Aferian (LSE:AFRN) Days Inventory : 162.74 (As of May. 2023)

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What is Aferian Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aferian's Average Total Inventories for the six months ended in May. 2023 was £7.38 Mil. Aferian's Cost of Goods Sold for the six months ended in May. 2023 was £8.28 Mil. Hence, Aferian's Days Inventory for the six months ended in May. 2023 was 162.74.

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

LSE:AFRN' s Days Inventory Range Over the Past 10 Years
Min: 21.19 Med: 40.43 Max: 76
Current: 76

During the past 13 years, Aferian's highest Days Inventory was 76.00. The lowest was 21.19. And the median was 40.43.

LSE:AFRN's Days Inventory is ranked worse than
70.27% of 656 companies
in the Media - Diversified industry
Industry Median: 25.75 vs LSE:AFRN: 76.00

Aferian's Days Inventory increased from May. 2022 (23.08) to May. 2023 (162.74). It might indicate that Aferian'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. Aferian's Inventory Turnover for the six months ended in May. 2023 was 1.12.

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. Aferian's Inventory-to-Revenue for the six months ended in May. 2023 was 0.39.

Aferian Days Inventory Historical Data

The historical data trend for Aferian'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.

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Aferian Days Inventory Chart

Aferian Annual Data

Trend

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Days Inventory

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28.00

27.49

23.50

21.19

42.54

Aferian Semi-Annual Data
	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23
Days Inventory	Get a 7-Day Free Trial															22.30	20.74	23.08	49.32	162.74

Competitive Comparison of Aferian's Days Inventory

For the Broadcasting subindustry, Aferian'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.

Aferian's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Aferian's Days Inventory distribution charts can be found below:

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

Aferian Days Inventory Calculation

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

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

	Days Inventory (A: Nov. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Nov. 2021 )	+	Total Inventories (A: Nov. 2022 ))	/	count )	/	Cost of Goods Sold (A: Nov. 2022 )	*	Days in Period
=	( (1.9	+	7.866)	/	2 )	/	41.9	*	365
=	4.883					/	41.9	*	365
=	42.54

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

	Days Inventory (Q: May. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Nov. 2022 )	+	Total Inventories (Q: May. 2023 ))	/	count )	/	Cost of Goods Sold (Q: May. 2023 )	*	Days in Period
=	( (7.866	+	6.894)	/	2 )	/	8.276	*	365 / 2
=	7.38					/	8.276	*	365 / 2
=	162.74

Aferian (LSE:AFRN) 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.

Aferian's Inventory Turnover for the six months ended in May. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	8.276	/	7.38
	=	1.12

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.

Aferian's Inventory to Revenue for the six months ended in May. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7.38	/	18.702
	=	0.39

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.

Aferian Days Inventory Related Terms

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

Aferian (LSE:AFRN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Aferian PLC (LSE:AFRN) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

AMO.GB:UK

Address

1010 Cambourne Business Park, Cambourne, Cambridge, England, GBR, CB23 6DP

Website

https://www.aferian.com

Aferian PLC is a software-led, global Media Technology company. It delivers modern TV experiences integrating streaming and PayTV services. Its Next-Generation technology platforms enable operators, broadcasters, and content owners to provide viewers the choice, usability, and convenience.

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