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Baso Precision Optics (ROCO:6517) Days Inventory : 127.95 (As of Mar. 2024)


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What is Baso Precision Optics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Baso Precision Optics's Average Total Inventories for the three months ended in Mar. 2024 was NT$106.4 Mil. Baso Precision Optics's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$75.9 Mil. Hence, Baso Precision Optics's Days Inventory for the three months ended in Mar. 2024 was 127.95.

The historical rank and industry rank for Baso Precision Optics's Days Inventory or its related term are showing as below:

ROCO:6517' s Days Inventory Range Over the Past 10 Years
Min: 70.46   Med: 106.94   Max: 138.63
Current: 138.63

During the past 9 years, Baso Precision Optics's highest Days Inventory was 138.63. The lowest was 70.46. And the median was 106.94.

ROCO:6517's Days Inventory is ranked worse than
64.6% of 2407 companies
in the Hardware industry
Industry Median: 101.86 vs ROCO:6517: 138.63

Baso Precision Optics's Days Inventory increased from Mar. 2023 (117.86) to Mar. 2024 (127.95). It might indicate that Baso Precision Optics's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Baso Precision Optics's Inventory Turnover for the three months ended in Mar. 2024 was 0.71.

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. Baso Precision Optics's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.82.


Baso Precision Optics Days Inventory Historical Data

The historical data trend for Baso Precision Optics'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.

Baso Precision Optics Days Inventory Chart

Baso Precision Optics Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 113.36 106.94 108.83 107.75 138.33

Baso Precision Optics Quarterly Data
Dec14 Jun15 Dec15 Jun16 Dec19 Jun20 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 117.86 156.75 136.81 140.76 127.95

Competitive Comparison of Baso Precision Optics's Days Inventory

For the Electronic Components subindustry, Baso Precision Optics'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.


Baso Precision Optics's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Baso Precision Optics's Days Inventory distribution charts can be found below:

* The bar in red indicates where Baso Precision Optics's Days Inventory falls into.



Baso Precision Optics Days Inventory Calculation

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

Baso Precision Optics'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
=( (113.431 + 109.876) / 2 ) / 294.605*365
=111.6535 / 294.605*365
=138.33

Baso Precision Optics'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
=( (109.876 + 102.999) / 2 ) / 75.909*365 / 4
=106.4375 / 75.909*365 / 4
=127.95

* 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.


Baso Precision Optics  (ROCO:6517) 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.

Baso Precision Optics'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.

Baso Precision Optics'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.


Baso Precision Optics Days Inventory Related Terms

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


Baso Precision Optics (ROCO:6517) Business Description

Traded in Other Exchanges
N/A
Address
No.14, Jianguo Road, Tanzi District, Taichung, TWN, 427
Baso Precision Optics Ltd is engaged in manufacturing and selling lens, lens modules and elements, and other products. It designs lens for projectors, DSC lens module, scanners, telescopes, copiers and mobile phone lens module.

Baso Precision Optics (ROCO:6517) Headlines

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