Days Inventory is also known as Days Sales of Inventory (DSI). SemiLEDs's Average Total Inventories for the
three
months ended in Feb. 2024 was $3.82 Mil. SemiLEDs's Cost of Goods Sold for the
three
months ended in Feb. 2024 was $0.77 Mil.
Hence, SemiLEDs's Days Inventory for the
three
months ended in Feb. 2024 was 450.71.
The historical rank and industry rank for SemiLEDs's Days Inventory or its related term are showing as below:
LEDS'
s Days Inventory Range Over the Past 10 Years
Min: 109.64 Med: 145.91 Max: 316.15
Current: 292.26
During the past 13 years, SemiLEDs's highest Days Inventory was 316.15. The lowest was 109.64. And the median was 145.91.
LEDS's Days Inventory is ranked worse than 84.98% of 939
companies
in the Semiconductors industry
Industry Median: 131.48
vs LEDS: 292.26
SemiLEDs's Days Inventory
increased
from Feb. 2023 (406.99) to Feb. 2024 (450.71).
It might indicate that SemiLEDs's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
SemiLEDs's Inventory Turnover for the
three
months ended in Feb. 2024 was 0.20.
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.
SemiLEDs's Inventory-to-Revenue for the
three
months ended in Feb. 2024 was 4.31.
SemiLEDs Days Inventory Historical Data
The historical data trend for SemiLEDs'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.
SemiLEDs Annual Data
Trend
Aug14
Aug15
Aug16
Aug17
Aug18
Aug19
Aug20
Aug21
Aug22
Aug23
Days Inventory
130.63
185.80
316.15
249.22
286.52
SemiLEDs Quarterly Data
May19
Aug19
Nov19
Feb20
May20
Aug20
Nov20
Feb21
May21
Aug21
Nov21
Feb22
May22
Aug22
Nov22
Feb23
May23
Aug23
Nov23
Feb24
Days Inventory
406.99
268.61
265.90
257.09
450.71
Competitive Comparison
For the Semiconductors subindustry, SemiLEDs'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.
SemiLEDs Days Inventory Distribution
For the Semiconductors industry and Technology sector, SemiLEDs's Days Inventory distribution charts can be found below:
* The bar in red indicates where SemiLEDs's Days Inventory falls into.
SemiLEDs Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
SemiLEDs's Days Inventory for the fiscal year that ended in Aug. 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.
SemiLEDs (NAS:LEDS) 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.
SemiLEDs's Inventory Turnover for the
three
months ended in Feb. 2024 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.
SemiLEDs's Inventory to Revenue for the
three
months ended in Feb. 2024 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.
SemiLEDs Days Inventory Related Terms
Thank you for viewing the detailed overview of SemiLEDs's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
SemiLEDs Corp develops, manufacture, and sells light-emitting diode chips and LED components. The company's products include LED Chips, LED Components, and Lighting Products. Its products are used for general lighting applications, that includes street lights and commercial, industrial, system and residential lighting; specialty industrial applications, such as ultraviolet, or Ultraviolet, curing of polymers, LED light therapy in medical/cosmetic applications, counterfeit detection, LED lighting for horticulture applications, architectural lighting and entertainment lighting. Substantial revenue is generated from the sale of LED components products. Geographically, it derives a majority of its revenue from the United States.
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