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Accsys Technologies (LSE:AXS) Days Inventory : 112.03 (As of Sep. 2023)


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What is Accsys Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Accsys Technologies's Average Total Inventories for the six months ended in Sep. 2023 was £26.9 Mil. Accsys Technologies's Cost of Goods Sold for the six months ended in Sep. 2023 was £43.9 Mil. Hence, Accsys Technologies's Days Inventory for the six months ended in Sep. 2023 was 112.03.

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

LSE:AXS' s Days Inventory Range Over the Past 10 Years
Min: 70.89   Med: 83.11   Max: 97.79
Current: 97.79

During the past 13 years, Accsys Technologies's highest Days Inventory was 97.79. The lowest was 70.89. And the median was 83.11.

LSE:AXS's Days Inventory is ranked worse than
57.91% of 278 companies
in the Forest Products industry
Industry Median: 88.235 vs LSE:AXS: 97.79

Accsys Technologies's Days Inventory declined from Sep. 2022 (116.09) to Sep. 2023 (112.03).

Inventory Turnover measures how fast the company turns over its inventory within a year. Accsys Technologies's Inventory Turnover for the six months ended in Sep. 2023 was 1.63.

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. Accsys Technologies's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.44.


Accsys Technologies Days Inventory Historical Data

The historical data trend for Accsys Technologies'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.

Accsys Technologies Days Inventory Chart

Accsys Technologies Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 88.87 87.47 81.72 70.89 84.11

Accsys Technologies Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 71.05 77.51 116.09 85.59 112.03

Competitive Comparison of Accsys Technologies's Days Inventory

For the Lumber & Wood Production subindustry, Accsys Technologies'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.


Accsys Technologies's Days Inventory Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Accsys Technologies's Days Inventory distribution charts can be found below:

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



Accsys Technologies Days Inventory Calculation

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

Accsys Technologies's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (17.028 + 26.419) / 2 ) / 94.268*365
=21.7235 / 94.268*365
=84.11

Accsys Technologies's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (26.419 + 27.432) / 2 ) / 43.863*365 / 2
=26.9255 / 43.863*365 / 2
=112.03

* 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.


Accsys Technologies  (LSE:AXS) 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.

Accsys Technologies's Inventory Turnover for the six months ended in Sep. 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.

Accsys Technologies's Inventory to Revenue for the six months ended in Sep. 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.


Accsys Technologies Days Inventory Related Terms

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


Accsys Technologies (LSE:AXS) Business Description

Address
3 Moorgate Place, 4th floor, London, GBR, EC2R 6EA
Accsys Technologies PLC is a chemical technology company focused on acetylation of wood. It is engaged in the development, commercialisation, and licensing of the associated proprietary technologies. Its product includes Accoya and Tricoya wood. The company offers Accoya wood for use in external doors, cladding/siding, decking, structural and civil engineering projects and Tricoya wood elements are used in window and door components, door skins, wet interiors, and wall linings. It generates maximum revenue through the sale of Accoya Woods. The maximum geographical areas of customers are from the UK and Ireland region.