Infinite Finance Co (ROCO:6958) Days Inventory : 0.00 (As of Dec. 2023)

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What is Infinite Finance Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Infinite Finance Co's Average Total Inventories for the six months ended in Dec. 2023 was NT$0 Mil. Infinite Finance Co's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$2,529 Mil. Hence, Infinite Finance Co's Days Inventory for the six months ended in Dec. 2023 was 0.00.

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

ROCO:6958's Days Inventory is not ranked ^*
in the Credit Services industry.
Industry Median: 43.015
* Ranked among companies with meaningful Days Inventory only.

Infinite Finance Co's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Infinite Finance Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.

Infinite Finance Co Days Inventory Historical Data

The historical data trend for Infinite Finance 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.

Infinite Finance Co Days Inventory Chart

Infinite Finance Co Annual Data

Trend

Dec22

Dec23

Days Inventory

Infinite Finance Co Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Days Inventory	-	-	-	-

Competitive Comparison of Infinite Finance Co's Days Inventory

For the Credit Services subindustry, Infinite Finance 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.

Infinite Finance Co's Days Inventory Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Infinite Finance Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Infinite Finance Co's Days Inventory falls into.

Infinite Finance Co Days Inventory Calculation

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

Infinite Finance 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
=	( (0	+	0)	/	1 )	/	4882.151	*	365
=	0					/	4882.151	*	365
=	0.00

Infinite Finance 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
=	( (0	+	0)	/	1 )	/	2528.74	*	365 / 2
=	0					/	2528.74	*	365 / 2
=	0.00

Infinite Finance Co (ROCO:6958) 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.

Infinite Finance Co's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2528.74	/	0
	=

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.

Infinite Finance Co's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	4655.291
	=	0.00

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.

Infinite Finance Co Days Inventory Related Terms

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

Infinite Finance Co (ROCO:6958) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Infinite Finance Co Ltd (ROCO:6958) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.68, Songjiang Road, 7th Floor, Zhongshan District, Taipei, TWN

Website

http://www.inftfinance.com

Infinite Finance Co Ltd provides various types of vehicle loans for heavy vehicles, tour buses, vans and small passenger cars, Its operations comprise procurement loans for heavy vehicles, tour buses, vans and small passenger cars; procurement loans and leasing services for various types of construction and engineering equipment include cranes, excavators, loaders, stackers, piling machines; letter of credit for imported machinery services; green energy financing and other services.

Infinite Finance Co (ROCO:6958) Headlines

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