Omat Advanced Materials (Guangdong) Co (SHSE:688530) Days Inventory : 452.80 (As of Sep. 2024)

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What is Omat Advanced Materials (Guangdong) Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Omat Advanced Materials (Guangdong) Co's Average Total Inventories for the three months ended in Sep. 2024 was ¥352.8 Mil. Omat Advanced Materials (Guangdong) Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥71.1 Mil. Hence, Omat Advanced Materials (Guangdong) Co's Days Inventory for the three months ended in Sep. 2024 was 452.80.

The historical rank and industry rank for Omat Advanced Materials (Guangdong) Co's Days Inventory or its related term are showing as below:

SHSE:688530' s Days Inventory Range Over the Past 10 Years
Min: 222.14 Med: 256.32 Max: 376.91
Current: 376.91

During the past 5 years, Omat Advanced Materials (Guangdong) Co's highest Days Inventory was 376.91. The lowest was 222.14. And the median was 256.32.

SHSE:688530's Days Inventory is ranked worse than
94.97% of 2385 companies
in the Hardware industry
Industry Median: 98.75 vs SHSE:688530: 376.91

Omat Advanced Materials (Guangdong) Co's Days Inventory increased from Sep. 2023 (0.00) to Sep. 2024 (452.80). It might indicate that Omat Advanced Materials (Guangdong) Co's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Omat Advanced Materials (Guangdong) Co's Inventory Turnover for the three months ended in Sep. 2024 was 0.20.

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. Omat Advanced Materials (Guangdong) Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 4.30.

Omat Advanced Materials (Guangdong) Co Days Inventory Historical Data

The historical data trend for Omat Advanced Materials (Guangdong) Co'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.

Omat Advanced Materials (Guangdong) Co Days Inventory Chart

Omat Advanced Materials (Guangdong) Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

256.32

222.14

225.29

301.25

288.55

Omat Advanced Materials (Guangdong) Co Quarterly Data
	Dec19	Dec20	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Inventory	Get a 7-Day Free Trial								-	353.86	318.04	351.32	452.80

Competitive Comparison of Omat Advanced Materials (Guangdong) Co's Days Inventory

For the Electronic Components subindustry, Omat Advanced Materials (Guangdong) Co'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.

Omat Advanced Materials (Guangdong) Co's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Omat Advanced Materials (Guangdong) Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Omat Advanced Materials (Guangdong) Co's Days Inventory falls into.

Omat Advanced Materials (Guangdong) Co Days Inventory Calculation

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

Omat Advanced Materials (Guangdong) Co'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
=	( (293.837	+	293.609)	/	2 )	/	371.549	*	365
=	293.723					/	371.549	*	365
=	288.55

Omat Advanced Materials (Guangdong) Co's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

	Days Inventory (Q: Sep. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (333.617	+	371.9)	/	2 )	/	71.09	*	365 / 4
=	352.7585					/	71.09	*	365 / 4
=	452.80

Omat Advanced Materials (Guangdong) Co (SHSE:688530) 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.

Omat Advanced Materials (Guangdong) Co's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	71.09	/	352.7585
	=	0.20

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.

Omat Advanced Materials (Guangdong) Co's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	352.7585	/	82.104
	=	4.30

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.

Omat Advanced Materials (Guangdong) Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Omat Advanced Materials (Guangdong) Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Omat Advanced Materials (Guangdong) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Omat Advanced Materials (Guangdong) Co Ltd (SHSE:688530) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

No. 5 Chuangye Road, Factory Building C, Wujiang District, Guangdong Province, Shaoguan, CHN, 512029

Website

https://www.omat.com.cn

Omat Advanced Materials (Guangdong) Co Ltd is engaged in research & development, production and sales of high-performance sputtering targets. Its main business is targets - high performance thin film materials and are widely used in semiconductor display (TFT, OLED), semiconductor chips, solar pv, low-e glass, optical communication, hard coating, computer hard disk and other industries.

Omat Advanced Materials (Guangdong) Co Headlines

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