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Atlas (ATCO) Days Inventory : 0.00 (As of Jun. 2023)


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What is Atlas Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Atlas's Average Total Inventories for the three months ended in Jun. 2023 was $53 Mil. Atlas's Cost of Goods Sold for the three months ended in Jun. 2023 was $0 Mil.

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

ATCO' s Days Inventory Range Over the Past 10 Years
Min: 22.55   Med: 47.25   Max: 70.12
Current: 70.12

During the past 13 years, Atlas's highest Days Inventory was 70.12. The lowest was 22.55. And the median was 47.25.

ATCO's Days Inventory is not ranked
in the Asset Management industry.
Industry Median: 75.875 vs ATCO: 70.12

Atlas's Days Inventory declined from Jun. 2022 (53.07) to Jun. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Atlas's Inventory Turnover for the three months ended in Jun. 2023 was 0.00.

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. Atlas's Inventory-to-Revenue for the three months ended in Jun. 2023 was 0.12.


Atlas Days Inventory Historical Data

The historical data trend for Atlas'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.

Atlas Days Inventory Chart

Atlas Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 22.55 44.71 55.43 49.78

Atlas Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 53.07 55.69 48.43 51.46 -

Competitive Comparison of Atlas's Days Inventory

For the Asset Management subindustry, Atlas'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.


Atlas's Days Inventory Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Atlas's Days Inventory distribution charts can be found below:

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



Atlas Days Inventory Calculation

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

Atlas's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (46.4 + 50) / 2 ) / 353.4*365
=48.2 / 353.4*365
=49.78

Atlas's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (49.7 + 55.6) / 2 ) / 0*365 / 4
=52.65 / 0*365 / 4
=N/A

* 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.


Atlas  (NYSE:ATCO) 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.

Atlas's Inventory Turnover for the three months ended in Jun. 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.

Atlas's Inventory to Revenue for the three months ended in Jun. 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.


Atlas Days Inventory Related Terms

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


Atlas (ATCO) Business Description

Traded in Other Exchanges
Address
23 Berkeley Square, London, GBR, W1J 6HE
Atlas Corp is a global asset manager that owns and operates the businesses in which it invests while focusing on deploying capital across multiple verticals to create sustainable value and quality growth opportunities for its shareholders. The company has two business segments: Containership leasing and Mobile power generation. The containership leasing segment owns and operates a fleet of containerships that are chartered primarily pursuant to long-term, fixed-rate charters. The mobile power generation segment owns and operates a fleet of power generation assets, including gas turbines and other equipment, and provides power solutions to customers. Majority of revenue is generated from The Containership Leasing segment.