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Alpine Electronics (Alpine Electronics) Days Inventory : 46.93 (As of Sep. 2018)


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What is Alpine Electronics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Alpine Electronics's Average Total Inventories for the three months ended in Sep. 2018 was $270 Mil. Alpine Electronics's Cost of Goods Sold for the three months ended in Sep. 2018 was $525 Mil. Hence, Alpine Electronics's Days Inventory for the three months ended in Sep. 2018 was 46.93.

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

AELEF's Days Inventory is not ranked *
in the Vehicles & Parts industry.
Industry Median: 81.39
* Ranked among companies with meaningful Days Inventory only.

Alpine Electronics's Days Inventory declined from Sep. 2017 (48.41) to Sep. 2018 (46.93).

Inventory Turnover measures how fast the company turns over its inventory within a year. Alpine Electronics's Inventory Turnover for the three months ended in Sep. 2018 was 1.94.

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. Alpine Electronics's Inventory-to-Revenue for the three months ended in Sep. 2018 was 0.41.


Alpine Electronics Days Inventory Historical Data

The historical data trend for Alpine Electronics'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.

Alpine Electronics Days Inventory Chart

Alpine Electronics Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.69 48.69 46.50 49.52 43.04

Alpine Electronics Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 48.41 49.56 41.53 45.23 46.93

Competitive Comparison of Alpine Electronics's Days Inventory

For the Auto Parts subindustry, Alpine Electronics'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.


Alpine Electronics's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Alpine Electronics's Days Inventory distribution charts can be found below:

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



Alpine Electronics Days Inventory Calculation

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

Alpine Electronics's Days Inventory for the fiscal year that ended in Mar. 2018 is calculated as

Days Inventory (A: Mar. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2017 ) + Total Inventories (A: Mar. 2018 )) / count ) / Cost of Goods Sold (A: Mar. 2018 )*Days in Period
=( (227.053 + 262.158) / 2 ) / 2074.263*365
=244.6055 / 2074.263*365
=43.04

Alpine Electronics's Days Inventory for the quarter that ended in Sep. 2018 is calculated as:

Days Inventory (Q: Sep. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2018 ) + Total Inventories (Q: Sep. 2018 )) / count ) / Cost of Goods Sold (Q: Sep. 2018 )*Days in Period
=( (266.109 + 273.958) / 2 ) / 525.016*365 / 4
=270.0335 / 525.016*365 / 4
=46.93

* 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.


Alpine Electronics  (OTCPK:AELEF) 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.

Alpine Electronics's Inventory Turnover for the three months ended in Sep. 2018 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.

Alpine Electronics's Inventory to Revenue for the three months ended in Sep. 2018 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.


Alpine Electronics Days Inventory Related Terms

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


Alpine Electronics (Alpine Electronics) Business Description

Traded in Other Exchanges
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Address
Alpine Electronics Inc is a manufacturer of audio, video, and communication systems for automotive vehicles. The company operates two business segments: audio equipment and information and communication equipment. In its audio equipment segment, Alpine produces sound systems including speakers and amplifiers. In its larger information and communication equipment segment, the company produces navigation systems, displays and integrated system solutions, including cloud services. All products are sold directly to car manufacturers as original equipment or to customers on the aftermarket. The largest end markets are Europe and North America.

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