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Advanced Vision Technology (Advanced Vision Technology) Days Inventory : 94.07 (As of Dec. 2016)


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What is Advanced Vision Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Advanced Vision Technology's Average Total Inventories for the three months ended in Dec. 2016 was $7.36 Mil. Advanced Vision Technology's Cost of Goods Sold for the three months ended in Dec. 2016 was $7.14 Mil. Hence, Advanced Vision Technology's Days Inventory for the three months ended in Dec. 2016 was 94.07.

The historical rank and industry rank for Advanced Vision Technology's Days Inventory or its related term are showing as below:

AVSIF's Days Inventory is not ranked *
in the Industrial Products industry.
Industry Median: 120.85
* Ranked among companies with meaningful Days Inventory only.

Advanced Vision Technology's Days Inventory declined from Dec. 2015 (99.73) to Dec. 2016 (94.07).

Inventory Turnover measures how fast the company turns over its inventory within a year. Advanced Vision Technology's Inventory Turnover for the three months ended in Dec. 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. Advanced Vision Technology's Inventory-to-Revenue for the three months ended in Dec. 2016 was 0.48.


Advanced Vision Technology Days Inventory Historical Data

The historical data trend for Advanced Vision Technology'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.

Advanced Vision Technology Days Inventory Chart

Advanced Vision Technology Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 100.77 90.12 82.50 98.85 96.42

Advanced Vision Technology Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 99.73 110.36 94.72 98.87 94.07

Competitive Comparison of Advanced Vision Technology's Days Inventory

For the Specialty Industrial Machinery subindustry, Advanced Vision Technology'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.


Advanced Vision Technology's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Advanced Vision Technology's Days Inventory distribution charts can be found below:

* The bar in red indicates where Advanced Vision Technology's Days Inventory falls into.



Advanced Vision Technology Days Inventory Calculation

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

Advanced Vision Technology's Days Inventory for the fiscal year that ended in Dec. 2016 is calculated as

Days Inventory (A: Dec. 2016 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2015 ) + Total Inventories (A: Dec. 2016 )) / count ) / Cost of Goods Sold (A: Dec. 2016 )*Days in Period
=( (7.136 + 7.433) / 2 ) / 27.575*365
=7.2845 / 27.575*365
=96.42

Advanced Vision Technology's Days Inventory for the quarter that ended in Dec. 2016 is calculated as:

Days Inventory (Q: Dec. 2016 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2016 ) + Total Inventories (Q: Dec. 2016 )) / count ) / Cost of Goods Sold (Q: Dec. 2016 )*Days in Period
=( (7.288 + 7.433) / 2 ) / 7.14*365 / 4
=7.3605 / 7.14*365 / 4
=94.07

* 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.


Advanced Vision Technology  (OTCPK:AVSIF) 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.

Advanced Vision Technology's Inventory Turnover for the three months ended in Dec. 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.

Advanced Vision Technology's Inventory to Revenue for the three months ended in Dec. 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.


Advanced Vision Technology Days Inventory Related Terms

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


Advanced Vision Technology (Advanced Vision Technology) Business Description

Traded in Other Exchanges
N/A
Address
Advanced Vision Technology Ltd. designs, develops, manufactures and markets video based print inspection systems, as well as CLC systems, color management and reporting softwares and remote digital ink foundation systems for print market.

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