Acer Synergy Tech (ROCO:6751) Days Inventory : 3.25 (As of Mar. 2024)

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What is Acer Synergy Tech Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Acer Synergy Tech's Average Total Inventories for the three months ended in Mar. 2024 was NT$12 Mil. Acer Synergy Tech's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$346 Mil. Hence, Acer Synergy Tech's Days Inventory for the three months ended in Mar. 2024 was 3.25.

The historical rank and industry rank for Acer Synergy Tech's Days Inventory or its related term are showing as below:

ROCO:6751' s Days Inventory Range Over the Past 10 Years
Min: 4.44 Med: 11.54 Max: 144.15
Current: 4.44

During the past 7 years, Acer Synergy Tech's highest Days Inventory was 144.15. The lowest was 4.44. And the median was 11.54.

ROCO:6751's Days Inventory is ranked better than
72.77% of 1561 companies
in the Software industry
Industry Median: 19.5 vs ROCO:6751: 4.44

Acer Synergy Tech's Days Inventory declined from Mar. 2023 (10.20) to Mar. 2024 (3.25).

Inventory Turnover measures how fast the company turns over its inventory within a year. Acer Synergy Tech's Inventory Turnover for the three months ended in Mar. 2024 was 28.06.

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. Acer Synergy Tech's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.03.

Acer Synergy Tech Days Inventory Historical Data

The historical data trend for Acer Synergy Tech'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.

Acer Synergy Tech Days Inventory Chart

Acer Synergy Tech Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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18.00

18.63

9.03

11.54

6.25

Acer Synergy Tech Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															10.20	6.90	3.30	2.51	3.25

Competitive Comparison of Acer Synergy Tech's Days Inventory

For the Information Technology Services subindustry, Acer Synergy Tech'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.

Acer Synergy Tech's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Acer Synergy Tech's Days Inventory distribution charts can be found below:

* The bar in red indicates where Acer Synergy Tech's Days Inventory falls into.

Acer Synergy Tech Days Inventory Calculation

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

Acer Synergy Tech's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (39.05	+	9.332)	/	2 )	/	1411.662	*	365
=	24.191					/	1411.662	*	365
=	6.25

Acer Synergy Tech's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (9.332	+	15.359)	/	2 )	/	346.392	*	365 / 4
=	12.3455					/	346.392	*	365 / 4
=	3.25

Acer Synergy Tech (ROCO:6751) 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.

Acer Synergy Tech's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	346.392	/	12.3455
	=	28.06

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.

Acer Synergy Tech's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	12.3455	/	400.174
	=	0.03

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.

Acer Synergy Tech Days Inventory Related Terms

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

Acer Synergy Tech (ROCO:6751) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Acer Synergy Tech Corp (ROCO:6751) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 33, Huanke 1st Road, 302, Floor 6, Hsinchu County, Zhubei, TWN, 302

Website

https://www.acer-ast.com

Acer Synergy Tech Corp is a provider of IT solutions. It offers services to small and medium-sized businesses and large enterprises. Its services include enterprise architecture planning; information system integration service; information infrastructure maintenance; and information manpower outsourcing service.

Acer Synergy Tech (ROCO:6751) Headlines

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