Alphawave IP Group (FRA:7GL) Days Inventory : 47.63 (As of Dec. 2023)

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What is Alphawave IP Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Alphawave IP Group's Average Total Inventories for the six months ended in Dec. 2023 was €12.4 Mil. Alphawave IP Group's Cost of Goods Sold for the six months ended in Dec. 2023 was €47.4 Mil. Hence, Alphawave IP Group's Days Inventory for the six months ended in Dec. 2023 was 47.63.

The historical rank and industry rank for Alphawave IP Group's Days Inventory or its related term are showing as below:

FRA:7GL' s Days Inventory Range Over the Past 10 Years
Min: 35.47 Med: 71.97 Max: 108.47
Current: 35.5

During the past 6 years, Alphawave IP Group's highest Days Inventory was 108.47. The lowest was 35.47. And the median was 71.97.

FRA:7GL's Days Inventory is ranked better than
89.82% of 943 companies
in the Semiconductors industry
Industry Median: 130.22 vs FRA:7GL: 35.50

Alphawave IP Group's Days Inventory declined from Dec. 2022 (55.84) to Dec. 2023 (47.63).

Inventory Turnover measures how fast the company turns over its inventory within a year. Alphawave IP Group's Inventory Turnover for the six months ended in Dec. 2023 was 3.83.

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. Alphawave IP Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.10.

Alphawave IP Group Days Inventory Historical Data

The historical data trend for Alphawave IP Group'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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Alphawave IP Group Days Inventory Chart

Alphawave IP Group Annual Data

Trend

May18

May19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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108.47

35.26

Alphawave IP Group Semi-Annual Data
	May18	May19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial					-	-	55.84	29.42	47.63

Competitive Comparison of Alphawave IP Group's Days Inventory

For the Semiconductors subindustry, Alphawave IP Group'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.

Alphawave IP Group's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Alphawave IP Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Alphawave IP Group's Days Inventory falls into.

Alphawave IP Group Days Inventory Calculation

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

Alphawave IP Group'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
=	( (17.05	+	10.657)	/	2 )	/	143.393	*	365
=	13.8535					/	143.393	*	365
=	35.26

Alphawave IP Group'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
=	( (14.095	+	10.657)	/	2 )	/	47.421	*	365 / 2
=	12.376					/	47.421	*	365 / 2
=	47.63

Alphawave IP Group (FRA:7GL) 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.

Alphawave IP Group's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	47.421	/	12.376
	=	3.83

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	12.376	/	123.378
	=	0.10

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.

Alphawave IP Group Days Inventory Related Terms

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

Alphawave IP Group (FRA:7GL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Alphawave IP Group PLC (FRA:7GL) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

AWEVF:USA AWEl:UK AWE:UK 7GL:Germany

Address

65 Gresham Street, 6th Floor, London, GBR, EC2V 7NQ

Website

https://www.awaveip.com

Alphawave IP Group PLC is engaged in the development and licensing of high-performance connectivity intellectual property for the semiconductor industry. The Company is a global leader in high-speed connectivity for the world's technology infrastructure. Its products include Connectivity IP Cores, Integrated Product IP Cores, and Chiplet IP Cores. Its business is located in Canada.

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