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Arich Enterprise Co (ROCO:4173) Days Inventory : 51.47 (As of Mar. 2024)


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What is Arich Enterprise Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Arich Enterprise Co's Average Total Inventories for the three months ended in Mar. 2024 was NT$135 Mil. Arich Enterprise Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$240 Mil. Hence, Arich Enterprise Co's Days Inventory for the three months ended in Mar. 2024 was 51.47.

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

ROCO:4173' s Days Inventory Range Over the Past 10 Years
Min: 23.45   Med: 43.89   Max: 65.82
Current: 46.35

During the past 13 years, Arich Enterprise Co's highest Days Inventory was 65.82. The lowest was 23.45. And the median was 43.89.

ROCO:4173's Days Inventory is ranked worse than
61.59% of 466 companies
in the Healthcare Providers & Services industry
Industry Median: 31.825 vs ROCO:4173: 46.35

Arich Enterprise Co's Days Inventory declined from Mar. 2023 (51.88) to Mar. 2024 (51.47).

Inventory Turnover measures how fast the company turns over its inventory within a year. Arich Enterprise Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.77.

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. Arich Enterprise Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.43.


Arich Enterprise Co Days Inventory Historical Data

The historical data trend for Arich Enterprise 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.

Arich Enterprise Co Days Inventory Chart

Arich Enterprise 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 23.79 23.45 41.29 44.45 50.09

Arich Enterprise 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 51.88 44.10 36.80 49.30 51.47

Competitive Comparison of Arich Enterprise Co's Days Inventory

For the Pharmaceutical Retailers subindustry, Arich Enterprise 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.


Arich Enterprise Co's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Arich Enterprise Co's Days Inventory distribution charts can be found below:

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



Arich Enterprise Co Days Inventory Calculation

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

Arich Enterprise 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
=( (110.452 + 138.39) / 2 ) / 906.589*365
=124.421 / 906.589*365
=50.09

Arich Enterprise 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
=( (138.39 + 132.372) / 2 ) / 239.996*365 / 4
=135.381 / 239.996*365 / 4
=51.47

* 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.


Arich Enterprise Co  (ROCO:4173) 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.

Arich Enterprise 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.

Arich Enterprise 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.


Arich Enterprise Co Days Inventory Related Terms

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


Arich Enterprise Co (ROCO:4173) Business Description

Traded in Other Exchanges
N/A
Address
No.880, Zhongzheng Road, 14F-5, Zhonghe District, Taipei, TWN, 235601
Arich Enterprise Co Ltd is a Taiwan-based company operating in the pharmaceutical industry. The company is engaged in providing medical sales and promotion and logistics services. The company markets and sells pharmaceutical products. The company's services cover customers including medical centers, area hospitals, district hospitals, general practitioner, and key accounts which includes chain stores and hyper markets, drug stores, and wholesalers. The product portfolio of the company includes Actos, Aftach, Cytotec, Gaster, Prometin, Hicee, Lederscon, Alinamin, Nacid tab, Setoral, Sibutil, and many more.

Arich Enterprise Co (ROCO:4173) Headlines

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