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Foxconn Technology Co (TPE:2354) Days Inventory : 29.99 (As of Mar. 2024)


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What is Foxconn Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Foxconn Technology Co's Average Total Inventories for the three months ended in Mar. 2024 was NT$2,604 Mil. Foxconn Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$7,922 Mil. Hence, Foxconn Technology Co's Days Inventory for the three months ended in Mar. 2024 was 29.99.

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

TPE:2354' s Days Inventory Range Over the Past 10 Years
Min: 9.82   Med: 16.83   Max: 23.12
Current: 23.12

During the past 13 years, Foxconn Technology Co's highest Days Inventory was 23.12. The lowest was 9.82. And the median was 16.83.

TPE:2354's Days Inventory is ranked better than
95.18% of 2409 companies
in the Hardware industry
Industry Median: 101.86 vs TPE:2354: 23.12

Foxconn Technology Co's Days Inventory increased from Mar. 2023 (19.69) to Mar. 2024 (29.99). It might indicate that Foxconn Technology Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Foxconn Technology Co's Inventory Turnover for the three months ended in Mar. 2024 was 3.04.

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. Foxconn Technology Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.29.


Foxconn Technology Co Days Inventory Historical Data

The historical data trend for Foxconn Technology 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.

* Premium members only.

Foxconn Technology Co Days Inventory Chart

Foxconn Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.00 13.94 19.95 23.08 21.15

Foxconn Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 19.69 24.31 16.78 29.67 29.99

Competitive Comparison of Foxconn Technology Co's Days Inventory

For the Electronics & Computer Distribution subindustry, Foxconn Technology 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.


Foxconn Technology Co's Days Inventory Distribution in the Hardware Industry

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

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



Foxconn Technology Co Days Inventory Calculation

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

Foxconn Technology 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
=( (4979.359 + 2992.854) / 2 ) / 68806.707*365
=3986.1065 / 68806.707*365
=21.15

Foxconn Technology Co'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: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (2992.854 + 2214.181) / 2 ) / 7921.952*365 / 4
=2603.5175 / 7921.952*365 / 4
=29.99

* 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.


Foxconn Technology Co  (TPE:2354) 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.

Foxconn Technology Co'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.

Foxconn Technology Co'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.


Foxconn Technology Co Days Inventory Related Terms

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


Foxconn Technology Co (TPE:2354) Business Description

Traded in Other Exchanges
N/A
Address
No. 3-2, Zhongshan Road, Tucheng District, Taipei, TWN
Foxconn Technology Co Ltd along with its subsidiaries is engaged in manufacturing, processing, and sales of case, heat dissipation modules, and consumer electronics products. The firm's operating segments include Trading services of electronic products and Manufacturing and sales of mechanical components. It generates a majority of its revenue from the Electronic product trading segment. Geographically, the company operates in China, Japan, Taiwan, USA, and others. It generates a majority of its revenue from Japan followed by China.

Foxconn Technology Co (TPE:2354) Headlines

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