Ah Vest (JSE:AHL) Days Inventory : 38.76 (As of Dec. 2023)

View and export this data going back to 1998. Start your Free Trial

What is Ah Vest Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ah Vest's Average Total Inventories for the six months ended in Dec. 2023 was R16.6 Mil. Ah Vest's Cost of Goods Sold for the six months ended in Dec. 2023 was R78.1 Mil. Hence, Ah Vest's Days Inventory for the six months ended in Dec. 2023 was 38.76.

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

JSE:AHL' s Days Inventory Range Over the Past 10 Years
Min: 32.78 Med: 45.31 Max: 74.09
Current: 43.65

During the past 12 years, Ah Vest's highest Days Inventory was 74.09. The lowest was 32.78. And the median was 45.31.

JSE:AHL's Days Inventory is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 82.815 vs JSE:AHL: 43.65

Ah Vest's Days Inventory declined from Dec. 2022 (45.00) to Dec. 2023 (38.76).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ah Vest's Inventory Turnover for the six months ended in Dec. 2023 was 4.71.

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. Ah Vest's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.14.

Ah Vest Days Inventory Historical Data

The historical data trend for Ah Vest'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.

Ah Vest Days Inventory Chart

Ah Vest Annual Data

Trend

Mar12

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

Get a 7-Day Free Trial

40.46

32.78

45.09

44.97

45.52

Ah Vest Semi-Annual Data
	Mar10	Mar11	Mar12	Jun15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															38.89	49.17	45.00	49.69	38.76

Competitive Comparison of Ah Vest's Days Inventory

For the Packaged Foods subindustry, Ah Vest'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.

Ah Vest's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ah Vest's Days Inventory distribution charts can be found below:

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

Ah Vest Days Inventory Calculation

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

Ah Vest's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (16.961	+	17.375)	/	2 )	/	137.667	*	365
=	17.168					/	137.667	*	365
=	45.52

Ah Vest'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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (17.375	+	15.797)	/	2 )	/	78.1	*	365 / 2
=	16.586					/	78.1	*	365 / 2
=	38.76

Ah Vest (JSE:AHL) 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.

Ah Vest's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	78.1	/	16.586
	=	4.71

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.

Ah Vest's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	16.586	/	115.455
	=	0.14

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.

Ah Vest Days Inventory Related Terms

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

Ah Vest (JSE:AHL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ah Vest Ltd (JSE:AHL) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

15 Misgund Road, Eikenhof, Johannesburg, GT, ZAF, 1872

Website

http://www.alljoy.co.za

Ah Vest Ltd is involved in the manufacturing of food sauces and condiments for supply to retail chains, independent traders, and the catering industry. The company operates in a single segment which is Sauces. Geographically it only operates in South Africa.