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Feng Chi Biotech (ROCO:6744) Days Inventory : 80.53 (As of Dec. 2023)


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What is Feng Chi Biotech Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Feng Chi Biotech's Average Total Inventories for the six months ended in Dec. 2023 was NT$20.9 Mil. Feng Chi Biotech's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$47.4 Mil. Hence, Feng Chi Biotech's Days Inventory for the six months ended in Dec. 2023 was 80.53.

The historical rank and industry rank for Feng Chi Biotech's Days Inventory or its related term are showing as below:

ROCO:6744' s Days Inventory Range Over the Past 10 Years
Min: 60.4   Med: 91.39   Max: 116.7
Current: 81.99

During the past 8 years, Feng Chi Biotech's highest Days Inventory was 116.70. The lowest was 60.40. And the median was 91.39.

ROCO:6744's Days Inventory is ranked better than
79.17% of 653 companies
in the Biotechnology industry
Industry Median: 192.72 vs ROCO:6744: 81.99

Feng Chi Biotech's Days Inventory declined from Dec. 2022 (100.25) to Dec. 2023 (80.53).

Inventory Turnover measures how fast the company turns over its inventory within a year. Feng Chi Biotech's Inventory Turnover for the six months ended in Dec. 2023 was 2.27.

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. Feng Chi Biotech's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.24.


Feng Chi Biotech Days Inventory Historical Data

The historical data trend for Feng Chi Biotech'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.

Feng Chi Biotech Days Inventory Chart

Feng Chi Biotech Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 94.79 96.71 89.45 75.96 81.33

Feng Chi Biotech Semi-Annual Data
Dec16 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 85.20 73.24 100.25 83.95 80.53

Competitive Comparison of Feng Chi Biotech's Days Inventory

For the Biotechnology subindustry, Feng Chi Biotech'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.


Feng Chi Biotech's Days Inventory Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Feng Chi Biotech's Days Inventory distribution charts can be found below:

* The bar in red indicates where Feng Chi Biotech's Days Inventory falls into.



Feng Chi Biotech Days Inventory Calculation

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

Feng Chi Biotech'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
=( (25.464 + 19.037) / 2 ) / 99.857*365
=22.2505 / 99.857*365
=81.33

Feng Chi Biotech'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
=( (22.794 + 19.037) / 2 ) / 47.4*365 / 2
=20.9155 / 47.4*365 / 2
=80.53

* 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.


Feng Chi Biotech  (ROCO:6744) 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.

Feng Chi Biotech'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.

Feng Chi Biotech'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.


Feng Chi Biotech Days Inventory Related Terms

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


Feng Chi Biotech (ROCO:6744) Business Description

Traded in Other Exchanges
N/A
Address
No. 5, Shaoxing North Street, 5th Floor-1, Zhongzheng District, Taipei City, TWN, 100
Feng Chi Biotech Corp provide promotion and support for clinical testing and molecular genetic medicine research related technologies. The company's products and services include clinical testing, food testing, newborn screening, prenatal screening, iron stomach, interscience, and colony counting.

Feng Chi Biotech (ROCO:6744) Headlines

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