Arima Lasers (ROCO:3627) Days Inventory : 78.75 (As of Dec. 2023)

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What is Arima Lasers Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Arima Lasers's Average Total Inventories for the six months ended in Dec. 2023 was NT$115.9 Mil. Arima Lasers's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$268.5 Mil. Hence, Arima Lasers's Days Inventory for the six months ended in Dec. 2023 was 78.75.

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

ROCO:3627' s Days Inventory Range Over the Past 10 Years
Min: 61.41 Med: 89.28 Max: 107.51
Current: 85.69

During the past 11 years, Arima Lasers's highest Days Inventory was 107.51. The lowest was 61.41. And the median was 89.28.

ROCO:3627's Days Inventory is ranked better than
69.03% of 943 companies
in the Semiconductors industry
Industry Median: 130.22 vs ROCO:3627: 85.69

Arima Lasers's Days Inventory declined from Dec. 2022 (122.93) to Dec. 2023 (78.75).

Inventory Turnover measures how fast the company turns over its inventory within a year. Arima Lasers's Inventory Turnover for the six months ended in Dec. 2023 was 2.32.

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. Arima Lasers's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.34.

Arima Lasers Days Inventory Historical Data

The historical data trend for Arima Lasers'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.

Arima Lasers Days Inventory Chart

Arima Lasers Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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68.15

61.41

83.40

107.51

89.63

Arima Lasers Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															93.55	108.46	122.93	88.58	78.75

Competitive Comparison of Arima Lasers's Days Inventory

For the Semiconductors subindustry, Arima Lasers'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.

Arima Lasers's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Arima Lasers's Days Inventory distribution charts can be found below:

* The bar in red indicates where Arima Lasers's Days Inventory falls into.

Arima Lasers Days Inventory Calculation

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

Arima Lasers'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
=	( (150.17	+	116.159)	/	2 )	/	542.263	*	365
=	133.1645					/	542.263	*	365
=	89.63

Arima Lasers'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
=	( (115.569	+	116.159)	/	2 )	/	268.511	*	365 / 2
=	115.864					/	268.511	*	365 / 2
=	78.75

Arima Lasers (ROCO:3627) 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.

Arima Lasers's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	268.511	/	115.864
	=	2.32

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	115.864	/	338.715
	=	0.34

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.

Arima Lasers Days Inventory Related Terms

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

Arima Lasers (ROCO:3627) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Arima Lasers Corp (ROCO:3627) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zhongxing Road, 9th Floor, Number 458, Pingxing Town, Pingzhen District, Taoyuan, TWN, 32460

Website

http://www.arimalasers.com

Arima Lasers Corp is a Taiwan based company involved in manufacturing multiple products comprising of Laser diode, Laser module, High power Laser and Fiber-coupled Laser. The company is also into the foundry business which includes Die Bonding, In Process Quality Check, Wire Bonding and Cap Sealing among others.

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