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ACM Research (Shanghai) (SHSE:688082) Days Inventory : 749.47 (As of Mar. 2024)


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What is ACM Research (Shanghai) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ACM Research (Shanghai)'s Average Total Inventories for the three months ended in Mar. 2024 was ¥4,063 Mil. ACM Research (Shanghai)'s Cost of Goods Sold for the three months ended in Mar. 2024 was ¥495 Mil. Hence, ACM Research (Shanghai)'s Days Inventory for the three months ended in Mar. 2024 was 749.47.

The historical rank and industry rank for ACM Research (Shanghai)'s Days Inventory or its related term are showing as below:

SHSE:688082' s Days Inventory Range Over the Past 10 Years
Min: 237.53   Med: 352.28   Max: 646.69
Current: 638.22

During the past 7 years, ACM Research (Shanghai)'s highest Days Inventory was 646.69. The lowest was 237.53. And the median was 352.28.

SHSE:688082's Days Inventory is ranked worse than
96.18% of 943 companies
in the Semiconductors industry
Industry Median: 130.22 vs SHSE:688082: 638.22

ACM Research (Shanghai)'s Days Inventory declined from Mar. 2023 (954.14) to Mar. 2024 (749.47).

Inventory Turnover measures how fast the company turns over its inventory within a year. ACM Research (Shanghai)'s Inventory Turnover for the three months ended in Mar. 2024 was 0.12.

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. ACM Research (Shanghai)'s Inventory-to-Revenue for the three months ended in Mar. 2024 was 4.41.


ACM Research (Shanghai) Days Inventory Historical Data

The historical data trend for ACM Research (Shanghai)'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.

ACM Research (Shanghai) Days Inventory Chart

ACM Research (Shanghai) Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 251.20 297.11 403.27 513.78 646.69

ACM Research (Shanghai) Quarterly Data
Dec18 Mar19 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 954.14 590.97 620.41 593.64 749.47

Competitive Comparison of ACM Research (Shanghai)'s Days Inventory

For the Semiconductor Equipment & Materials subindustry, ACM Research (Shanghai)'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.


ACM Research (Shanghai)'s Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, ACM Research (Shanghai)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where ACM Research (Shanghai)'s Days Inventory falls into.



ACM Research (Shanghai) Days Inventory Calculation

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

ACM Research (Shanghai)'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
=( (2689.792 + 3925.257) / 2 ) / 1866.8*365
=3307.5245 / 1866.8*365
=646.69

ACM Research (Shanghai)'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
=( (3925.257 + 4200.177) / 2 ) / 494.645*365 / 4
=4062.717 / 494.645*365 / 4
=749.47

* 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.


ACM Research (Shanghai)  (SHSE:688082) 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.

ACM Research (Shanghai)'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.

ACM Research (Shanghai)'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.


ACM Research (Shanghai) Days Inventory Related Terms

Thank you for viewing the detailed overview of ACM Research (Shanghai)'s Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


ACM Research (Shanghai) (SHSE:688082) Business Description

Traded in Other Exchanges
N/A
Address
No. 1690 Cailun Road, Building 4, Zhangjiang Hi-Tech Park, Shanghai, CHN, 201203
ACM Research (Shanghai) Inc is engaged in manufacturing and distribution of semiconductor devices. The company produces semiconductor electroplating equipment, advanced packaging wet equipment, semiconductor cleaning equipment, and other equipment.
Executives
Chen Fu Ping Senior management, core technical personnel
Luo Ming Zhu senior management
Wang Jian Directors, senior managers

ACM Research (Shanghai) (SHSE:688082) Headlines

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