Days Inventory is also known as Days Sales of Inventory (DSI). Hotai Motor Co's Average Total Inventories for the
three
months ended in Dec. 2023 was NT$16,142 Mil. Hotai Motor Co's Cost of Goods Sold for the
three
months ended in Dec. 2023 was NT$54,175 Mil.
Hence, Hotai Motor Co's Days Inventory for the
three
months ended in Dec. 2023 was 27.19.
The historical rank and industry rank for Hotai Motor Co's Days Inventory or its related term are showing as below:
TPE:2207'
s Days Inventory Range Over the Past 10 Years
Min: 14.76 Med: 20.04 Max: 29.24
Current: 29.24
During the past 13 years, Hotai Motor Co's highest Days Inventory was 29.24. The lowest was 14.76. And the median was 20.04.
TPE:2207's Days Inventory is ranked better than 91.74% of 1259
companies
in the Vehicles & Parts industry
Industry Median: 81.77
vs TPE:2207: 29.24
Hotai Motor Co's Days Inventory
increased
from Dec. 2022 (24.25) to Dec. 2023 (27.19).
It might indicate that Hotai Motor Co's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Hotai Motor Co's Inventory Turnover for the
three
months ended in Dec. 2023 was 3.36.
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.
Hotai Motor Co's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.25.
Hotai Motor Co Days Inventory Historical Data
The historical data trend for Hotai Motor 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.
Competitive Comparison of Hotai Motor Co's Days Inventory
For the Auto & Truck Dealerships subindustry, Hotai Motor 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.
Hotai Motor Co's Days Inventory Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Hotai Motor Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Hotai Motor Co's Days Inventory falls into.
Hotai Motor Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Hotai Motor Co's Days Inventory for the fiscal year that ended in Dec. 2023 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.
Hotai Motor Co (TPE:2207) 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.
Hotai Motor Co'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.
Hotai Motor Co's Inventory to Revenue for the
three
months ended in Dec. 2023 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.
Hotai Motor Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Hotai Motor Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Hotai Motor Co Ltd is an automobile distribution company domiciled in Taiwan. The company distributes new and used passenger vehicles under the Toyota and Lexus brands; commercial vehicles, including trucks, under the Toyota and HINO brands; and Toyota industrial equipment. It earns more than half its sales from HINO- and Toyota-branded products. In addition to vehicle sales, Hotai Motor provides leasing and financing services, insurance, vehicle accessories, and vehicle servicing. Its segments include the Distributor of Toyota and Hino products segments, Installment trading, Leasing, Property insurance, overseas sales agent and other segments. It has operations across both Taiwan and mainland China, with the vast majority of revenue derived domestically.
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