Days Inventory is also known as Days Sales of Inventory (DSI). Accton Technology's Average Total Inventories for the
three
months ended in Dec. 2023 was NT$13,864 Mil. Accton Technology's Cost of Goods Sold for the
three
months ended in Dec. 2023 was NT$16,666 Mil.
Hence, Accton Technology's Days Inventory for the
three
months ended in Dec. 2023 was 75.91.
The historical rank and industry rank for Accton Technology's Days Inventory or its related term are showing as below:
TPE:2345'
s Days Inventory Range Over the Past 10 Years
Min: 56.42 Med: 69.1 Max: 81.03
Current: 74.64
During the past 13 years, Accton Technology's highest Days Inventory was 81.03. The lowest was 56.42. And the median was 69.10.
TPE:2345's Days Inventory is ranked better than 66.96% of 2406
companies
in the Hardware industry
Industry Median: 103.87
vs TPE:2345: 74.64
Accton Technology's Days Inventory
increased
from Dec. 2022 (66.62) to Dec. 2023 (75.91).
It might indicate that Accton Technology's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Accton Technology's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.20.
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.
Accton Technology's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.63.
Accton Technology Days Inventory Historical Data
The historical data trend for Accton Technology'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.
For the Communication Equipment subindustry, Accton Technology'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.
Accton Technology Days Inventory Distribution
For the Hardware industry and Technology sector, Accton Technology's Days Inventory distribution charts can be found below:
* The bar in red indicates where Accton Technology's Days Inventory falls into.
Accton Technology Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Accton Technology's Days Inventory for the fiscal year that 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.
Accton Technology (TPE:2345) 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.
Accton Technology'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.
Accton Technology'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.
Accton Technology Days Inventory Related Terms
Thank you for viewing the detailed overview of Accton Technology's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Accton Technology Corp develops, manufactures and sells innovative high-quality products for computer network systems and wireless land area network (LAN) hardware and software products and renders related technical consulting and engineering design services. The products and services offered by the company is Switch, Network Application, Metro Access Switch, Other and Wireless. Roughly half of the firm's revenue is generated in the United States, with the rest coming from Taiwan, the rest of Asia, Europe, and other regions.
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