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Das Technology Co (ROCO:6648) Days Inventory : 269.37 (As of Dec. 2023)


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What is Das Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Das Technology Co's Average Total Inventories for the six months ended in Dec. 2023 was NT$431.4 Mil. Das Technology Co's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$292.3 Mil. Hence, Das Technology Co's Days Inventory for the six months ended in Dec. 2023 was 269.37.

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

ROCO:6648' s Days Inventory Range Over the Past 10 Years
Min: 119.77   Med: 258.96   Max: 9034.86
Current: 295.3

During the past 11 years, Das Technology Co's highest Days Inventory was 9034.86. The lowest was 119.77. And the median was 258.96.

ROCO:6648's Days Inventory is ranked worse than
89.1% of 2899 companies
in the Industrial Products industry
Industry Median: 121.51 vs ROCO:6648: 295.30

Das Technology Co's Days Inventory declined from Dec. 2022 (274.02) to Dec. 2023 (269.37).

Inventory Turnover measures how fast the company turns over its inventory within a year. Das Technology Co's Inventory Turnover for the six months ended in Dec. 2023 was 0.68.

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. Das Technology Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 1.34.


Das Technology Co Days Inventory Historical Data

The historical data trend for Das Technology 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.

Das Technology Co Days Inventory Chart

Das Technology 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 379.62 219.08 316.09 232.11 285.81

Das Technology Co Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 323.18 193.96 274.02 339.59 269.37

Competitive Comparison of Das Technology Co's Days Inventory

For the Electrical Equipment & Parts subindustry, Das Technology 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.


Das Technology Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Das Technology Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Das Technology Co's Days Inventory falls into.



Das Technology Co Days Inventory Calculation

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

Das Technology 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
=( (396.787 + 415.928) / 2 ) / 518.942*365
=406.3575 / 518.942*365
=285.81

Das Technology 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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (446.819 + 415.928) / 2 ) / 292.257*365 / 2
=431.3735 / 292.257*365 / 2
=269.37

* 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.


Das Technology Co  (ROCO:6648) 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.

Das Technology Co's Inventory Turnover for the six 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.

Das Technology Co's Inventory to Revenue for the six 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.


Das Technology Co Days Inventory Related Terms

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


Das Technology Co (ROCO:6648) Business Description

Traded in Other Exchanges
N/A
Address
Keelung Road, Xinyi District, 5th Floor, No. 51, Section 2, Taipei, TWN
Das Technology Co Ltd is engaged in the development, manufacturing, and sales of multi-function electronic meter. It offers products and services such as smart meters, smart lights switches, smart sockets, and other aspects; hardware and software research and development. The company also provides home automation equipment and systems.

Das Technology Co (ROCO:6648) Headlines

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