Power Master Energy Co (ROCO:6839) Days Inventory : 234.13 (As of Dec. 2023)

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

What is Power Master Energy Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Power Master Energy Co's Average Total Inventories for the six months ended in Dec. 2023 was NT$816 Mil. Power Master Energy Co's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$636 Mil. Hence, Power Master Energy Co's Days Inventory for the six months ended in Dec. 2023 was 234.13.

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

ROCO:6839' s Days Inventory Range Over the Past 10 Years
Min: 8.75 Med: 26.7 Max: 164.31
Current: 154.77

During the past 6 years, Power Master Energy Co's highest Days Inventory was 164.31. The lowest was 8.75. And the median was 26.70.

ROCO:6839's Days Inventory is ranked worse than
61.55% of 944 companies
in the Semiconductors industry
Industry Median: 130.215 vs ROCO:6839: 154.77

Power Master Energy Co's Days Inventory increased from Dec. 2022 (78.78) to Dec. 2023 (234.13). It might indicate that Power Master Energy Co'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. Power Master Energy Co's Inventory Turnover for the six months ended in Dec. 2023 was 0.78.

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. Power Master Energy Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 1.02.

Power Master Energy Co Days Inventory Historical Data

The historical data trend for Power Master Energy 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.

Power Master Energy Co Days Inventory Chart

Power Master Energy Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

12.48

15.15

38.24

54.13

164.31

Power Master Energy Co Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial					23.08	15.63	78.78	106.52	234.13

Competitive Comparison of Power Master Energy Co's Days Inventory

For the Solar subindustry, Power Master Energy 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.

Power Master Energy Co's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Power Master Energy Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Power Master Energy Co's Days Inventory falls into.

Power Master Energy Co Days Inventory Calculation

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

Power Master Energy 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
=	( (742.892	+	938.384)	/	2 )	/	1867.36	*	365
=	840.638					/	1867.36	*	365
=	164.31

Power Master Energy 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
=	( (694.228	+	938.384)	/	2 )	/	636.299	*	365 / 2
=	816.306					/	636.299	*	365 / 2
=	234.13

Power Master Energy Co (ROCO:6839) 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.

Power Master Energy Co's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	636.299	/	816.306
	=	0.78

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.

Power Master Energy Co's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	816.306	/	798.225
	=	1.02

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.

Power Master Energy Co Days Inventory Related Terms

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

Power Master Energy Co (ROCO:6839) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Power Master Energy Co Ltd (ROCO:6839) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

3, Zhongzheng Road, 8th Floor, No. 651, Xinzhuang District, New Taipei City, TWN

Website

https://www.powermaster.com.tw

Power Master Energy Co Ltd Formerly Power Master II Holdings Co Ltd is a professional solar power system provider in Taiwan. The business scope is divided into the four main axes of the solar power systems: Engineering Contract EPC, Power Plant Investment, Maintenance Operation Management, and Energy Storage System. It also develops solar photovoltaic components such as modules, brackets, and inverters.

Power Master Energy Co (ROCO:6839) Headlines

No Headlines