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Aerkomm (Aerkomm) Days Inventory : 4,616.57 (As of Sep. 2023)


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What is Aerkomm Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aerkomm's Average Total Inventories for the three months ended in Sep. 2023 was $1.37 Mil. Aerkomm's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.03 Mil. Hence, Aerkomm's Days Inventory for the three months ended in Sep. 2023 was 4,616.57.

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

AKOM' s Days Inventory Range Over the Past 10 Years
Min: 121.23   Med: 238.79   Max: 1051.88
Current: 1051.88

During the past 10 years, Aerkomm's highest Days Inventory was 1051.88. The lowest was 121.23. And the median was 238.79.

AKOM's Days Inventory is ranked worse than
98.79% of 2405 companies
in the Hardware industry
Industry Median: 103.88 vs AKOM: 1051.88

Aerkomm's Days Inventory increased from Sep. 2022 (0.00) to Sep. 2023 (4,616.57). It might indicate that Aerkomm's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aerkomm's Inventory Turnover for the three months ended in Sep. 2023 was 0.02.

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. Aerkomm's Inventory-to-Revenue for the three months ended in Sep. 2023 was 22.03.


Aerkomm Days Inventory Historical Data

The historical data trend for Aerkomm'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.

Aerkomm Days Inventory Chart

Aerkomm Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 121.23 452.40 - 238.79 -

Aerkomm Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - - 278.85 - 4,616.57

Competitive Comparison of Aerkomm's Days Inventory

For the Communication Equipment subindustry, Aerkomm'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.


Aerkomm's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Aerkomm's Days Inventory distribution charts can be found below:

* The bar in red indicates where Aerkomm's Days Inventory falls into.



Aerkomm Days Inventory Calculation

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

Aerkomm's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (1.366 + 1.366) / 2 ) / 0*365
=1.366 / 0*365
=N/A

Aerkomm's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (1.366 + 1.366) / 2 ) / 0.027*365 / 4
=1.366 / 0.027*365 / 4
=4,616.57

* 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.


Aerkomm  (OTCPK:AKOM) 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.

Aerkomm's Inventory Turnover for the three months ended in Sep. 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.

Aerkomm's Inventory to Revenue for the three months ended in Sep. 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.


Aerkomm Days Inventory Related Terms

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


Aerkomm (Aerkomm) Business Description

Traded in Other Exchanges
Address
44043 Fremont Boulevard, Fremont, CA, USA, 94538
Aerkomm Inc is an us-based service provider of in-flight connectivity and entertainment (IFEC) solutions intended to provide airline passengers with a broadband in-flight experience that encompasses a wide range of service options. Its services include Wi-Fi, cellular, movies, gaming, live TV, and music. The company also focuses on providing related content management services and onboard e-commerce solutions such as Connectivity Solutions, Content Solutions, Black Box Live, AirCinema, and others.
Executives
Leroy Yau 10 percent owner UNIT 1601, BLOCK A, VILLA ROCHA, HAPPY VALLEY K3 00000
World Praise Ltd 10 percent owner C/O VISTRA CORPORATION SERVICES CENTER, GROUND FLOOR NFP BUILDING, BEACH ROAD, APIA Y0 00000
Richmond Akumiah director 4 TUNISON LANE, BRIDGEWATER NJ 08807
Yuyun Tristan Kuo officer: Chief Financial Officer 85 SOUTH BRAGG STREET, SUITE 600, ALEXANDRIA VA 22312
Well Thrive Ltd 10 percent owner NO. 79, HENG YANG ROAD, TAIPEI F5 100
Sheng-chun Chang 10 percent owner NO. 79, HENG YANG ROAD, TAIPEI F5 100
Jeffrey Wun director, 10 percent owner, officer: CEO, President and Chairman C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451
Chih-ming Hsu director C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451
James J. Busuttil director C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451
Lim Colin director C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451
Raymond Choy director C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451
Jan-yuan Lin director C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451
Dmedia Llc 10 percent owner C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451
Dmedia Holding Lp 10 percent owner C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451