Days Inventory is also known as Days Sales of Inventory (DSI). Ascent Solar Technologies's Average Total Inventories for the
three
months ended in Dec. 2023 was $0.54 Mil. Ascent Solar Technologies's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $0.07 Mil.
Hence, Ascent Solar Technologies's Days Inventory for the
three
months ended in Dec. 2023 was 686.28.
The historical rank and industry rank for Ascent Solar Technologies's Days Inventory or its related term are showing as below:
ASTI'
s Days Inventory Range Over the Past 10 Years
Min: 102.44 Med: 213.67 Max: 1113.77
Current: 111.41
During the past 13 years, Ascent Solar Technologies's highest Days Inventory was 1113.77. The lowest was 102.44. And the median was 213.67.
ASTI's Days Inventory is ranked better than 58.34% of 941
companies
in the Semiconductors industry
Industry Median: 131.11
vs ASTI: 111.41
Ascent Solar Technologies's Days Inventory
increased
from Dec. 2022 (120.46) to Dec. 2023 (686.28).
It might indicate that Ascent Solar Technologies's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Ascent Solar Technologies's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.13.
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.
Ascent Solar Technologies's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 180.50.
Ascent Solar Technologies Days Inventory Historical Data
The historical data trend for Ascent Solar 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.
Competitive Comparison of Ascent Solar Technologies's Days Inventory
For the Solar subindustry, Ascent Solar 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.
Ascent Solar Technologies's Days Inventory Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, Ascent Solar Technologies's Days Inventory distribution charts can be found below:
* The bar in red indicates where Ascent Solar Technologies's Days Inventory falls into.
Ascent Solar Technologies Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Ascent Solar 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.
Ascent Solar Technologies (NAS:ASTI) 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.
Ascent Solar 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.
Ascent Solar 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.
Ascent Solar Technologies Days Inventory Related Terms
Thank you for viewing the detailed overview of Ascent Solar Technologies's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Ascent Solar Technologies (Ascent Solar Technologies) Business Description
Ascent Solar Technologies Inc is engaged in the manufacturing and selling of photovoltaic products (PV) solar modules that are flexible, durable, and possess attractive power-to-weight and power-to-area performance. The company is integrating its PV products into scalable and high-value markets such as agrivoltaics, aerospace, satellites, near-earth orbiting vehicles, and fixed-wing unmanned aerial vehicles (UAV). Ascent is also working to expand its portable solar chargers, such as the XD-12. The company markets and sells its products through OEMs, system integrators, distributors, retailers, and e-commerce companies.
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