Days Inventory is also known as Days Sales of Inventory (DSI). Acer Medical's Average Total Inventories for the
six
months ended in Dec. 2023 was NT$6.29 Mil. Acer Medical's Cost of Goods Sold for the
six
months ended in Dec. 2023 was NT$11.21 Mil.
Hence, Acer Medical's Days Inventory for the
six
months ended in Dec. 2023 was 102.46.
The historical rank and industry rank for Acer Medical's Days Inventory or its related term are showing as below:
ROCO:6857'
s Days Inventory Range Over the Past 10 Years
Min: 11.97 Med: 87.05 Max: 365
Current: 157.73
During the past 5 years, Acer Medical's highest Days Inventory was 365.00. The lowest was 11.97. And the median was 87.05.
ROCO:6857's Days Inventory is ranked worse than 90.58% of 467
companies
in the Healthcare Providers & Services industry
Industry Median: 32.66
vs ROCO:6857: 157.73
Acer Medical's Days Inventory
increased
from Dec. 2022 (0.00) to Dec. 2023 (102.46).
It might indicate that Acer Medical'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.
Acer Medical's Inventory Turnover for the
six
months ended in Dec. 2023 was 1.78.
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.
Acer Medical's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.31.
Acer Medical Days Inventory Historical Data
The historical data trend for Acer Medical'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.
Competitive Comparison of Acer Medical's Days Inventory
For the Health Information Services subindustry, Acer Medical'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.
Acer Medical's Days Inventory Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Acer Medical's Days Inventory distribution charts can be found below:
* The bar in red indicates where Acer Medical's Days Inventory falls into.
Acer Medical Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Acer Medical's Days Inventory for the fiscal year that 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.
Acer Medical (ROCO:6857) 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.
Acer Medical's Inventory Turnover for the
six
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.
Acer Medical's Inventory to Revenue for the
six
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.
Acer Medical Days Inventory Related Terms
Thank you for viewing the detailed overview of Acer Medical's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Acer Medical Inc focuses on improving human health and well-being through artificial intelligence. It focuses on applying artificial intelligence and big data to the area of healthcare. Acer Medical is capable of designing, developing, commercializing, as well as implementing AI solutions into medical institutions.
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