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Signature Aviation (LSE:BBAF) Days Inventory : 10.88 (As of Dec. 2020)


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What is Signature Aviation Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Signature Aviation's Average Total Inventories for the six months ended in Dec. 2020 was £25 Mil. Signature Aviation's Cost of Goods Sold for the six months ended in Dec. 2020 was £415 Mil. Hence, Signature Aviation's Days Inventory for the six months ended in Dec. 2020 was 10.88.

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

LSE:BBAF' s Days Inventory Range Over the Past 10 Years
Min: 11.19   Med: 47.03   Max: 60.58
Current: 11.19

During the past 13 years, Signature Aviation's highest Days Inventory was 60.58. The lowest was 11.19. And the median was 47.03.

LSE:BBAF's Days Inventory is not ranked
in the Transportation industry.
Industry Median: 11.46 vs LSE:BBAF: 11.19

Signature Aviation's Days Inventory declined from Dec. 2019 (18.27) to Dec. 2020 (10.88).

Inventory Turnover measures how fast the company turns over its inventory within a year. Signature Aviation's Inventory Turnover for the six months ended in Dec. 2020 was 16.77.

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. Signature Aviation's Inventory-to-Revenue for the six months ended in Dec. 2020 was 0.05.


Signature Aviation Days Inventory Historical Data

The historical data trend for Signature Aviation'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.

Signature Aviation Days Inventory Chart

Signature Aviation Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.36 62.74 36.31 16.35 12.45

Signature Aviation Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20
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 21.08 24.81 18.27 10.47 10.88

Competitive Comparison of Signature Aviation's Days Inventory

For the Airports & Air Services subindustry, Signature Aviation'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.


Signature Aviation's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Signature Aviation's Days Inventory distribution charts can be found below:

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



Signature Aviation Days Inventory Calculation

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

Signature Aviation's Days Inventory for the fiscal year that ended in Dec. 2020 is calculated as

Days Inventory (A: Dec. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (33.572 + 26.189) / 2 ) / 875.688*365
=29.8805 / 875.688*365
=12.45

Signature Aviation's Days Inventory for the quarter that ended in Dec. 2020 is calculated as:

Days Inventory (Q: Dec. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2020 ) + Total Inventories (Q: Dec. 2020 )) / count ) / Cost of Goods Sold (Q: Dec. 2020 )*Days in Period
=( (23.251 + 26.189) / 2 ) / 414.631*365 / 2
=24.72 / 414.631*365 / 2
=10.88

* 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.


Signature Aviation  (LSE:BBAF) 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.

Signature Aviation's Inventory Turnover for the six months ended in Dec. 2020 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.

Signature Aviation's Inventory to Revenue for the six months ended in Dec. 2020 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.


Signature Aviation Days Inventory Related Terms

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


Signature Aviation (LSE:BBAF) Business Description

Traded in Other Exchanges
N/A
Address
105 Wigmore Street, London, GBR, W1U 1QY
Signature Aviation is a United Kingdom-based global aviation support and aftermarket services provider that focuses on servicing the business and general aviation market. The group, including Signature FBO, TechnicAir, and Epic fuels, provides full-service flight and home-base support through the fixed-base operation network for business and general aviation users. The company operates through three segments: owner operators, fractional owner operators, and charter operators. Epic provides fuel and fuel-related services at fixed-base networks across North America, including fuel purchasing cards and transaction processing. The company generates most of its revenue in North America.

Signature Aviation (LSE:BBAF) Headlines

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