Days Inventory is also known as Days Sales of Inventory (DSI). Aura Systems's Average Total Inventories for the
three
months ended in Nov. 2023 was $0.07 Mil. Aura Systems's Cost of Goods Sold for the
three
months ended in Nov. 2023 was $0.10 Mil.
Hence, Aura Systems's Days Inventory for the
three
months ended in Nov. 2023 was 68.21.
The historical rank and industry rank for Aura Systems's Days Inventory or its related term are showing as below:
AUSI'
s Days Inventory Range Over the Past 10 Years
Min: 185.59 Med: 401.54 Max: 620.09
Current: 203.89
During the past 13 years, Aura Systems's highest Days Inventory was 620.09. The lowest was 185.59. And the median was 401.54.
AUSI's Days Inventory is ranked worse than 76.77% of 2902
companies
in the Industrial Products industry
Industry Median: 119.93
vs AUSI: 203.89
Aura Systems's Days Inventory
declined
from Nov. 2022 (568.56) to Nov. 2023 (68.21).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Aura Systems's Inventory Turnover for the
three
months ended in Nov. 2023 was 1.34.
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.
Aura Systems's Inventory-to-Revenue for the
three
months ended in Nov. 2023 was 1.57.
Aura Systems Days Inventory Historical Data
The historical data trend for Aura Systems'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 Aura Systems's Days Inventory
For the Specialty Industrial Machinery subindustry, Aura Systems'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.
Aura Systems's Days Inventory Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Aura Systems's Days Inventory distribution charts can be found below:
* The bar in red indicates where Aura Systems's Days Inventory falls into.
Aura Systems Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Aura Systems's Days Inventory for the fiscal year that ended in Feb. 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.
Aura Systems (OTCPK:AUSI) 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.
Aura Systems's Inventory Turnover for the
three
months ended in Nov. 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.
Aura Systems's Inventory to Revenue for the
three
months ended in Nov. 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.
Aura Systems Days Inventory Related Terms
Thank you for viewing the detailed overview of Aura Systems's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Aura Systems Inc is engaged in the development, commercialization, and sales of products, systems, and components. It uses patented and proprietary electromagnetic technology. The company develops and sells AuraGen axial flux mobile induction power systems to the industrial, commercial, and defense mobile power generation markets. It has also developed High Force Electromagnetic Linear Actuators.
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