SolarWorld AG (HAM:SWVK) Days Inventory: 136.78 (As of Dec. 2016)


What is SolarWorld AG Days Inventory?

SolarWorld AG HAM:SWVK +73.08% Days Inventory is 136.78 as of Dec. 2016.

Days Inventory is also known as Days Sales of Inventory (DSI). SolarWorld AG's Average Total Inventories for the three months ended in Dec. 2016 was €206.0 Mil. SolarWorld AG's Cost of Goods Sold for the three months ended in Dec. 2016 was €137.4 Mil. Hence, SolarWorld AG's Days Inventory for the three months ended in Dec. 2016 was 136.78.

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

HAM:SWVK's Days Inventory is not ranked *
in the Semiconductors industry.
Industry Median: 111.84
* Ranked among companies with meaningful Days Inventory only.

SolarWorld AG's Days Inventory increased from Dec. 2015 (108.20) to Dec. 2016 (136.78). It might indicate that SolarWorld AG's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. SolarWorld AG's Inventory Turnover for the three months ended in Dec. 2016 was 0.67.

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. SolarWorld AG's Inventory-to-Revenue for the three months ended in Dec. 2016 was 1.25.


SolarWorld AG  (HAM:SWVK) 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.

SolarWorld AG's Inventory Turnover for the three months ended in Dec. 2016 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.

SolarWorld AG's Inventory to Revenue for the three months ended in Dec. 2016 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.


SolarWorld AG Days Inventory Related Terms


SolarWorld AG Days Inventory Historical Data

* Premium members only.

The historical data trend for SolarWorld AG'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.

SolarWorld AG Days Inventory Chart

SolarWorld AG Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 183.03 171.28 131.35 122.57 117.64

SolarWorld AG Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 108.20 117.99 121.34 134.34 136.78

HAM:SWVK vs SUNW, RGSE: Days Inventory Comparison

For the Solar subindustry, SolarWorld AG'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.


SolarWorld AG Days Inventory vs Semiconductors Industry

For the Semiconductors industry and Technology sector, SolarWorld AG's Days Inventory distribution charts can be found below:

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



SolarWorld AG Days Inventory Calculation

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

SolarWorld AG's Days Inventory for the fiscal year that ended in Dec. 2016 is calculated as

Days Inventory (A: Dec. 2016 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2015 ) + Total Inventories (A: Dec. 2016 )) / count ) / Cost of Goods Sold (A: Dec. 2016 )*Days in Period
=( (171.563 + 185.693) / 2 ) / 554.214*365
=178.628 / 554.214*365
=117.64

SolarWorld AG's Days Inventory for the quarter that ended in Dec. 2016 is calculated as:

Days Inventory (Q: Dec. 2016 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2016 ) + Total Inventories (Q: Dec. 2016 )) / count ) / Cost of Goods Sold (Q: Dec. 2016 )*Days in Period
=( (226.348 + 185.693) / 2 ) / 137.438*365 / 4
=206.0205 / 137.438*365 / 4
=136.78

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 136.78 mean?
SolarWorld AG (HAM:SWVK) has a Days Inventory of 136.78 as of Dec. 2016. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on SolarWorld AG and its competitors.
Is SolarWorld AG's Days Inventory too high?
SolarWorld AG's current Days Inventory is 136.78. The Semiconductors industry median Days Inventory is 111.84. SolarWorld AG's value of 136.78 is 22.3% above this industry median.
How does SolarWorld AG's Days Inventory compare to SUNW and RGSE?
SolarWorld AG's Days Inventory of 136.78 can be compared against companies in the Semiconductors industry. The industry median Days Inventory is 111.84. SolarWorld AG's value of 136.78 is 22.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Semiconductors company?
The median Days Inventory among Semiconductors companies is 111.84, based on 981 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SolarWorld AG's current Days Inventory of 136.78 is 22.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on SolarWorld AG and its competitors. For the Semiconductors industry, the median Days Inventory is 111.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SolarWorld AG's current Days Inventory is 136.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SolarWorld AG stock overvalued right now?
SolarWorld AG (HAM:SWVK) has a current Days Inventory of 136.78. The current Days Inventory is 136.78 and 22.3% above the Semiconductors industry median of 111.84. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For SolarWorld AG (HAM:SWVK), the current Days Inventory is 136.78 as of Dec. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SolarWorld AG Business Description

Address Martin-Luther-King-Street 24, Bonn, DEU, 53175
SolarWorld AG is a manufacturer of solar power products. It also researches, develops, produces and recycles on all levels of the solar value-added chain. It also focuses on the production and international distribution of high-end solar energy facilities. The business operates through segments that include Production Germany, Production United States, Trade, and Others. The Trade segment generates maximum revenue for the company. Its product line consists of module and assembly kit, cells and wafers, power generation, and other revenue. The sales of module and assembly kit generate maximum revenue for the company.