Days Inventory is also known as Days Sales of Inventory (DSI). ACM Research's Average Total Inventories for the
three
months ended in Dec. 2023 was $526.4 Mil. ACM Research's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $91.2 Mil.
Hence, ACM Research's Days Inventory for the
three
months ended in Dec. 2023 was 526.44.
The historical rank and industry rank for ACM Research's Days Inventory or its related term are showing as below:
ACMR'
s Days Inventory Range Over the Past 10 Years
Min: 195.39 Med: 270.49 Max: 619.87
Current: 619.87
During the past 9 years, ACM Research's highest Days Inventory was 619.87. The lowest was 195.39. And the median was 270.49.
ACMR's Days Inventory is ranked worse than 95.64% of 941
companies
in the Semiconductors industry
Industry Median: 130.7
vs ACMR: 619.87
ACM Research's Days Inventory
declined
from Dec. 2022 (600.95) to Dec. 2023 (526.44).
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
ACM Research's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.17.
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.
ACM Research's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 3.09.
ACM Research Days Inventory Historical Data
The historical data trend for ACM Research'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 ACM Research's Days Inventory
For the Semiconductor Equipment & Materials subindustry, ACM Research'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.
ACM Research's Days Inventory Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, ACM Research's Days Inventory distribution charts can be found below:
* The bar in red indicates where ACM Research's Days Inventory falls into.
ACM Research Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
ACM Research'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.
ACM Research (NAS:ACMR) 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.
ACM Research'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.
ACM Research'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.
ACM Research Days Inventory Related Terms
Thank you for viewing the detailed overview of ACM Research's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
ACM Research Inc is an us-based company. It is engaged in developing, manufacturing, and selling single-wafer wet cleaning equipment, which is used by semiconductor manufacturers in numerous manufacturing steps to remove particles, contaminants, and other random defects to improve product yield, in fabricating integrated circuits, or chips. The company offers space alternated phase shift which employs alternating phases of megasonic waves to deliver megasonic energy to flat and patterned wafer surfaces on a microscopic level; and Timely Energized Bubble Oscillation technology which provides effective, damage-free cleaning for both conventional two and three-dimensional patterned wafers at process nodes.
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