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Aaeon Technology (TPE:6579) Days Inventory : 118.29 (As of Mar. 2024)


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What is Aaeon Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aaeon Technology's Average Total Inventories for the three months ended in Mar. 2024 was NT$1,542 Mil. Aaeon Technology's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$1,190 Mil. Hence, Aaeon Technology's Days Inventory for the three months ended in Mar. 2024 was 118.29.

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

TPE:6579' s Days Inventory Range Over the Past 10 Years
Min: 81.2   Med: 94.65   Max: 162.16
Current: 162.16

During the past 13 years, Aaeon Technology's highest Days Inventory was 162.16. The lowest was 81.20. And the median was 94.65.

TPE:6579's Days Inventory is ranked worse than
72.1% of 2409 companies
in the Hardware industry
Industry Median: 102.05 vs TPE:6579: 162.16

Aaeon Technology's Days Inventory declined from Dec. 2022 (139.64) to Mar. 2024 (118.29).

Inventory Turnover measures how fast the company turns over its inventory within a year. Aaeon Technology's Inventory Turnover for the three months ended in Mar. 2024 was 0.77.

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. Aaeon Technology's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.86.


Aaeon Technology Days Inventory Historical Data

The historical data trend for Aaeon Technology'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.

Aaeon Technology Days Inventory Chart

Aaeon Technology Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 83.59 83.97 81.20 95.23 117.55

Aaeon Technology Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 139.64 138.33 127.80 122.70 118.29

Competitive Comparison of Aaeon Technology's Days Inventory

For the Computer Hardware subindustry, Aaeon Technology'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.


Aaeon Technology's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Aaeon Technology's Days Inventory distribution charts can be found below:

* The bar in red indicates where Aaeon Technology's Days Inventory falls into.



Aaeon Technology Days Inventory Calculation

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

Aaeon Technology'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
=( (1518.035 + 2088.345) / 2 ) / 5598.941*365
=1803.19 / 5598.941*365
=117.55

Aaeon Technology'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: Sep. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (1680.448 + 1403.792) / 2 ) / 1189.603*365 / 4
=1542.12 / 1189.603*365 / 4
=118.29

* 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.


Aaeon Technology  (TPE:6579) 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.

Aaeon Technology'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.

Aaeon Technology'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.


Aaeon Technology Days Inventory Related Terms

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


Aaeon Technology (TPE:6579) Business Description

Traded in Other Exchanges
N/A
Address
No. 135, Lane 235, Baoqiao Road, 5th Floor, Xindian District, New Taipei, TWN, 231
Aaeon Technology Inc is engaged in manufacturing, processing and imports and exports of computer peripherals, electronic components, computer test instruments, computer PCB functional testing, and radio telecommunication equipment and its components; the R&D, design, manufacturing, processing and trading of various industrial computers, medical computers, industrial controllers, quantity controllers and components; industrial computer automation design and services, as well as the import/export of related materials. The operating segment includes IPC and Medical PC, geographical presence of the company is in Taiwan, China, Singapore, USA and Europe.

Aaeon Technology (TPE:6579) Headlines

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