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ASII (Accredited Solutions) Days Inventory : 0.00 (As of Sep. 2024)


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What is Accredited Solutions Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Accredited Solutions's Average Total Inventories for the three months ended in Sep. 2024 was $0.00 Mil. Accredited Solutions's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.19 Mil. Hence, Accredited Solutions's Days Inventory for the three months ended in Sep. 2024 was 0.00.

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

During the past 13 years, Accredited Solutions's highest Days Inventory was 449.61. The lowest was 231.45. And the median was 340.53.

ASII's Days Inventory is not ranked *
in the Beverages - Non-Alcoholic industry.
Industry Median: 71.145
* Ranked among companies with meaningful Days Inventory only.

Accredited Solutions's Days Inventory stayed the same from Sep. 2023 (0.00) to Sep. 2024 (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. Accredited Solutions's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.00.


Accredited Solutions Days Inventory Historical Data

The historical data trend for Accredited Solutions'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.

Accredited Solutions Days Inventory Chart

Accredited Solutions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 449.61 231.45 - - -

Accredited Solutions Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - - -

Competitive Comparison of Accredited Solutions's Days Inventory

For the Beverages - Non-Alcoholic subindustry, Accredited Solutions'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.


Accredited Solutions's Days Inventory Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Accredited Solutions's Days Inventory distribution charts can be found below:

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


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Accredited Solutions Days Inventory Calculation

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

Accredited Solutions's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0.551*365
=0 / 0.551*365
=0.00

Accredited Solutions's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0.19*365 / 4
=0 / 0.19*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.


Accredited Solutions  (OTCPK:ASII) 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.

Accredited Solutions's Inventory Turnover for the three months ended in Sep. 2024 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.

Accredited Solutions's Inventory to Revenue for the three months ended in Sep. 2024 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.


Accredited Solutions Days Inventory Related Terms

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


Accredited Solutions Business Description

Traded in Other Exchanges
N/A
Address
20311 Chartwell Center Drive, Suite 1469, Cornelius, NC, USA, 28031
Accredited Solutions Inc is engaged in providing high alkaline natural spring water through the Diamond Creek brand.
Executives
Alessi William Rosario Jr director, officer: Chief Executive Officer 20311 CHARTWELL CENTER DR., STE. 1469, CORNELIUS NC 28031
Christopher Phillip Chumas director 7018 BROOKSTONE LANE, INDIAN LAND SC 29707
Daniel M. Ferris director, 10 percent owner, officer: President, Sec'y & Treasurer 98 REDCLIFFE GARDEN, FLAT 3, LONDON X0 SW109HH
John Graham Rhoden 10 percent owner 15 VICTORIAN CRESCENT, TOWN MOOR, SOUTH YORKSHIRE, DONCASTER X0 DN2 58P