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Applied Optoelectronics (Applied Optoelectronics) Days Inventory : 154.32 (As of Dec. 2023)


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What is Applied Optoelectronics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Applied Optoelectronics's Average Total Inventories for the three months ended in Dec. 2023 was $65.7 Mil. Applied Optoelectronics's Cost of Goods Sold for the three months ended in Dec. 2023 was $38.8 Mil. Hence, Applied Optoelectronics's Days Inventory for the three months ended in Dec. 2023 was 154.32.

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

AAOI' s Days Inventory Range Over the Past 10 Years
Min: 107.77   Med: 165.58   Max: 224.9
Current: 159.86

During the past 13 years, Applied Optoelectronics's highest Days Inventory was 224.90. The lowest was 107.77. And the median was 165.58.

AAOI's Days Inventory is ranked worse than
70.69% of 2405 companies
in the Hardware industry
Industry Median: 104.01 vs AAOI: 159.86

Applied Optoelectronics's Days Inventory increased from Dec. 2022 (143.36) to Dec. 2023 (154.32). It might indicate that Applied Optoelectronics's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Applied Optoelectronics's Inventory Turnover for the three months ended in Dec. 2023 was 0.59.

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. Applied Optoelectronics's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.09.


Applied Optoelectronics Days Inventory Historical Data

The historical data trend for Applied Optoelectronics'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.

Applied Optoelectronics Days Inventory Chart

Applied Optoelectronics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 224.90 193.75 213.01 166.11 165.05

Applied Optoelectronics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 143.36 156.16 184.72 144.13 154.32

Competitive Comparison of Applied Optoelectronics's Days Inventory

For the Communication Equipment subindustry, Applied Optoelectronics'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.


Applied Optoelectronics's Days Inventory Distribution in the Hardware Industry

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

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



Applied Optoelectronics Days Inventory Calculation

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

Applied Optoelectronics'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
=( (79.679 + 63.866) / 2 ) / 158.725*365
=71.7725 / 158.725*365
=165.05

Applied Optoelectronics's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (67.533 + 63.866) / 2 ) / 38.849*365 / 4
=65.6995 / 38.849*365 / 4
=154.32

* 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.


Applied Optoelectronics  (NAS:AAOI) 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.

Applied Optoelectronics'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.

Applied Optoelectronics'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.


Applied Optoelectronics Days Inventory Related Terms

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


Applied Optoelectronics (Applied Optoelectronics) Business Description

Traded in Other Exchanges
Address
13139 Jess Pirtle Boulevard, Sugar Land, TX, USA, 77478
Applied Optoelectronics Inc is a provider of fiber-optic networking products for the Internet data center, cable television, telecommunications and fiber-to-the-home end markets. The company focuses on designing and manufacturing a range of optical communication products from components, to subassemblies, and modules to complete turn-key equipment. Demand for Applied Optoelectronics is driven by bandwidth demand in end markets. Through direct sales personnel, and manufacturing teams in the United States, China, and Taiwan, the company coordinates with customers to determine product design, qualifications, and performance.
Executives
Stefan J. Murry officer: Chief Strategy Officer 13139 JESS PIRTLE BLVD., SUGAR LAND TX 77478
Shu-hua (joshua) Yeh officer: ** See below 13139 JESS PIRTLE BLVD., SUGAR LAND TX 77478
Chih-hsiang (thompson) Lin director, officer: Pres. and CEO 13139 JESS PIRTLE BLVD., SUGAR LAND TX 77478
William H Yeh director 13139 JESS PIRTLE BLVD., SUGAR LAND TX 77478
David C Kuo officer: General Counsel and Secretary 13139 JESS PIRTLE BLVD., SUGAR LAND TX 77478
Hung-lun (fred) Chang officer: See Remarks Below ** 13139 JESS PIRTLE BLVD., SUGAR LAND TX 77478
Cynthia Delaney director 13139 JESS PIRTLE BLVD, SUGAR LAND TX 77478
Chewei Lin director 13115 JESS PIRTIE BLVD, SUGAR LAND TX 77478
Elizabeth G Loboa director 13139 JESS PIRTLE BLVD, SUGAR LAND TX 77478
Richard B Black director
Alan D Moore director 12231 CROSS CREEK, DALLAS TX 75243
Min-chu (mike) Chen director 13139 JESS PIRTLE BLVD., SUGAR LAND TX 77478
Klaus Alexander Anselm officer: VP of Semiconductor Products 13115 JESS PIRTLE BLVD., SUGAR LAND TX 77478
Chung-yao (ford) Li officer: Sr. VP, Asia General Manager 13115 JESS PIRTLE BLVD., SUGAR LAND TX 77478
Alex Ignatiev director 13139 JESS PIRTLE BLVD., SUGAR LAND TX 77478