The historical rank and industry rank for Alerion CleanPower's Days Inventory or its related term are showing as below:
CHIX:ARNm'
s Days Inventory Range Over the Past 10 Years
Min: 1.24 Med: 14.56 Max: 529.57
Current: 529.57
During the past 13 years, Alerion CleanPower's highest Days Inventory was 529.57. The lowest was 1.24. And the median was 14.56.
CHIX:ARNm's Days Inventory is ranked worse than 93.66% of 331
companies
in the Utilities - Independent Power Producers industry
Industry Median: 31.07
vs CHIX:ARNm: 529.57
Alerion CleanPower's Days Inventory
increased
from Jun. 2022 (144.25) to Jun. 2023 (249.82).
It might indicate that Alerion CleanPower's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Alerion CleanPower's Inventory Turnover for the
six
months ended in Jun. 2023 was 0.73.
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.
Alerion CleanPower's Inventory-to-Revenue for the
six
months ended in Jun. 2023 was 0.09.
Alerion CleanPower Days Inventory Historical Data
The historical data trend for Alerion CleanPower'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 Alerion CleanPower's Days Inventory
For the Utilities - Renewable subindustry, Alerion CleanPower'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.
Alerion CleanPower's Days Inventory Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Alerion CleanPower's Days Inventory distribution charts can be found below:
* The bar in red indicates where Alerion CleanPower's Days Inventory falls into.
Alerion CleanPower Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Alerion CleanPower's Days Inventory for the fiscal year that ended in Dec. 2022 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.
Alerion CleanPower (CHIX:ARNm) 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.
Alerion CleanPower's Inventory Turnover for the
six
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.
Alerion CleanPower's Inventory to Revenue for the
six
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.
Alerion CleanPower Days Inventory Related Terms
Thank you for viewing the detailed overview of Alerion CleanPower's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Alerion CleanPower (CHIX:ARNM) Business Description
Alerion CleanPower engages in the production of electricity through wind power. The company core business is in the production of electrical energy from renewable sources, through a portfolio of diversified plants in the solar, biomass and wind sectors. The company operates wind farms in Krupen, Bulgary and Agrigento, Licodia, Callari, Ordona, Lacedonia, Ciorlano, Albanella, Castel di Lucio, San Martino in Pensilis, and San Marco in Lamis in Italy.
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