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Nan Ya Plastics (TPE:1303) Days Inventory : 79.30 (As of Dec. 2023)


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What is Nan Ya Plastics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nan Ya Plastics's Average Total Inventories for the three months ended in Dec. 2023 was NT$50,594 Mil. Nan Ya Plastics's Cost of Goods Sold for the three months ended in Dec. 2023 was NT$58,220 Mil. Hence, Nan Ya Plastics's Days Inventory for the three months ended in Dec. 2023 was 79.30.

The historical rank and industry rank for Nan Ya Plastics's Days Inventory or its related term are showing as below:

TPE:1303' s Days Inventory Range Over the Past 10 Years
Min: 54.22   Med: 59.1   Max: 79.28
Current: 79.28

During the past 13 years, Nan Ya Plastics's highest Days Inventory was 79.28. The lowest was 54.22. And the median was 59.10.

TPE:1303's Days Inventory is ranked better than
52.78% of 1493 companies
in the Chemicals industry
Industry Median: 82.8 vs TPE:1303: 79.28

Nan Ya Plastics's Days Inventory increased from Dec. 2022 (76.35) to Dec. 2023 (79.30). It might indicate that Nan Ya Plastics's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nan Ya Plastics's Inventory Turnover for the three months ended in Dec. 2023 was 1.15.

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. Nan Ya Plastics's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.80.


Nan Ya Plastics Days Inventory Historical Data

The historical data trend for Nan Ya Plastics'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.

Nan Ya Plastics Days Inventory Chart

Nan Ya Plastics 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 64.05 64.59 58.53 66.97 78.56

Nan Ya Plastics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 76.35 80.95 82.00 75.72 79.30

Competitive Comparison of Nan Ya Plastics's Days Inventory

For the Specialty Chemicals subindustry, Nan Ya Plastics'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.


Nan Ya Plastics's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nan Ya Plastics's Days Inventory distribution charts can be found below:

* The bar in red indicates where Nan Ya Plastics's Days Inventory falls into.



Nan Ya Plastics Days Inventory Calculation

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

Nan Ya Plastics'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
=( (52985.302 + 50552.031) / 2 ) / 240519.344*365
=51768.6665 / 240519.344*365
=78.56

Nan Ya Plastics'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (50635.835 + 50552.031) / 2 ) / 58220.146*365 / 4
=50593.933 / 58220.146*365 / 4
=79.30

* 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.


Nan Ya Plastics  (TPE:1303) 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.

Nan Ya Plastics's Inventory Turnover for the three months ended in Dec. 2023 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.

Nan Ya Plastics's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=50593.933 / 62991.958
=0.80

* 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.


Nan Ya Plastics Days Inventory Related Terms

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


Nan Ya Plastics (TPE:1303) Business Description

Traded in Other Exchanges
N/A
Address
101, Shuiguan Road, Renwu District, Kaohsiung, TWN, 814
Nan Ya Plastics Corp manufactures and sells a variety of polyester and electronic products. The company's segments include plastic products, plastic material, electronic material, and fiber products. Its plastic product segments include the manufacture and sale of plastic processing products including flexible polyvinyl chloride (PVC) sheets. The plastic material segment is engaged in the manufacture and sale of plastic petrochemical raw materials such as ethylene glycol. The electronic materials segment is engaged in the manufacture and sale of copper clad laminate. The fiber products segment engages in the production and sale of polyester products. The company operates in Taiwan, China, Hong Kong, and others.

Nan Ya Plastics (TPE:1303) Headlines

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