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Alithya Group (TSX:ALYA) Days Inventory : 0.00 (As of Dec. 2023)


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What is Alithya Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Alithya Group's Average Total Inventories for the three months ended in Dec. 2023 was C$0.0 Mil. Alithya Group's Cost of Goods Sold for the three months ended in Dec. 2023 was C$82.8 Mil. Hence, Alithya Group's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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

TSX:ALYA's Days Inventory is not ranked *
in the Software industry.
Industry Median: 18.99
* Ranked among companies with meaningful Days Inventory only.

Alithya Group's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Alithya Group's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.


Alithya Group Days Inventory Historical Data

The historical data trend for Alithya Group'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.

Alithya Group Days Inventory Chart

Alithya Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
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Alithya Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Alithya Group's Days Inventory

For the Information Technology Services subindustry, Alithya Group'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.


Alithya Group's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Alithya Group's Days Inventory distribution charts can be found below:

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



Alithya Group Days Inventory Calculation

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

Alithya Group'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
=( (0 + 0) / 1 ) / 370.927*365
=0 / 370.927*365
=0.00

Alithya Group'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 82.819*365 / 4
=0 / 82.819*365 / 4
=0.00

* 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.


Alithya Group  (TSX:ALYA) 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.

Alithya Group's Inventory Turnover for the three months ended in Dec. 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.

Alithya Group's Inventory to Revenue for the three months ended in Dec. 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.


Alithya Group Days Inventory Related Terms

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


Alithya Group (TSX:ALYA) Business Description

Traded in Other Exchanges
Address
1100 Robert-Bourassa Boulevard, Suite 400, Montreal, QC, CAN, H3B 3A5
Alithya Group Inc is a leader in Strategy and digital transformation, with professionals in Canada, us, and Europe. Its integrated offering is laid out as follows: Strategy, custom solutions, Microsoft solutions, and Oracle solutions. Clients entrust the company with their strategic projects across Banking, Investment and Insurance, Energy, Manufacturing, Retail and Distribution, Telecommunications, Transportation, Professional Services, Healthcare, and Government sectors. Geographically, it derives a majority of its revenue from Canada. The company's services include digital transformation, enterprise technology, solution development, project management, infrastructure management, and others.
Executives
Ghyslain Rivard 10% Security Holder, Director
Dany Paradis Senior Officer

Alithya Group (TSX:ALYA) Headlines

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