other investments across Australia and New Zealand.

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