AMED Co (ROCO:7575) Days Inventory : 166.46 (As of Dec. 2023)

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What is AMED Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). AMED Co's Average Total Inventories for the six months ended in Dec. 2023 was NT$118.9 Mil. AMED Co's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$130.3 Mil. Hence, AMED Co's Days Inventory for the six months ended in Dec. 2023 was 166.46.

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

ROCO:7575' s Days Inventory Range Over the Past 10 Years
Min: 187.38 Med: 202.98 Max: 210.22
Current: 187.38

During the past 5 years, AMED Co's highest Days Inventory was 210.22. The lowest was 187.38. And the median was 202.98.

ROCO:7575's Days Inventory is ranked better than
52.37% of 779 companies
in the Medical Devices & Instruments industry
Industry Median: 193.31 vs ROCO:7575: 187.38

AMED Co's Days Inventory declined from Dec. 2022 (224.88) to Dec. 2023 (166.46).

Inventory Turnover measures how fast the company turns over its inventory within a year. AMED Co's Inventory Turnover for the six months ended in Dec. 2023 was 1.10.

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. AMED Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.29.

AMED Co Days Inventory Historical Data

The historical data trend for AMED 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.

AMED Co Days Inventory Chart

AMED Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

197.85

210.22

202.98

203.22

189.49

AMED Co Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial				189.96	233.22	224.88	210.10	166.46

Competitive Comparison of AMED Co's Days Inventory

For the Medical Instruments & Supplies subindustry, AMED 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.

AMED Co's Days Inventory Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, AMED Co's Days Inventory distribution charts can be found below:

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

AMED Co Days Inventory Calculation

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

AMED 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
=	( (130.797	+	117.632)	/	2 )	/	239.266	*	365
=	124.2145					/	239.266	*	365
=	189.49

AMED 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
=	( (120.076	+	117.632)	/	2 )	/	130.31	*	365 / 2
=	118.854					/	130.31	*	365 / 2
=	166.46

AMED Co (ROCO:7575) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	130.31	/	118.854
	=	1.10

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	118.854	/	412.248
	=	0.29

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.

AMED Co Days Inventory Related Terms

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

AMED Co (ROCO:7575) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » AMED Co Ltd (ROCO:7575) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 14, Wuquan 7th Road, 4th Floor, Wugu District, New Taipei, TWN

Website

https://www.amed.com.tw

AMED Co Ltd is fully committed to the research and development of UV photopolymerized hydrogels. It is a professional research and development and manufacturing company of wound dressing materials, providing proper wound care solutions, and marketing the product under the brand of Heli Dressing.

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