QCLSF (Global PVQ SE) Days Inventory: 64.02 (As of Dec. 2011)


What is Global PVQ SE Days Inventory?

Global PVQ SE QCLSF Days Inventory is 64.02 as of Dec. 2011.

Days Inventory is also known as Days Sales of Inventory (DSI). Global PVQ SE's Average Total Inventories for the three months ended in Dec. 2011 was $321 Mil. Global PVQ SE's Cost of Goods Sold for the three months ended in Dec. 2011 was $458 Mil. Hence, Global PVQ SE's Days Inventory for the three months ended in Dec. 2011 was 64.02.

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

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

Global PVQ SE's Days Inventory declined from Dec. 2010 (314.68) to Dec. 2011 (64.02).

Inventory Turnover measures how fast the company turns over its inventory within a year. Global PVQ SE's Inventory Turnover for the three months ended in Dec. 2011 was 1.43.

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. Global PVQ SE's Inventory-to-Revenue for the three months ended in Dec. 2011 was 0.69.


Global PVQ SE  (OTCPK:QCLSF) 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.

Global PVQ SE's Inventory Turnover for the three months ended in Dec. 2011 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.

Global PVQ SE's Inventory to Revenue for the three months ended in Dec. 2011 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.


Global PVQ SE Days Inventory Related Terms


Global PVQ SE Days Inventory Historical Data

* Premium members only.

The historical data trend for Global PVQ SE'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.

Global PVQ SE Days Inventory Chart

Global PVQ SE Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Days Inventory
Get a 7-Day Free Trial 56.63 69.22 117.17 129.14 94.49

Global PVQ SE Quarterly Data
Dec04 Dec05 Dec06 Dec07 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11
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 314.68 143.43 119.73 212.78 64.02

QCLSF vs BSRC, YGEHY: Days Inventory Comparison

For the Solar subindustry, Global PVQ SE'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.


Global PVQ SE Days Inventory vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Global PVQ SE's Days Inventory distribution charts can be found below:

* The bar in red indicates where Global PVQ SE's Days Inventory falls into.



Global PVQ SE Days Inventory Calculation

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

Global PVQ SE's Days Inventory for the fiscal year that ended in Dec. 2011 is calculated as

Days Inventory (A: Dec. 2011 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2010 ) + Total Inventories (A: Dec. 2011 )) / count ) / Cost of Goods Sold (A: Dec. 2011 )*Days in Period
=( (483.73 + 187.5) / 2 ) / 1296.447*365
=335.615 / 1296.447*365
=94.49

Global PVQ SE's Days Inventory for the quarter that ended in Dec. 2011 is calculated as:

Days Inventory (Q: Dec. 2011 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2011 ) + Total Inventories (Q: Dec. 2011 )) / count ) / Cost of Goods Sold (Q: Dec. 2011 )*Days in Period
=( (455.021 + 187.5) / 2 ) / 457.895*365 / 4
=321.2605 / 457.895*365 / 4
=64.02

* 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 64.02 mean?
Global PVQ SE (QCLSF) has a Days Inventory of 64.02 as of Dec. 2011. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Global PVQ SE and its competitors.
Is Global PVQ SE's Days Inventory too high?
Global PVQ SE's current Days Inventory is 64.02. The Semiconductors industry median Days Inventory is 111.84. Global PVQ SE's value of 64.02 is 42.8% below this industry median.
How does Global PVQ SE's Days Inventory compare to BSRC and YGEHY?
Global PVQ SE's Days Inventory of 64.02 can be compared against companies in the Semiconductors industry. The industry median Days Inventory is 111.84. Global PVQ SE's value of 64.02 is 42.8% below 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. Global PVQ SE's current Days Inventory of 64.02 is 42.8% below 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 Global PVQ SE 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. Global PVQ SE's current Days Inventory is 64.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global PVQ SE stock overvalued right now?
Global PVQ SE (QCLSF) has a current Days Inventory of 64.02. The current Days Inventory is 64.02 and 42.8% below 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 Global PVQ SE (QCLSF), the current Days Inventory is 64.02 as of Dec. 2011. 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.

Global PVQ SE Business Description

Address OT Thalheim, Sonnenallee 17-21, Bitterfeld-Wolfen, DEU, 06766
Global PVQ SE is engaged in the production of renewable energies and photovoltaic devices. The business activities of the group are under Products and Systems segments. The Products segment comprises the production and sale of solar cells from monocrystalline and polycrystalline silicon, and production and sale of corresponding modules. The Systems segment comprises the development and installation of photovoltaic systems, including both large-scale systems as well as medium-sized industrial and commercial systems. Geographically, the activities are functioned through the region of Germany.