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AVer Information (TPE:3669) Days Inventory : 114.05 (As of Mar. 2024)


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What is AVer Information Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). AVer Information's Average Total Inventories for the three months ended in Mar. 2024 was NT$324 Mil. AVer Information's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$259 Mil. Hence, AVer Information's Days Inventory for the three months ended in Mar. 2024 was 114.05.

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

TPE:3669' s Days Inventory Range Over the Past 10 Years
Min: 75.53   Med: 106.37   Max: 171.43
Current: 135.8

During the past 13 years, AVer Information's highest Days Inventory was 171.43. The lowest was 75.53. And the median was 106.37.

TPE:3669's Days Inventory is ranked worse than
64% of 2411 companies
in the Hardware industry
Industry Median: 101.84 vs TPE:3669: 135.80

AVer Information's Days Inventory declined from Mar. 2023 (217.89) to Mar. 2024 (114.05).

Inventory Turnover measures how fast the company turns over its inventory within a year. AVer Information's Inventory Turnover for the three months ended in Mar. 2024 was 0.80.

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. AVer Information's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.55.


AVer Information Days Inventory Historical Data

The historical data trend for AVer Information'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.

AVer Information Days Inventory Chart

AVer Information 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 113.01 107.67 160.71 171.43 162.47

AVer Information 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 217.89 143.71 134.41 140.39 114.05

Competitive Comparison of AVer Information's Days Inventory

For the Consumer Electronics subindustry, AVer Information'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.


AVer Information's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, AVer Information's Days Inventory distribution charts can be found below:

* The bar in red indicates where AVer Information's Days Inventory falls into.



AVer Information Days Inventory Calculation

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

AVer Information'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
=( (617.037 + 336.073) / 2 ) / 1070.614*365
=476.555 / 1070.614*365
=162.47

AVer Information'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
=( (336.073 + 311.264) / 2 ) / 258.974*365 / 4
=323.6685 / 258.974*365 / 4
=114.05

* 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.


AVer Information  (TPE:3669) 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.

AVer Information'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.

AVer Information'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.


AVer Information Days Inventory Related Terms

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


AVer Information (TPE:3669) Business Description

Traded in Other Exchanges
N/A
Address
No. 157, Da'an Road, 8th Floor, Tucheng District, New Taipei, TWN, 236042
AVer Information Inc is a developer and manufacturer of education technology and visual collaboration solutions. It is engaged in developing and manufacturing presentation and video surveillance products for education and business. The company offers products such as visualizers, video conferencing, medical grade cameras, interactive control box, charge and sync carts, NVRs and surveillance software, and IP cameras.

AVer Information (TPE:3669) Headlines

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