Sequans Communications (Sequans Communications) Days Inventory : 162.06 (As of Dec. 2023)

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What is Sequans Communications Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sequans Communications's Average Total Inventories for the three months ended in Dec. 2023 was $7.44 Mil. Sequans Communications's Cost of Goods Sold for the three months ended in Dec. 2023 was $4.19 Mil. Hence, Sequans Communications's Days Inventory for the three months ended in Dec. 2023 was 162.06.

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

SQNS' s Days Inventory Range Over the Past 10 Years
Min: 85.64 Med: 120.73 Max: 317.59
Current: 317.59

During the past 13 years, Sequans Communications's highest Days Inventory was 317.59. The lowest was 85.64. And the median was 120.73.

SQNS's Days Inventory is ranked worse than
87.26% of 942 companies
in the Semiconductors industry
Industry Median: 130.36 vs SQNS: 317.59

Sequans Communications's Days Inventory declined from Dec. 2022 (225.97) to Dec. 2023 (162.06).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sequans Communications's Inventory Turnover for the three months ended in Dec. 2023 was 0.56.

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. Sequans Communications's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.56.

Sequans Communications Days Inventory Historical Data

The historical data trend for Sequans Communications'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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Sequans Communications Days Inventory Chart

Sequans Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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147.17

85.64

97.51

163.38

302.79

Sequans Communications Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															225.97	320.21	476.07	699.94	162.06

Competitive Comparison of Sequans Communications's Days Inventory

For the Semiconductors subindustry, Sequans Communications'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.

Sequans Communications's Days Inventory Distribution in the Semiconductors Industry

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

* The bar in red indicates where Sequans Communications's Days Inventory falls into.

Sequans Communications Days Inventory Calculation

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

Sequans Communications'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
=	( (9.387	+	6.335)	/	2 )	/	9.476	*	365
=	7.861					/	9.476	*	365
=	302.79

Sequans Communications'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (8.548	+	6.335)	/	2 )	/	4.19	*	365 / 4
=	7.4415					/	4.19	*	365 / 4
=	162.06

Sequans Communications (NYSE:SQNS) 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.

Sequans Communications's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4.19	/	7.4415
	=	0.56

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.

Sequans Communications's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7.4415	/	4.773
	=	1.56

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.

Sequans Communications Days Inventory Related Terms

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

Sequans Communications (Sequans Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Sequans Communications SA (NYSE:SQNS) » Definitions » Days Inventory

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Traded in Other Exchanges

6SQB:Germany

Address

15-55 Boulevard Charles de Gaulle, Colombes, FRA, 92700

Website

https://www.sequans.com

Sequans Communications SA is a designer, developer, and supplier of cellular semiconductor solutions for broadband Internet of Things (IoT) markets. Its solutions incorporate baseband processor and radio frequency, transceiver integrated circuits, along with its proprietary signal processing techniques, algorithms, and software stacks. The company's solutions serve as the core wireless broadband communications platform in devices, including smartphones, USB dongles, portable routers, laptops, netbooks, tablets, and other consumer multimedia and industrial devices. Its geographical segments are Taiwan, Korea, China (including Hong Kong), the Rest of Asia, the United States, and the Rest of the world.