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ACE Aviation Holdings (TSXV:ACE.H) Days Inventory : 0.00 (As of Sep. 2023)


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What is ACE Aviation Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ACE Aviation Holdings's Average Total Inventories for the three months ended in Sep. 2023 was C$0.00 Mil. ACE Aviation Holdings's Cost of Goods Sold for the three months ended in Sep. 2023 was C$0.00 Mil.

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

During the past 13 years, ACE Aviation Holdings's highest Days Inventory was 12.19. The lowest was 12.19. And the median was 12.19.

TSXV:ACE.H's Days Inventory is not ranked *
in the Transportation industry.
Industry Median: 11.57
* Ranked among companies with meaningful Days Inventory only.

ACE Aviation Holdings's Days Inventory stayed the same from Jun. 2022 (0.00) to Sep. 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.


ACE Aviation Holdings Days Inventory Historical Data

The historical data trend for ACE Aviation Holdings'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.

ACE Aviation Holdings Days Inventory Chart

ACE Aviation Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec18 Dec19 Dec20 Dec21
Days Inventory
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ACE Aviation Holdings Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Dec14 Dec18 Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23
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Competitive Comparison of ACE Aviation Holdings's Days Inventory

For the Airlines subindustry, ACE Aviation Holdings'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.


ACE Aviation Holdings's Days Inventory Distribution in the Transportation Industry

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

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



ACE Aviation Holdings Days Inventory Calculation

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

ACE Aviation Holdings's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

ACE Aviation Holdings'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: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 4
=0 / 0*365 / 4
=N/A

* 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.


ACE Aviation Holdings  (TSXV:ACE.H) 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.

ACE Aviation Holdings's Inventory Turnover for the three 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.

ACE Aviation Holdings's Inventory to Revenue for the three 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.


ACE Aviation Holdings Days Inventory Related Terms

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


ACE Aviation Holdings (TSXV:ACE.H) Business Description

Traded in Other Exchanges
N/A
Address
1155 Rene-Levesque Boulevard West, 40th Floor, Montreal, QC, CAN, H3B 3V2
ACE Aviation Holdings Inc is an investment holding company that currently holds shares and warrants of Air Canada. It has shed its other businesses and is actively considering new investments or returning cash to shareholders.

ACE Aviation Holdings (TSXV:ACE.H) Headlines

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