Acer Gaming (ROCO:6908) Days Inventory : 39.39 (As of Dec. 2023)

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What is Acer Gaming Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Acer Gaming's Average Total Inventories for the six months ended in Dec. 2023 was NT$431 Mil. Acer Gaming's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$1,998 Mil. Hence, Acer Gaming's Days Inventory for the six months ended in Dec. 2023 was 39.39.

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

ROCO:6908' s Days Inventory Range Over the Past 10 Years
Min: 11.11 Med: 24.66 Max: 37.51
Current: 30.84

During the past 4 years, Acer Gaming's highest Days Inventory was 37.51. The lowest was 11.11. And the median was 24.66.

ROCO:6908's Days Inventory is ranked worse than
59.24% of 238 companies
in the Interactive Media industry
Industry Median: 17.565 vs ROCO:6908: 30.84

Acer Gaming's Days Inventory increased from Dec. 2022 (25.27) to Dec. 2023 (39.39). It might indicate that Acer Gaming's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Acer Gaming's Inventory Turnover for the six months ended in Dec. 2023 was 4.63.

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 Gaming's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.19.

Acer Gaming Days Inventory Historical Data

The historical data trend for Acer Gaming'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.

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Acer Gaming Days Inventory Chart

Acer Gaming Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Inventory

37.51

11.11

22.58

26.74

Acer Gaming Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial			15.75	15.29	25.27	27.20	39.39

Competitive Comparison of Acer Gaming's Days Inventory

For the Electronic Gaming & Multimedia subindustry, Acer Gaming'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 Gaming's Days Inventory Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Acer Gaming's Days Inventory distribution charts can be found below:

* The bar in red indicates where Acer Gaming's Days Inventory falls into.

Acer Gaming Days Inventory Calculation

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

Acer Gaming'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
=	( (222.786	+	404.514)	/	2 )	/	4281.987	*	365
=	313.65					/	4281.987	*	365
=	26.74

Acer Gaming's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (457.975	+	404.514)	/	2 )	/	1998.212	*	365 / 2
=	431.2445					/	1998.212	*	365 / 2
=	39.39

Acer Gaming (ROCO:6908) 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 Gaming's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1998.212	/	431.2445
	=	4.63

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 Gaming's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	431.2445	/	2212.276
	=	0.19

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 Gaming Days Inventory Related Terms

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

Acer Gaming (ROCO:6908) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Acer Gaming Inc (ROCO:6908) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fuxing North Road, 7th Floor-5, 369, Taipei City, TWN, 10541

Website

https://www.acergaming.com

Acer Gaming Inc operates electronic sports businesses. The company offers electronic sports community platform development, game entertainment channel agency sales, and other services. Its products cover game software, and hardware peripherals.

Acer Gaming (ROCO:6908) Headlines

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