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Advanced Optoelectronic Technology (TPE:3437) Days Inventory : 37.86 (As of Mar. 2024)


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What is Advanced Optoelectronic Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Advanced Optoelectronic Technology's Average Total Inventories for the three months ended in Mar. 2024 was NT$176 Mil. Advanced Optoelectronic Technology's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$424 Mil. Hence, Advanced Optoelectronic Technology's Days Inventory for the three months ended in Mar. 2024 was 37.86.

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

TPE:3437' s Days Inventory Range Over the Past 10 Years
Min: 24.44   Med: 33.17   Max: 43.7
Current: 43.7

During the past 13 years, Advanced Optoelectronic Technology's highest Days Inventory was 43.70. The lowest was 24.44. And the median was 33.17.

TPE:3437's Days Inventory is ranked better than
86.52% of 942 companies
in the Semiconductors industry
Industry Median: 129.735 vs TPE:3437: 43.70

Advanced Optoelectronic Technology's Days Inventory declined from Mar. 2023 (43.17) to Mar. 2024 (37.86).

Inventory Turnover measures how fast the company turns over its inventory within a year. Advanced Optoelectronic Technology's Inventory Turnover for the three months ended in Mar. 2024 was 2.41.

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 Optoelectronic Technology's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.35.


Advanced Optoelectronic Technology Days Inventory Historical Data

The historical data trend for Advanced Optoelectronic Technology'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 Optoelectronic Technology Days Inventory Chart

Advanced Optoelectronic Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.75 26.79 32.97 41.80 39.31

Advanced Optoelectronic Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 43.17 49.46 43.83 47.25 37.86

Competitive Comparison of Advanced Optoelectronic Technology's Days Inventory

For the Semiconductors subindustry, Advanced Optoelectronic Technology'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 Optoelectronic Technology's Days Inventory Distribution in the Semiconductors Industry

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

* The bar in red indicates where Advanced Optoelectronic Technology's Days Inventory falls into.



Advanced Optoelectronic Technology Days Inventory Calculation

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

Advanced Optoelectronic Technology'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
=( (163.734 + 178.789) / 2 ) / 1590.023*365
=171.2615 / 1590.023*365
=39.31

Advanced Optoelectronic Technology's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (178.789 + 172.684) / 2 ) / 423.596*365 / 4
=175.7365 / 423.596*365 / 4
=37.86

* 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.


Advanced Optoelectronic Technology  (TPE:3437) 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 Optoelectronic Technology's Inventory Turnover for the three months ended in Mar. 2024 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.

Advanced Optoelectronic Technology's Inventory to Revenue for the three months ended in Mar. 2024 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.


Advanced Optoelectronic Technology Days Inventory Related Terms

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


Advanced Optoelectronic Technology (TPE:3437) Business Description

Traded in Other Exchanges
N/A
Address
No. 13, Gongye 5th Road, Hsinchu Industrial Park, Hukou Shiang, Hsinchu Hsien, TWN, 303
Advanced Optoelectronic Technology is focused on the research and development, testing, manufacturing and sale of LEDs, as well as the import/export and trading of raw materials and semi-finished products., . The company's product portfolio comprises surface mount light-emitting diodes (SMD LED) and light module applications, sensing components, and automotive lighting.

Advanced Optoelectronic Technology (TPE:3437) Headlines

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