SOLON AG fuer Solartechnik (LTS:0G3C) Days Inventory : 88.43 (As of Sep. 2011)

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What is SOLON AG fuer Solartechnik Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SOLON AG fuer Solartechnik's Average Total Inventories for the three months ended in Sep. 2011 was €119.0 Mil. SOLON AG fuer Solartechnik's Cost of Goods Sold for the three months ended in Sep. 2011 was €122.8 Mil. Hence, SOLON AG fuer Solartechnik's Days Inventory for the three months ended in Sep. 2011 was 88.43.

The historical rank and industry rank for SOLON AG fuer Solartechnik's Days Inventory or its related term are showing as below:

LTS:0G3C' s Days Inventory Range Over the Past 10 Years
Min: 48.76 Med: 101.84 Max: 2505.35
Current: 353.71

During the past 8 years, SOLON AG fuer Solartechnik's highest Days Inventory was 2505.35. The lowest was 48.76. And the median was 101.84.

LTS:0G3C's Days Inventory is not ranked
in the Semiconductors industry.
Industry Median: 130.435 vs LTS:0G3C: 353.71

SOLON AG fuer Solartechnik's Days Inventory increased from Sep. 2010 (81.08) to Sep. 2011 (88.43). It might indicate that SOLON AG fuer Solartechnik's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. SOLON AG fuer Solartechnik's Inventory Turnover for the three months ended in Sep. 2011 was 1.03.

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. SOLON AG fuer Solartechnik's Inventory-to-Revenue for the three months ended in Sep. 2011 was 1.10.

SOLON AG fuer Solartechnik Days Inventory Historical Data

The historical data trend for SOLON AG fuer Solartechnik'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.

SOLON AG fuer Solartechnik Days Inventory Chart

SOLON AG fuer Solartechnik Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Days Inventory

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90.05

113.74

86.25

146.33

70.19

SOLON AG fuer Solartechnik Quarterly Data
	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11
Days Inventory	Get a 7-Day Free Trial												81.08	65.05	118.85	103.13	88.43

Competitive Comparison of SOLON AG fuer Solartechnik's Days Inventory

For the Solar subindustry, SOLON AG fuer Solartechnik'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.

SOLON AG fuer Solartechnik's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, SOLON AG fuer Solartechnik's Days Inventory distribution charts can be found below:

* The bar in red indicates where SOLON AG fuer Solartechnik's Days Inventory falls into.

SOLON AG fuer Solartechnik Days Inventory Calculation

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

SOLON AG fuer Solartechnik's Days Inventory for the fiscal year that ended in Dec. 2010 is calculated as

	Days Inventory (A: Dec. 2010 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2009 )	+	Total Inventories (A: Dec. 2010 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2010 )	*	Days in Period
=	( (90.631	+	108.438)	/	2 )	/	517.629	*	365
=	99.5345					/	517.629	*	365
=	70.19

SOLON AG fuer Solartechnik's Days Inventory for the quarter that ended in Sep. 2011 is calculated as:

	Days Inventory (Q: Sep. 2011 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2011 )	+	Total Inventories (Q: Sep. 2011 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2011 )	*	Days in Period
=	( (142.03	+	95.984)	/	2 )	/	122.804	*	365 / 4
=	119.007					/	122.804	*	365 / 4
=	88.43

SOLON AG fuer Solartechnik (LTS:0G3C) 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.

SOLON AG fuer Solartechnik's Inventory Turnover for the three months ended in Sep. 2011 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	122.804	/	119.007
	=	1.03

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.

SOLON AG fuer Solartechnik's Inventory to Revenue for the three months ended in Sep. 2011 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	119.007	/	108.304
	=	1.10

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.

SOLON AG fuer Solartechnik Days Inventory Related Terms

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

SOLON AG fuer Solartechnik (LTS:0G3C) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » SOLON AG fuer Solartechnik (LTS:0G3C) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

3840 South Palo Verde, Suite 205, Tucson, AZ, USA, 85714

Website

http://www.solon.com

SOLON SE is a Germany-based manufacturer of solar modules and supplier of solar system technology. It produces and distributes solar modules, as well monocrystalline and polycrystalline solar cells to wholesalers and installers. It focuses on the construction of turnkey solar power plants on rooftops and on open fields, as well as the distribution of systems to project developers and utility companies.

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