SOEN (Solar Enertech) Days Inventory: 45.61 (As of Dec. 2011)

What is Solar Enertech Days Inventory?

Solar Enertech SOEN +9,900.00% Days Inventory is 45.61 as of Dec. 2011.

Days Inventory is also known as Days Sales of Inventory (DSI). Solar Enertech's Average Total Inventories for the three months ended in Dec. 2011 was $1.55 Mil. Solar Enertech's Cost of Goods Sold for the three months ended in Dec. 2011 was $3.09 Mil. Hence, Solar Enertech's Days Inventory for the three months ended in Dec. 2011 was 45.61.

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

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

Solar Enertech's Days Inventory increased from Dec. 2010 (30.04) to Dec. 2011 (45.61). It might indicate that Solar Enertech's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Solar Enertech's Inventory Turnover for the three months ended in Dec. 2011 was 2.00.

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. Solar Enertech's Inventory-to-Revenue for the three months ended in Dec. 2011 was 0.73.

Solar Enertech (OTCPK:SOEN) 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.

Solar Enertech's Inventory Turnover for the three months ended in Dec. 2011 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3.091	/	1.545
	=	2.00

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.

Solar Enertech's Inventory to Revenue for the three months ended in Dec. 2011 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.545	/	2.107
	=	0.73

* 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.

Solar Enertech Days Inventory Related Terms

Solar Enertech Days Inventory Historical Data

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The historical data trend for Solar Enertech's Days Inventory can be seen below:

Solar Enertech Days Inventory Chart

Solar Enertech Annual Data

Trend

Sep05

Sep06

Sep07

Sep08

Sep09

Sep10

Sep11

Days Inventory

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351.10

58.40

47.84

22.74

26.18

Solar Enertech Quarterly Data
	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11
Days Inventory	Get a 7-Day Free Trial															30.04	43.55	29.33	43.32	45.61

SOEN vs TRWRF, UCLE, VSUL: Days Inventory Comparison

For the Solar subindustry, Solar Enertech'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.

Solar Enertech Days Inventory vs Semiconductors Industry

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

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

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Solar Enertech Days Inventory Calculation

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

Solar Enertech's Days Inventory for the fiscal year that ended in Sep. 2011 is calculated as

	Days Inventory (A: Sep. 2011 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2010 )	+	Total Inventories (A: Sep. 2011 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2011 )	*	Days in Period
=	( (4.083	+	2.189)	/	2 )	/	43.72	*	365
=	3.136					/	43.72	*	365
=	26.18

Solar Enertech'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
=	( (2.189	+	0.901)	/	2 )	/	3.091	*	365 / 4
=	1.545					/	3.091	*	365 / 4
=	45.61

Frequently Asked Questions Learn more about Days Inventory →

What does a Days Inventory of 45.61 mean?

Solar Enertech (SOEN) has a Days Inventory of 45.61 as of Dec. 2011. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Solar Enertech and its competitors.

Is Solar Enertech's Days Inventory too high?

Solar Enertech's current Days Inventory is 45.61. The Semiconductors industry median Days Inventory is 111.84. Solar Enertech's value of 45.61 is 59.2% below this industry median.

How does Solar Enertech's Days Inventory compare to TRWRF and UCLE?

Solar Enertech's Days Inventory of 45.61 can be compared against companies in the Semiconductors industry. The industry median Days Inventory is 111.84. Solar Enertech's value of 45.61 is 59.2% 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. Solar Enertech's current Days Inventory of 45.61 is 59.2% 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 Solar Enertech 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. Solar Enertech's current Days Inventory is 45.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Solar Enertech stock overvalued right now?

Solar Enertech (SOEN) has a current Days Inventory of 45.61. The current Days Inventory is 45.61 and 59.2% 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 Solar Enertech (SOEN), the current Days Inventory is 45.61 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.

Solar Enertech Business Description

Industry Technology Semiconductors

Comparable Companies TRWRF UCLE VSUL SCND SMIT FLXT GIGA MKTY KRKNF ELSE SOTK AEMD DYSL TRCK TKOI MEEC ABIL EVSNF SNKOF LUNA

Address 655 West Evelyn Avenue, Suite 2, Mountain View, CA, USA, 94041

Website http://www.solarenertech.com

Solar Enertech Corp currently operates as a photovoltaic solar energy cell manufacturer.