Advanced Energy Solution Holding Co (TPE:6781) Days Inventory : 472.61 (As of Mar. 2024)

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What is Advanced Energy Solution Holding Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Advanced Energy Solution Holding Co's Average Total Inventories for the three months ended in Mar. 2024 was NT$7,339 Mil. Advanced Energy Solution Holding Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$1,417 Mil. Hence, Advanced Energy Solution Holding Co's Days Inventory for the three months ended in Mar. 2024 was 472.61.

The historical rank and industry rank for Advanced Energy Solution Holding Co's Days Inventory or its related term are showing as below:

TPE:6781' s Days Inventory Range Over the Past 10 Years
Min: 140.73 Med: 159.35 Max: 411.72
Current: 411.72

During the past 7 years, Advanced Energy Solution Holding Co's highest Days Inventory was 411.72. The lowest was 140.73. And the median was 159.35.

TPE:6781's Days Inventory is ranked worse than
94.99% of 2913 companies
in the Industrial Products industry
Industry Median: 120.59 vs TPE:6781: 411.72

Advanced Energy Solution Holding Co's Days Inventory increased from Mar. 2023 (271.99) to Mar. 2024 (472.61). It might indicate that Advanced Energy Solution Holding Co's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Advanced Energy Solution Holding Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.19.

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 Energy Solution Holding Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 3.18.

Advanced Energy Solution Holding Co Days Inventory Historical Data

The historical data trend for Advanced Energy Solution Holding Co'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 Energy Solution Holding Co Days Inventory Chart

Advanced Energy Solution Holding Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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165.29

153.20

140.73

168.76

352.37

Advanced Energy Solution Holding Co Quarterly Data
	Dec18	Jun19	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															271.99	361.57	411.78	397.44	472.61

Competitive Comparison of Advanced Energy Solution Holding Co's Days Inventory

For the Electrical Equipment & Parts subindustry, Advanced Energy Solution Holding Co'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 Energy Solution Holding Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Advanced Energy Solution Holding Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Advanced Energy Solution Holding Co's Days Inventory falls into.

Advanced Energy Solution Holding Co Days Inventory Calculation

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

Advanced Energy Solution Holding Co'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
=	( (5165.787	+	6931.02)	/	2 )	/	6265.109	*	365
=	6048.4035					/	6265.109	*	365
=	352.37

Advanced Energy Solution Holding Co'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
=	( (6931.02	+	7746.385)	/	2 )	/	1416.943	*	365 / 4
=	7338.7025					/	1416.943	*	365 / 4
=	472.61

Advanced Energy Solution Holding Co (TPE:6781) 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 Energy Solution Holding Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1416.943	/	7338.7025
	=	0.19

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 Energy Solution Holding Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7338.7025	/	2307.059
	=	3.18

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 Energy Solution Holding Co Days Inventory Related Terms

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

Advanced Energy Solution Holding Co (TPE:6781) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Advanced Energy Solution Holding Co Ltd (TPE:6781) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bade Road, 4th Floor, No. 656, Section 2, Hukou Township, Hsinchu, TWN, 303104

Website

https://www.advancedenergysolution.com.tw

Advanced Energy Solution Holding Co Ltd is engaged in the production and sales of lithium battery modules and provides relevant after-sales services.

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