Deswell Industries (Deswell Industries) Days Inventory : 96.45 (As of Sep. 2023)

View and export this data going back to 1995. Start your Free Trial

What is Deswell Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Deswell Industries's Average Total Inventories for the six months ended in Sep. 2023 was $16.05 Mil. Deswell Industries's Cost of Goods Sold for the six months ended in Sep. 2023 was $30.37 Mil. Hence, Deswell Industries's Days Inventory for the six months ended in Sep. 2023 was 96.45.

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

DSWL' s Days Inventory Range Over the Past 10 Years
Min: 73.7 Med: 89.99 Max: 117.74
Current: 111.63

During the past 13 years, Deswell Industries's highest Days Inventory was 117.74. The lowest was 73.70. And the median was 89.99.

DSWL's Days Inventory is ranked worse than
53.97% of 2405 companies
in the Hardware industry
Industry Median: 103.88 vs DSWL: 111.63

Deswell Industries's Days Inventory declined from Sep. 2022 (108.83) to Sep. 2023 (96.45).

Inventory Turnover measures how fast the company turns over its inventory within a year. Deswell Industries's Inventory Turnover for the six months ended in Sep. 2023 was 1.89.

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. Deswell Industries's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.43.

Deswell Industries Days Inventory Historical Data

The historical data trend for Deswell Industries'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.

Deswell Industries Days Inventory Chart

Deswell Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

Get a 7-Day Free Trial

84.14

73.70

87.41

101.38

116.42

Deswell Industries Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial															101.71	105.75	108.83	127.67	96.45

Competitive Comparison of Deswell Industries's Days Inventory

For the Electronic Components subindustry, Deswell Industries'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.

Deswell Industries's Days Inventory Distribution in the Hardware Industry

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

* The bar in red indicates where Deswell Industries's Days Inventory falls into.

Deswell Industries Days Inventory Calculation

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

Deswell Industries's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (23.819	+	17.325)	/	2 )	/	64.498	*	365
=	20.572					/	64.498	*	365
=	116.42

Deswell Industries's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (17.325	+	14.774)	/	2 )	/	30.368	*	365 / 2
=	16.0495					/	30.368	*	365 / 2
=	96.45

Deswell Industries (NAS:DSWL) 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.

Deswell Industries's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	30.368	/	16.0495
	=	1.89

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.

Deswell Industries's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	16.0495	/	37.73
	=	0.43

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.

Deswell Industries Days Inventory Related Terms

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

Deswell Industries (Deswell Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Deswell Industries Inc (NAS:DSWL) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

DW2:Germany

Address

10B, Edificio Associacao Industrial De Macau, No. 32-36 Rua do Comandante Mata e Oliveira, Macao, MAC

Website

https://www.deswell.com

Deswell Industries Inc is engaged in the manufacturing and selling of injection-molded plastic parts and components. In addition, it also offers manufacturing services for electronic products and subassemblies and manufactures metallic molds and accessory parts for original equipment manufacturers and contract manufacturers. The company conducts all of its manufacturing activities at separate plastics, electronics and metallic operation factories located in the People's Republic of China. It operates through the Plastic Injection Molding and Electronic Products Assembling segments. The firm offers products such as automobile components, medical testing equipment, parts for audio equipment, av receivers, active subwoofers, digital system key sets, communication products and others.