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Aurora Solar Technologies (STU:A82) Days Inventory : 172.16 (As of Dec. 2023)


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What is Aurora Solar Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aurora Solar Technologies's Average Total Inventories for the three months ended in Dec. 2023 was €2.16 Mil. Aurora Solar Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was €1.14 Mil. Hence, Aurora Solar Technologies's Days Inventory for the three months ended in Dec. 2023 was 172.16.

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

STU:A82' s Days Inventory Range Over the Past 10 Years
Min: 50.93   Med: 136.48   Max: 385.66
Current: 250.6

During the past 13 years, Aurora Solar Technologies's highest Days Inventory was 385.66. The lowest was 50.93. And the median was 136.48.

STU:A82's Days Inventory is ranked worse than
81.46% of 944 companies
in the Semiconductors industry
Industry Median: 130.195 vs STU:A82: 250.60

Aurora Solar Technologies's Days Inventory declined from Dec. 2022 (279.76) to Dec. 2023 (172.16).

Inventory Turnover measures how fast the company turns over its inventory within a year. Aurora Solar Technologies's Inventory Turnover for the three months ended in Dec. 2023 was 0.53.

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. Aurora Solar Technologies's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.74.


Aurora Solar Technologies Days Inventory Historical Data

The historical data trend for Aurora Solar Technologies'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.

Aurora Solar Technologies Days Inventory Chart

Aurora Solar Technologies Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 172.56 64.29 93.01 - 236.89

Aurora Solar Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 279.76 331.52 307.56 244.99 172.16

Competitive Comparison of Aurora Solar Technologies's Days Inventory

For the Solar subindustry, Aurora Solar Technologies'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.


Aurora Solar Technologies's Days Inventory Distribution in the Semiconductors Industry

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

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



Aurora Solar Technologies Days Inventory Calculation

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

Aurora Solar Technologies's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (0.232 + 2.207) / 2 ) / 1.879*365
=1.2195 / 1.879*365
=236.89

Aurora Solar Technologies'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (2.278 + 2.035) / 2 ) / 1.143*365 / 4
=2.1565 / 1.143*365 / 4
=172.16

* 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.


Aurora Solar Technologies  (STU:A82) 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.

Aurora Solar Technologies's Inventory Turnover for the three months ended in Dec. 2023 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.

Aurora Solar Technologies's Inventory to Revenue for the three months ended in Dec. 2023 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.


Aurora Solar Technologies Days Inventory Related Terms

Thank you for viewing the detailed overview of Aurora Solar Technologies's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Aurora Solar Technologies (STU:A82) Business Description

Traded in Other Exchanges
Address
788 Harbourside Drive, Suite 100, North Vancouver, Vancouver, BC, CAN, V7P 3R7
Aurora Solar Technologies Inc is engaged in the delivery of inline process measurement, analysis, and control systems for solar cell manufacturers. Its products are DM Instruments, Insight, and Visualize. The company's only operating segment being the development, manufacturing, and marketing, material inspection and inline quality control systems for the solar polysilicon, wafer, cell, and module manufacturing industries.

Aurora Solar Technologies (STU:A82) Headlines

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