Advanced Wireless & Antenna (ROCO:6818) Days Inventory : 52.06 (As of Dec. 2023)

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

What is Advanced Wireless & Antenna Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Advanced Wireless & Antenna's Average Total Inventories for the six months ended in Dec. 2023 was NT$80.2 Mil. Advanced Wireless & Antenna's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$281.3 Mil. Hence, Advanced Wireless & Antenna's Days Inventory for the six months ended in Dec. 2023 was 52.06.

The historical rank and industry rank for Advanced Wireless & Antenna's Days Inventory or its related term are showing as below:

ROCO:6818' s Days Inventory Range Over the Past 10 Years
Min: 61.76 Med: 81.97 Max: 86.33
Current: 61.76

During the past 5 years, Advanced Wireless & Antenna's highest Days Inventory was 86.33. The lowest was 61.76. And the median was 81.97.

ROCO:6818's Days Inventory is ranked better than
74.97% of 2409 companies
in the Hardware industry
Industry Median: 101.86 vs ROCO:6818: 61.76

Advanced Wireless & Antenna's Days Inventory declined from Dec. 2022 (92.02) to Dec. 2023 (52.06).

Inventory Turnover measures how fast the company turns over its inventory within a year. Advanced Wireless & Antenna's Inventory Turnover for the six months ended in Dec. 2023 was 3.51.

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. Advanced Wireless & Antenna's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.19.

Advanced Wireless & Antenna Days Inventory Historical Data

The historical data trend for Advanced Wireless & Antenna'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.

Advanced Wireless & Antenna Days Inventory Chart

Advanced Wireless & Antenna Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

78.29

81.97

86.33

85.13

67.71

Advanced Wireless & Antenna Semi-Annual Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial					89.88	96.11	92.02	65.87	52.06

Competitive Comparison of Advanced Wireless & Antenna's Days Inventory

For the Electronic Components subindustry, Advanced Wireless & Antenna'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.

Advanced Wireless & Antenna's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Advanced Wireless & Antenna's Days Inventory distribution charts can be found below:

* The bar in red indicates where Advanced Wireless & Antenna's Days Inventory falls into.

Advanced Wireless & Antenna Days Inventory Calculation

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

Advanced Wireless & Antenna's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (117.799	+	85.592)	/	2 )	/	548.216	*	365
=	101.6955					/	548.216	*	365
=	67.71

Advanced Wireless & Antenna's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (74.892	+	85.592)	/	2 )	/	281.3	*	365 / 2
=	80.242					/	281.3	*	365 / 2
=	52.06

Advanced Wireless & Antenna (ROCO:6818) 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.

Advanced Wireless & Antenna's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	281.3	/	80.242
	=	3.51

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.

Advanced Wireless & Antenna's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	80.242	/	431.181
	=	0.19

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.

Advanced Wireless & Antenna Days Inventory Related Terms

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

Advanced Wireless & Antenna (ROCO:6818) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Advanced Wireless & Antenna Inc (ROCO:6818) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Beixin Road., Xindian District, B2F, Number 207-1, Sec 3, New Taipei City, Taipei, TWN, 231

Website

http://www.awan-ant.com

Advanced Wireless & Antenna Inc is engaged in designing and manufacturing the electronic components for IT, digital home appliances, and portable devices. Its products include V2X, IOT, IT and Networking.

Advanced Wireless & Antenna (ROCO:6818) Headlines

No Headlines