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Airlux Electrical Co (ROCO:4609) Days Inventory : 124.65 (As of Mar. 2024)


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What is Airlux Electrical Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Airlux Electrical Co's Average Total Inventories for the three months ended in Mar. 2024 was NT$20.87 Mil. Airlux Electrical Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$15.28 Mil. Hence, Airlux Electrical Co's Days Inventory for the three months ended in Mar. 2024 was 124.65.

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

ROCO:4609' s Days Inventory Range Over the Past 10 Years
Min: 38.83   Med: 75.04   Max: 109.47
Current: 88.95

During the past 13 years, Airlux Electrical Co's highest Days Inventory was 109.47. The lowest was 38.83. And the median was 75.04.

ROCO:4609's Days Inventory is ranked better than
57.66% of 2409 companies
in the Hardware industry
Industry Median: 101.86 vs ROCO:4609: 88.95

Airlux Electrical Co's Days Inventory increased from Mar. 2023 (72.28) to Mar. 2024 (124.65). It might indicate that Airlux Electrical Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Airlux Electrical Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.73.

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. Airlux Electrical Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.38.


Airlux Electrical Co Days Inventory Historical Data

The historical data trend for Airlux Electrical 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.

Airlux Electrical Co Days Inventory Chart

Airlux Electrical 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 106.51 64.35 38.83 88.11 109.47

Airlux Electrical 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 72.28 91.38 71.35 66.26 124.65

Competitive Comparison of Airlux Electrical Co's Days Inventory

For the Consumer Electronics subindustry, Airlux Electrical 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.


Airlux Electrical Co's Days Inventory Distribution in the Hardware Industry

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

* The bar in red indicates where Airlux Electrical Co's Days Inventory falls into.



Airlux Electrical Co Days Inventory Calculation

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

Airlux Electrical 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
=( (30.852 + 19.146) / 2 ) / 83.353*365
=24.999 / 83.353*365
=109.47

Airlux Electrical 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
=( (19.146 + 22.593) / 2 ) / 15.278*365 / 4
=20.8695 / 15.278*365 / 4
=124.65

* 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.


Airlux Electrical Co  (ROCO:4609) 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.

Airlux Electrical 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.

Airlux Electrical 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.


Airlux Electrical Co Days Inventory Related Terms

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


Airlux Electrical Co (ROCO:4609) Business Description

Traded in Other Exchanges
N/A
Address
2-20 Nanyuan Road, Chungli, Taoyuan Hsien, TWN
Airlux Electrical Co Ltd is a Taiwan based electrical appliances company. It is involved in the development of motor driven electrical appliances such as table blenders, food processor, hand blender, stand mixer and others. The company also offers other appliances such as soup maker, ceramic heater, convection oven, contact grill and others.

Airlux Electrical Co (ROCO:4609) Headlines

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