Audeara (ASX:AUA) Days Inventory : 100.07 (As of Dec. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Audeara Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Audeara's Average Total Inventories for the six months ended in Dec. 2024 was A$0.73 Mil. Audeara's Cost of Goods Sold for the six months ended in Dec. 2024 was A$1.33 Mil. Hence, Audeara's Days Inventory for the six months ended in Dec. 2024 was 100.07.

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

ASX:AUA' s Days Inventory Range Over the Past 10 Years
Min: 68.4 Med: 170.74 Max: 175.56
Current: 68.4

During the past 4 years, Audeara's highest Days Inventory was 175.56. The lowest was 68.40. And the median was 170.74.

ASX:AUA's Days Inventory is ranked better than
68.26% of 2391 companies
in the Hardware industry
Industry Median: 96.89 vs ASX:AUA: 68.40

Audeara's Days Inventory declined from Dec. 2023 (318.16) to Dec. 2024 (100.07).

Inventory Turnover measures how fast the company turns over its inventory within a year. Audeara's Inventory Turnover for the six months ended in Dec. 2024 was 1.82.

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. Audeara's Inventory-to-Revenue for the six months ended in Dec. 2024 was 0.41.

Audeara Days Inventory Historical Data

The historical data trend for Audeara'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.

Audeara Days Inventory Chart

Audeara Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Days Inventory

175.56

171.92

163.86

169.56

Audeara Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Inventory	Get a 7-Day Free Trial			295.92	223.49	318.16	77.79	100.07

Competitive Comparison of Audeara's Days Inventory

For the Consumer Electronics subindustry, Audeara'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.

Audeara's Days Inventory Distribution in the Hardware Industry

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

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

Save Embed

;

Save Embed

;

Audeara Days Inventory Calculation

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

Audeara's Days Inventory for the fiscal year that ended in Jun. 2024 is calculated as

	Days Inventory (A: Jun. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2023 )	+	Total Inventories (A: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2024 )	*	Days in Period
=	( (0.817	+	1.266)	/	2 )	/	2.242	*	365
=	1.0415					/	2.242	*	365
=	169.56

Audeara's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (1.266	+	0.197)	/	2 )	/	1.334	*	365 / 2
=	0.7315					/	1.334	*	365 / 2
=	100.07

Audeara (ASX:AUA) 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.

Audeara's Inventory Turnover for the six months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.334	/	0.7315
	=	1.82

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.

Audeara's Inventory to Revenue for the six months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.7315	/	1.803
	=	0.41

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.

Audeara Days Inventory Related Terms

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

Audeara Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Audeara Ltd (ASX:AUA) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

527 Gregory Terrace, Level 1, North Tower, Fortitude Valley, QLD, AUS, 4006

Website

https://www.audeara.com

Audeara Ltd is engaged in the development and commercialization of headphones and hearing health technology products. The company offers engineering services and manufacturing devices on behalf of third party brands. Its product includes Audeara A-01 Headphones, A-02 TV Bundle, A-02 Headphones, BT-01 TV Transceiver. The company is engaged in single segment, which is the development of hearing health technology. The company derives revenue geographically from Australia, Europe, and North America, where the majority is derived from Australia.

Audeara Headlines

No Headlines