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C C P Contact Probes Co (ROCO:6217) Days Inventory : 85.98 (As of Dec. 2023)


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What is C C P Contact Probes Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). C C P Contact Probes Co's Average Total Inventories for the three months ended in Dec. 2023 was NT$391 Mil. C C P Contact Probes Co's Cost of Goods Sold for the three months ended in Dec. 2023 was NT$415 Mil. Hence, C C P Contact Probes Co's Days Inventory for the three months ended in Dec. 2023 was 85.98.

The historical rank and industry rank for C C P Contact Probes Co's Days Inventory or its related term are showing as below:

ROCO:6217' s Days Inventory Range Over the Past 10 Years
Min: 56.25   Med: 66.17   Max: 85.08
Current: 79.35

During the past 13 years, C C P Contact Probes Co's highest Days Inventory was 85.08. The lowest was 56.25. And the median was 66.17.

ROCO:6217's Days Inventory is ranked better than
63.79% of 2408 companies
in the Hardware industry
Industry Median: 102.415 vs ROCO:6217: 79.35

C C P Contact Probes Co's Days Inventory declined from Dec. 2022 (93.11) to Dec. 2023 (85.98).

Inventory Turnover measures how fast the company turns over its inventory within a year. C C P Contact Probes Co's Inventory Turnover for the three months ended in Dec. 2023 was 1.06.

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. C C P Contact Probes Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.65.


C C P Contact Probes Co Days Inventory Historical Data

The historical data trend for C C P Contact Probes 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.

C C P Contact Probes Co Days Inventory Chart

C C P Contact Probes 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 68.15 85.08 82.81 80.52 80.53

C C P Contact Probes Co 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 93.11 81.43 80.19 70.30 85.98

Competitive Comparison of C C P Contact Probes Co's Days Inventory

For the Electronic Components subindustry, C C P Contact Probes 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.


C C P Contact Probes Co's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, C C P Contact Probes Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where C C P Contact Probes Co's Days Inventory falls into.



C C P Contact Probes Co Days Inventory Calculation

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

C C P Contact Probes 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
=( (471.731 + 383.644) / 2 ) / 1938.536*365
=427.6875 / 1938.536*365
=80.53

C C P Contact Probes Co'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
=( (397.601 + 383.644) / 2 ) / 414.547*365 / 4
=390.6225 / 414.547*365 / 4
=85.98

* 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.


C C P Contact Probes Co  (ROCO:6217) 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.

C C P Contact Probes 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.

C C P Contact Probes 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.


C C P Contact Probes Co Days Inventory Related Terms

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


C C P Contact Probes Co (ROCO:6217) Business Description

Traded in Other Exchanges
N/A
Address
5F, No.8 Lane 24 Ho Ping Road, Panchiao Dist., New Taipei City, TWN
C C P Contact Probes Co Ltd offers testing solutions, including wafer level testing, general final test, high current solution, high-frequency solution, kelvin contact solution, memory test solution, burn-in test solution, fine pitch connector test, ATE connecting solution, IC probe search, and ICT probe search solutions. It also provides Pogo pin connectors, EV crown springs and Industrial connectors.

C C P Contact Probes Co (ROCO:6217) Headlines

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