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Amtech Systems (Amtech Systems) Days Inventory : 188.16 (As of Dec. 2023)


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What is Amtech Systems Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Amtech Systems's Average Total Inventories for the three months ended in Dec. 2023 was $34.4 Mil. Amtech Systems's Cost of Goods Sold for the three months ended in Dec. 2023 was $16.7 Mil. Hence, Amtech Systems's Days Inventory for the three months ended in Dec. 2023 was 188.16.

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

ASYS' s Days Inventory Range Over the Past 10 Years
Min: 93.95   Med: 140.24   Max: 187.65
Current: 150.17

During the past 13 years, Amtech Systems's highest Days Inventory was 187.65. The lowest was 93.95. And the median was 140.24.

ASYS's Days Inventory is ranked worse than
59.51% of 941 companies
in the Semiconductors industry
Industry Median: 131.06 vs ASYS: 150.17

Amtech Systems's Days Inventory increased from Dec. 2022 (184.92) to Dec. 2023 (188.16). It might indicate that Amtech Systems's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Amtech Systems's Inventory Turnover for the three months ended in Dec. 2023 was 0.48.

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. Amtech Systems's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.38.


Amtech Systems Days Inventory Historical Data

The historical data trend for Amtech Systems'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.

Amtech Systems Days Inventory Chart

Amtech Systems Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 124.90 154.86 141.72 129.97 141.59

Amtech Systems Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 184.92 146.08 161.54 127.29 188.16

Competitive Comparison of Amtech Systems's Days Inventory

For the Semiconductor Equipment & Materials subindustry, Amtech Systems'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.


Amtech Systems's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Amtech Systems's Days Inventory distribution charts can be found below:

* The bar in red indicates where Amtech Systems's Days Inventory falls into.



Amtech Systems Days Inventory Calculation

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

Amtech Systems's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

Days Inventory (A: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2022 ) + Total Inventories (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (25.488 + 34.845) / 2 ) / 77.763*365
=30.1665 / 77.763*365
=141.59

Amtech Systems'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
=( (34.845 + 34.03) / 2 ) / 16.701*365 / 4
=34.4375 / 16.701*365 / 4
=188.16

* 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.


Amtech Systems  (NAS:ASYS) 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.

Amtech Systems'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.

Amtech Systems'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.


Amtech Systems Days Inventory Related Terms

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


Amtech Systems (Amtech Systems) Business Description

Traded in Other Exchanges
Address
131 South Clark Drive, Tempe, AZ, USA, 85288
Amtech Systems Inc is a manufacturer of capital equipment, including thermal processing and wafer polishing, and related consumables used in fabricating semiconductor devices, such as silicon carbide (SiC) and silicon power chips, electronic assemblies, and light-emitting diodes (LEDs). the company has two segments; Semiconductor; it designs, manufactures, sells, and services thermal processing equipment and related controls for use by semiconductor manufacturers, and in electronics, automotive, and other industries; and Material and Substrate - it produces consumables and machinery for lapping (fine abrading) and polishing of materials, such as sapphire substrates, optical components, silicon wafers, numerous types of crystal materials, ceramics and metal components.
Executives
Robert C Daigle director C/O: ROGERS CORPORATION, ONE TECHNOLOGY DRIVE PO BOX 188, ROGERS CT 06263-0188
Robert M Averick director, 10 percent owner KOKINO LLC, 201 TRESSER BOULEVARD, 3RD FLOOR, STAMFORD CT 06901
Michael M Ludwig director C/O AMTECH SYSTEMS, INC., 131 S CLARK DRIVE, TEMPE AZ 85288
Michael Whang officer: Vice President of Operations 131 S CLARK DRIVE, TEMPE AZ 85281
Jong S Whang director, officer: Executive Chairman
Robert F King director C/O AMTECH SYSTEMS INC, 131 SOUTH CLARK DRIVE, TEMPE AZ 85281
Lisa Gibbs officer: VP & Chief Accounting Officer 131 S CLARK DRIVE, TEMPE AZ 85281
Robert T Hass officer: Interim CFO C/O AMTECH SYSTEMS INC, 131 SOUTH CLARK DRIVE, TEMPE AZ 85281
Cornice Fiduciary Management Llc 10 percent owner C/O WILLOW STREET GROUP, LLC, 270 W. PEARL AVENUE, SUITE 104, JACKSON WY 83001
Fokko Pentinga director, officer: President and CEO TEMPRESS SYSTEMS, B.V., RADEWEG 31, VAASSEN P7 8171 MD
Wansem Paul J Van Der director, officer: See Remarks 597 LOWELL ROAD, CONCORD MA 01742
Michael Garnreiter director 6735 E. GREENWAY PARKWAY, UNIT #2049, SCOTTSDALE AZ 85254
Sukesh Mohan director C/O EL CAMINO TECHNOLOGIES LLC, 6200 STONERIDGE MALL ROAD, SUITE 300, PLEASANTON CA 94588
Bradley Clark Anderson officer: Chief Financial Officer 131 SOUTH CLARK DRIVE, TEMPE AZ 85281
Goudena Egbert J. G. director 131 SOUTH CLARK DRIVE, TEMPE AZ 85281