Astrasun Solar PCL (BUD:ASTRASUN) Days Inventory : 122.10 (As of Dec. 2023)

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What is Astrasun Solar PCL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Astrasun Solar PCL's Average Total Inventories for the six months ended in Dec. 2023 was Ft118 Mil. Astrasun Solar PCL's Cost of Goods Sold for the six months ended in Dec. 2023 was Ft177 Mil. Hence, Astrasun Solar PCL's Days Inventory for the six months ended in Dec. 2023 was 122.10.

The historical rank and industry rank for Astrasun Solar PCL's Days Inventory or its related term are showing as below:

BUD:ASTRASUN' s Days Inventory Range Over the Past 10 Years
Min: 102.36 Med: 106.8 Max: 113.19
Current: 113.19

During the past 2 years, Astrasun Solar PCL's highest Days Inventory was 113.19. The lowest was 102.36. And the median was 106.80.

BUD:ASTRASUN's Days Inventory is ranked better than
57.1% of 944 companies
in the Semiconductors industry
Industry Median: 130.255 vs BUD:ASTRASUN: 113.19

Astrasun Solar PCL's Days Inventory increased from Dec. 2022 (117.96) to Dec. 2023 (122.10). It might indicate that Astrasun Solar PCL's sales slowed down.

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. Astrasun Solar PCL's Inventory Turnover for the six months ended in Dec. 2023 was 1.49.

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. Astrasun Solar PCL's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.19.

Astrasun Solar PCL Days Inventory Historical Data

The historical data trend for Astrasun Solar PCL'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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Astrasun Solar PCL Days Inventory Chart

Astrasun Solar PCL Annual Data

Trend

Dec22

Dec23

Days Inventory

111.24

102.36

Astrasun Solar PCL Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Days Inventory	-	117.96	115.25	122.10

Competitive Comparison of Astrasun Solar PCL's Days Inventory

For the Solar subindustry, Astrasun Solar PCL'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.

Astrasun Solar PCL's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Astrasun Solar PCL's Days Inventory distribution charts can be found below:

* The bar in red indicates where Astrasun Solar PCL's Days Inventory falls into.

Astrasun Solar PCL Days Inventory Calculation

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

Astrasun Solar PCL'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
=	( (99.935	+	103.108)	/	2 )	/	362.01	*	365
=	101.5215					/	362.01	*	365
=	102.36

Astrasun Solar PCL'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
=	( (133.738	+	103.108)	/	2 )	/	177.004	*	365 / 2
=	118.423					/	177.004	*	365 / 2
=	122.10

Astrasun Solar PCL (BUD:ASTRASUN) 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.

Astrasun Solar PCL's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	177.004	/	118.423
	=	1.49

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.

Astrasun Solar PCL's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	118.423	/	622.053
	=	0.19

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.

Astrasun Solar PCL Days Inventory Related Terms

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

Astrasun Solar PCL (BUD:ASTRASUN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Astrasun Solar PCL (BUD:ASTRASUN) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kossuth Lajos Strreet 103, Csomad, HUN, H-2161

Website

https://www.astrasun.solar

Astrasun Solar PCL plays key role in the Hungarian renewable energy market. Astrasun is a solar power plant project developer Company, and invests in green energy.

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