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AP Memory Technology (TPE:6531) Days Inventory : 199.47 (As of Mar. 2024)


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What is AP Memory Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). AP Memory Technology's Average Total Inventories for the three months ended in Mar. 2024 was NT$882 Mil. AP Memory Technology's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$403 Mil. Hence, AP Memory Technology's Days Inventory for the three months ended in Mar. 2024 was 199.47.

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

TPE:6531' s Days Inventory Range Over the Past 10 Years
Min: 34.64   Med: 122.47   Max: 204.83
Current: 157.67

During the past 11 years, AP Memory Technology's highest Days Inventory was 204.83. The lowest was 34.64. And the median was 122.47.

TPE:6531's Days Inventory is ranked worse than
62.88% of 943 companies
in the Semiconductors industry
Industry Median: 130.22 vs TPE:6531: 157.67

AP Memory Technology's Days Inventory declined from Mar. 2023 (308.47) to Mar. 2024 (199.47).

Inventory Turnover measures how fast the company turns over its inventory within a year. AP Memory Technology's Inventory Turnover for the three months ended in Mar. 2024 was 0.46.

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. AP Memory Technology's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.18.


AP Memory Technology Days Inventory Historical Data

The historical data trend for AP Memory 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.

AP Memory Technology Days Inventory Chart

AP Memory 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 187.19 126.97 117.97 204.83 175.69

AP Memory 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 308.47 181.24 131.20 122.42 199.47

Competitive Comparison of AP Memory Technology's Days Inventory

For the Semiconductors subindustry, AP Memory 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.


AP Memory Technology's Days Inventory Distribution in the Semiconductors Industry

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

* The bar in red indicates where AP Memory Technology's Days Inventory falls into.



AP Memory Technology Days Inventory Calculation

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

AP Memory 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
=( (1528.392 + 851.33) / 2 ) / 2471.901*365
=1189.861 / 2471.901*365
=175.69

AP Memory 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
=( (851.33 + 912.037) / 2 ) / 403.332*365 / 4
=881.6835 / 403.332*365 / 4
=199.47

* 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.


AP Memory Technology  (TPE:6531) 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.

AP Memory 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.

AP Memory 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.


AP Memory Technology Days Inventory Related Terms

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


AP Memory Technology (TPE:6531) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Taiyuan 1st Street, 10th Floor-1, Hsinchu County, Zhubei, TWN, 30288
AP Memory Technology Corp is a memory IC design company. The company is engaged in manufacturing and developing mobile DRAM based specialty memory products for mobile, wearable, and Internet of Things devices. Its products include PSRAM and IOT RAM, Low power DRAM, and applications include Internet of things, connectives and mobile.

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