Days Inventory is also known as Days Sales of Inventory (DSI). Axcelis Technologies's Average Total Inventories for the
three
months ended in Dec. 2023 was $309 Mil. Axcelis Technologies's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $172 Mil.
Hence, Axcelis Technologies's Days Inventory for the
three
months ended in Dec. 2023 was 163.75.
The historical rank and industry rank for Axcelis Technologies's Days Inventory or its related term are showing as below:
ACLS'
s Days Inventory Range Over the Past 10 Years
Min: 154.04 Med: 184.1 Max: 274.47
Current: 162.49
During the past 13 years, Axcelis Technologies's highest Days Inventory was 274.47. The lowest was 154.04. And the median was 184.10.
ACLS's Days Inventory is ranked worse than 63.66% of 941
companies
in the Semiconductors industry
Industry Median: 132.01
vs ACLS: 162.49
Axcelis Technologies's Days Inventory
increased
from Dec. 2022 (136.68) to Dec. 2023 (163.75).
It might indicate that Axcelis Technologies's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Axcelis Technologies's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.56.
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.
Axcelis Technologies's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 1.00.
Axcelis Technologies Days Inventory Historical Data
The historical data trend for Axcelis 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.
For the Semiconductor Equipment & Materials subindustry, Axcelis 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.
Axcelis Technologies Days Inventory Distribution
For the Semiconductors industry and Technology sector, Axcelis Technologies's Days Inventory distribution charts can be found below:
* The bar in red indicates where Axcelis Technologies's Days Inventory falls into.
Axcelis Technologies Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Axcelis Technologies's Days Inventory for the fiscal year that 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.
Axcelis Technologies (NAS:ACLS) 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.
Axcelis Technologies'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.
Axcelis Technologies'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.
Axcelis Technologies Days Inventory Related Terms
Thank you for viewing the detailed overview of Axcelis Technologies's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Axcelis Technologies (Axcelis Technologies) Business Description
Axcelis Technologies Inc designs, manufactures and services ion implantation and other processing equipment used in the fabrication of semiconductor chips. In addition to equipment, the company provide aftermarket lifecycle products and services, including used tools, spare parts, equipment upgrades, maintenance services and customer training. Geographically, the group has a business presence in North America, Asia Pacific and Europe, of which key revenue is derived from the Asia Pacific.
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