Yao I Fabric Co (ROCO:4430) Days Inventory : 122.76 (As of Mar. 2024)

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What is Yao I Fabric Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Yao I Fabric Co's Average Total Inventories for the three months ended in Mar. 2024 was NT$531 Mil. Yao I Fabric Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$395 Mil. Hence, Yao I Fabric Co's Days Inventory for the three months ended in Mar. 2024 was 122.76.

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

ROCO:4430' s Days Inventory Range Over the Past 10 Years
Min: 116.94 Med: 129.89 Max: 153.13
Current: 125.86

During the past 13 years, Yao I Fabric Co's highest Days Inventory was 153.13. The lowest was 116.94. And the median was 129.89.

ROCO:4430's Days Inventory is ranked better than
52.34% of 1003 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 131.33 vs ROCO:4430: 125.86

Yao I Fabric Co's Days Inventory declined from Mar. 2023 (123.23) to Mar. 2024 (122.76).

Inventory Turnover measures how fast the company turns over its inventory within a year. Yao I Fabric Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.74.

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. Yao I Fabric Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.11.

Yao I Fabric Co Days Inventory Historical Data

The historical data trend for Yao I Fabric 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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Yao I Fabric Co Days Inventory Chart

Yao I Fabric Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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118.58

123.33

135.85

153.13

133.07

Yao I Fabric 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															123.23	128.44	127.28	129.09	122.76

Competitive Comparison of Yao I Fabric Co's Days Inventory

For the Textile Manufacturing subindustry, Yao I Fabric 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.

Yao I Fabric Co's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Yao I Fabric Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Yao I Fabric Co's Days Inventory falls into.

Yao I Fabric Co Days Inventory Calculation

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

Yao I Fabric 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
=	( (636.34	+	546.347)	/	2 )	/	1622.044	*	365
=	591.3435					/	1622.044	*	365
=	133.07

Yao I Fabric 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
=	( (546.347	+	515.995)	/	2 )	/	394.839	*	365 / 4
=	531.171					/	394.839	*	365 / 4
=	122.76

Yao I Fabric Co (ROCO:4430) 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.

Yao I Fabric Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	394.839	/	531.171
	=	0.74

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.

Yao I Fabric Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	531.171	/	479.05
	=	1.11

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.

Yao I Fabric Co Days Inventory Related Terms

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

Yao I Fabric Co (ROCO:4430) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Yao I Fabric Co Ltd (ROCO:4430) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zhangmei Road, Hemei Town, No. 334, Section 6, Chang Hua, TWN, 508

Website

http://www.yaoi.com.tw

Yao I Fabric Co Ltd is engaged in the manufacturing and export of tennis strings, badminton lines, fishing lines, industrial lines as well as nylon lines. The company operates in two business groups, such as filament and staple business groups. Its filament business includes trimmer line, monofilament, elastic mesh fabric, sporting goods, bedclothes, pet goods. The staple business includes staple fiber, automobile nonwovens.

Yao I Fabric Co (ROCO:4430) Headlines

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