GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Actions Semiconductor Co Ltd (NAS:ACTS) » Definitions » Days Inventory

Actions Semiconductor Co (Actions Semiconductor Co) Days Inventory

: 93.99 (As of Jun. 2016)
View and export this data going back to 2005. Start your Free Trial

Days Inventory is also known as Days Sales of Inventory (DSI). Actions Semiconductor Co's Average Total Inventories for the three months ended in Jun. 2016 was $12.06 Mil. Actions Semiconductor Co's Cost of Goods Sold for the three months ended in Jun. 2016 was $11.71 Mil. Hence, Actions Semiconductor Co's Days Inventory for the three months ended in Jun. 2016 was 93.99.

The historical rank and industry rank for Actions Semiconductor Co's Days Inventory or its related term are showing as below:

ACTS's Days Inventory is not ranked *
in the Semiconductors industry.
Industry Median: 131.81
* Ranked among companies with meaningful Days Inventory only.

Actions Semiconductor Co's Days Inventory declined from Jun. 2015 (137.09) to Jun. 2016 (93.99).

Inventory Turnover measures how fast the company turns over its inventory within a year. Actions Semiconductor Co's Inventory Turnover for the three months ended in Jun. 2016 was 0.97.

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. Actions Semiconductor Co's Inventory-to-Revenue for the three months ended in Jun. 2016 was 0.87.


Actions Semiconductor Co Days Inventory Historical Data

The historical data trend for Actions Semiconductor Co'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.

Actions Semiconductor Co Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 77.47 101.14 122.73 135.30 123.88

Actions Semiconductor Co Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 137.09 153.78 123.63 141.25 93.99

Competitive Comparison

For the Semiconductors subindustry, Actions Semiconductor Co'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.


Actions Semiconductor Co Days Inventory Distribution

For the Semiconductors industry and Technology sector, Actions Semiconductor Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Actions Semiconductor Co's Days Inventory falls into.



Actions Semiconductor Co Days Inventory Calculation

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

Actions Semiconductor Co's Days Inventory for the fiscal year that ended in Dec. 2015 is calculated as

Days Inventory (A: Dec. 2015 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2014 ) + Total Inventories (A: Dec. 2015 )) / count ) / Cost of Goods Sold (A: Dec. 2015 )*Days in Period
=( (13.97 + 12.076) / 2 ) / 38.372*365
=13.023 / 38.372*365
=123.88

Actions Semiconductor Co's Days Inventory for the quarter that ended in Jun. 2016 is calculated as:

Days Inventory (Q: Jun. 2016 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2016 ) + Total Inventories (Q: Jun. 2016 )) / count ) / Cost of Goods Sold (Q: Jun. 2016 )*Days in Period
=( (11.952 + 12.172) / 2 ) / 11.71*365 / 4
=12.062 / 11.71*365 / 4
=93.99

* 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.


Actions Semiconductor Co  (NAS:ACTS) 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.

Actions Semiconductor Co's Inventory Turnover for the three months ended in Jun. 2016 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.

Actions Semiconductor Co's Inventory to Revenue for the three months ended in Jun. 2016 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.


Actions Semiconductor Co Days Inventory Related Terms

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


Actions Semiconductor Co (Actions Semiconductor Co) Business Description

Traded in Other Exchanges
N/A
Address
Actions Semiconductor Co Ltd an exempted company incorporated under the Companies Law (2013 Revision), as amended, of the Cayman Islands on July 27, 2005. The Company is a fabless semiconductor company that designs, develops and markets integrated platform solutions, including SoCs, firmware, software development tools and reference designs, for manufacturers of portable media players and smart handheld devices such as tablets. It provides integrated platform solutions to tablet and portable media player manufacturers, brand owners and value-added distributors that enable them to accelerate the time-to-market for their products. Its integrated platform solutions, which comprise SoCs, firmware, software development tools and reference designs, obviate the need for its customers to invest in costly and time-consuming internal firmware and software development for their products, or to source them from multiple suppliers. The Company's network of third-party value-added distributors and applications developers enable its customers to quickly introduce products with differentiated features and to cost-effectively customize its solutions. Its mixed-signal design capabilities allows it to integrate analog and digital components using a compact system architecture in its portable media player SoCs, and enable its customers to reduce their overall costs and produce smaller, more power-efficient portable products. The Company's proximity to the China-based manufacturers of tablets and portable media players and presence in the rapidly evolving China market for tablets and portable media players enables the Company to identify market trends and align its product development efforts with these market trends. The Company's research and development efforts during 2011, 2012 and 2013 focused principally on: (i) the development of tablets solutions and applications including ATM7029, ATM7021 and ATM7039, (ii) the improvement of traditional portable media player and boombox solutions including ATJ331X/AK211X/ATJ212X series, ATJ225X/ATJ227X series and ATS25XX/ATS26XX series. The Company faces competition from SoC platform providers such as ALi, AllWinner, Amlogic, Anyka, BestRely, Buildwin, Freescale, General Plus, Infotmic, Ingenic, Intel, JieLI, MVSilicon, Rockchips, Vmicro and WonderMedia. As it diversifies and expands its product categories, it may also face competition from other semiconductor companies and manufacturers of consumer electronics and mobile devices.
Executives
Paul Hsiao director 1119 ST PAUL STREET BALTIMORE MD 21202

Actions Semiconductor Co (Actions Semiconductor Co) Headlines

From GuruFocus

Actions Semiconductor: Time to Take Action

By Mark Lin Mark Lin 11-12-2012

Microcap Investing Series: The Evolution of a Value Stock

By John Emerson John Emerson 04-22-2011

Spotlight on Value: Actions Semiconductor

By John Emerson John Emerson 10-03-2011

How to Take Advantage of the January Effect

By John Emerson John Emerson 11-29-2011

An Interesting Net-Net opportunity

By Rajeev Agr Rajeev Agr 06-26-2011