iXensor Co (ROCO:6734) Days Inventory : 305.10 (As of Dec. 2023)

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What is iXensor Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). iXensor Co's Average Total Inventories for the six months ended in Dec. 2023 was NT$13.89 Mil. iXensor Co's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$8.31 Mil. Hence, iXensor Co's Days Inventory for the six months ended in Dec. 2023 was 305.10.

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

ROCO:6734' s Days Inventory Range Over the Past 10 Years
Min: 95.21 Med: 345.79 Max: 683.32
Current: 298.77

During the past 8 years, iXensor Co's highest Days Inventory was 683.32. The lowest was 95.21. And the median was 345.79.

ROCO:6734's Days Inventory is ranked worse than
74.03% of 774 companies
in the Medical Devices & Instruments industry
Industry Median: 193.465 vs ROCO:6734: 298.77

iXensor Co's Days Inventory increased from Dec. 2022 (287.70) to Dec. 2023 (305.10). It might indicate that iXensor Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. iXensor Co's Inventory Turnover for the six months ended in Dec. 2023 was 0.60.

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. iXensor Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 1.46.

iXensor Co Days Inventory Historical Data

The historical data trend for iXensor Co'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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iXensor Co Days Inventory Chart

iXensor Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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383.60

683.32

399.53

196.98

300.94

iXensor Co Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial									278.63	161.13	287.70	292.07	305.10

Competitive Comparison of iXensor Co's Days Inventory

For the Medical Devices subindustry, iXensor Co'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.

iXensor Co's Days Inventory Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, iXensor Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where iXensor Co's Days Inventory falls into.

iXensor Co Days Inventory Calculation

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

iXensor Co'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
=	( (19.581	+	12.228)	/	2 )	/	19.29	*	365
=	15.9045					/	19.29	*	365
=	300.94

iXensor Co'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
=	( (15.56	+	12.228)	/	2 )	/	8.311	*	365 / 2
=	13.894					/	8.311	*	365 / 2
=	305.10

iXensor Co (ROCO:6734) 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.

iXensor Co's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	8.311	/	13.894
	=	0.60

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.

iXensor Co's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	13.894	/	9.503
	=	1.46

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.

iXensor Co Days Inventory Related Terms

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

iXensor Co (ROCO:6734) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » iXensor Co Ltd (ROCO:6734) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9, Lane 2, Lane 35, Jihu Road, 6th Floor, Neihu District, Taipei, TWN, 11492

Website

https://www.ixensor.com

iXensor Co Ltd is a Taiwan based company involved in research and development, manufacturing and sales of medical equipment. Its PixoTest technology utilizes the lighting and image sensing module of the smartphone or mobile device to detect the color change reaction on the biochemical test strip. This enables the users to monitor their conditions of diabetes, cardiovascular diseases, women health problems, or infectious diseases.

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