GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » T-Conn Precision Corp (ROCO:6833) » Definitions » Days Inventory

T-Conn Precision (ROCO:6833) Days Inventory : 131.85 (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is T-Conn Precision Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). T-Conn Precision's Average Total Inventories for the six months ended in Dec. 2023 was NT$331 Mil. T-Conn Precision's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$458 Mil. Hence, T-Conn Precision's Days Inventory for the six months ended in Dec. 2023 was 131.85.

The historical rank and industry rank for T-Conn Precision's Days Inventory or its related term are showing as below:

ROCO:6833' s Days Inventory Range Over the Past 10 Years
Min: 46.69   Med: 61.62   Max: 127.14
Current: 127.14

During the past 6 years, T-Conn Precision's highest Days Inventory was 127.14. The lowest was 46.69. And the median was 61.62.

ROCO:6833's Days Inventory is ranked worse than
52.64% of 2899 companies
in the Industrial Products industry
Industry Median: 121.51 vs ROCO:6833: 127.14

T-Conn Precision's Days Inventory increased from Dec. 2022 (85.60) to Dec. 2023 (131.85). It might indicate that T-Conn Precision's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. T-Conn Precision's Inventory Turnover for the six months ended in Dec. 2023 was 1.38.

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. T-Conn Precision's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.64.


T-Conn Precision Days Inventory Historical Data

The historical data trend for T-Conn Precision'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.

T-Conn Precision Days Inventory Chart

T-Conn Precision Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 46.69 58.66 61.62 80.97 117.00

T-Conn Precision Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only 56.11 58.26 85.60 132.63 131.85

Competitive Comparison of T-Conn Precision's Days Inventory

For the Electrical Equipment & Parts subindustry, T-Conn Precision'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.


T-Conn Precision's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, T-Conn Precision's Days Inventory distribution charts can be found below:

* The bar in red indicates where T-Conn Precision's Days Inventory falls into.



T-Conn Precision Days Inventory Calculation

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

T-Conn Precision'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
=( (222.244 + 320.256) / 2 ) / 846.229*365
=271.25 / 846.229*365
=117.00

T-Conn Precision'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
=( (341.772 + 320.256) / 2 ) / 458.182*365 / 2
=331.014 / 458.182*365 / 2
=131.85

* 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.


T-Conn Precision  (ROCO:6833) 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.

T-Conn Precision'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.

T-Conn Precision'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.


T-Conn Precision Days Inventory Related Terms

Thank you for viewing the detailed overview of T-Conn Precision's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


T-Conn Precision (ROCO:6833) Business Description

Traded in Other Exchanges
N/A
Address
Xintai 5th Road, 4th Floor-3, No. 79, Section 1, New Taipei City, TWN, 221
T-Conn Precision Corp is a professional connector manufacturer of power connectors for industrial automation, data center, and server and consumer solution. Its general products include Circular Connector, Terminal Block, High Power, Power Connector, DDR, USB, HDMI, Display Port, and RJ Connector.

T-Conn Precision (ROCO:6833) Headlines

No Headlines