Advanced Systems Automation (SGX:5TY) Days Inventory : 39.25 (As of Jun. 2023)

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What is Advanced Systems Automation Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Advanced Systems Automation's Average Total Inventories for the six months ended in Jun. 2023 was S$0.93 Mil. Advanced Systems Automation's Cost of Goods Sold for the six months ended in Jun. 2023 was S$4.34 Mil. Hence, Advanced Systems Automation's Days Inventory for the six months ended in Jun. 2023 was 39.25.

The historical rank and industry rank for Advanced Systems Automation's Days Inventory or its related term are showing as below:

SGX:5TY' s Days Inventory Range Over the Past 10 Years
Min: 21.54 Med: 50.76 Max: 148.62
Current: 38.39

During the past 13 years, Advanced Systems Automation's highest Days Inventory was 148.62. The lowest was 21.54. And the median was 50.76.

SGX:5TY's Days Inventory is ranked better than
88.96% of 942 companies
in the Semiconductors industry
Industry Median: 129.735 vs SGX:5TY: 38.39

Advanced Systems Automation's Days Inventory increased from Jun. 2022 (27.86) to Jun. 2023 (39.25). It might indicate that Advanced Systems Automation's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Advanced Systems Automation's Inventory Turnover for the six months ended in Jun. 2023 was 4.65.

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. Advanced Systems Automation's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.16.

Advanced Systems Automation Days Inventory Historical Data

The historical data trend for Advanced Systems Automation'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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Advanced Systems Automation Days Inventory Chart

Advanced Systems Automation Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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148.62

28.65

21.54

35.32

Advanced Systems Automation Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Inventory	Get a 7-Day Free Trial															15.37	28.54	27.86	39.74	39.25

Competitive Comparison of Advanced Systems Automation's Days Inventory

For the Semiconductor Equipment & Materials subindustry, Advanced Systems Automation'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.

Advanced Systems Automation's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Advanced Systems Automation's Days Inventory distribution charts can be found below:

* The bar in red indicates where Advanced Systems Automation's Days Inventory falls into.

Advanced Systems Automation Days Inventory Calculation

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

Advanced Systems Automation's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.974	+	1.01)	/	2 )	/	10.251	*	365
=	0.992					/	10.251	*	365
=	35.32

Advanced Systems Automation's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (1.01	+	0.856)	/	2 )	/	4.338	*	365 / 2
=	0.933					/	4.338	*	365 / 2
=	39.25

Advanced Systems Automation (SGX:5TY) 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.

Advanced Systems Automation's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4.338	/	0.933
	=	4.65

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.

Advanced Systems Automation's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.933	/	5.825
	=	0.16

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.

Advanced Systems Automation Days Inventory Related Terms

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

Advanced Systems Automation (SGX:5TY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Advanced Systems Automation Ltd (SGX:5TY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

33 Ubi Avenue 3, No. 08-69 Vertex, Singapore, SGP, 408868

Website

https://www.asa.com.sg

Advanced Systems Automation Ltd is engaged in manufacturing automated equipment for the encapsulation of semiconductors. It operates through the segment of Equipment Contract Manufacturing Services through which it generates its revenues. Its products and services cover UV Tape curing technologies, Encapsulation, Wafer processing, Strip mounting, and Detaping.

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