GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Eminent Luggage Corp (ROCO:9950) » Definitions » Days Inventory

Eminent Luggage (ROCO:9950) Days Inventory : 129.58 (As of Mar. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Eminent Luggage Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Eminent Luggage's Average Total Inventories for the three months ended in Mar. 2024 was NT$644 Mil. Eminent Luggage's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$453 Mil. Hence, Eminent Luggage's Days Inventory for the three months ended in Mar. 2024 was 129.58.

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

ROCO:9950' s Days Inventory Range Over the Past 10 Years
Min: 69.29   Med: 87.99   Max: 206.84
Current: 105.71

During the past 13 years, Eminent Luggage's highest Days Inventory was 206.84. The lowest was 69.29. And the median was 87.99.

ROCO:9950's Days Inventory is ranked better than
60% of 1010 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.685 vs ROCO:9950: 105.71

Eminent Luggage's Days Inventory increased from Mar. 2023 (109.03) to Mar. 2024 (129.58). It might indicate that Eminent Luggage's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Eminent Luggage's Inventory Turnover for the three months ended in Mar. 2024 was 0.70.

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. Eminent Luggage's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.98.


Eminent Luggage Days Inventory Historical Data

The historical data trend for Eminent Luggage'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.

Eminent Luggage Days Inventory Chart

Eminent Luggage Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 77.96 206.84 182.22 102.49 102.30

Eminent Luggage Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 109.03 90.21 91.59 120.27 129.58

Competitive Comparison of Eminent Luggage's Days Inventory

For the Footwear & Accessories subindustry, Eminent Luggage'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.


Eminent Luggage's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Eminent Luggage's Days Inventory distribution charts can be found below:

* The bar in red indicates where Eminent Luggage's Days Inventory falls into.



Eminent Luggage Days Inventory Calculation

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

Eminent Luggage'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
=( (550.522 + 642.083) / 2 ) / 2127.556*365
=596.3025 / 2127.556*365
=102.30

Eminent Luggage's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (642.083 + 645.524) / 2 ) / 453.371*365 / 4
=643.8035 / 453.371*365 / 4
=129.58

* 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.


Eminent Luggage  (ROCO:9950) 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.

Eminent Luggage's Inventory Turnover for the three months ended in Mar. 2024 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.

Eminent Luggage's Inventory to Revenue for the three months ended in Mar. 2024 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.


Eminent Luggage Days Inventory Related Terms

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


Eminent Luggage (ROCO:9950) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Sec.2, Zhongshan S. Road, Guiren District, Tainan City, TWN, 71152
Eminent Luggage Corporation is engaged in the manufacturing and marketing of luggage. The products of the company include suitcases, packages, bags, travel accessories, and leisure products.

Eminent Luggage (ROCO:9950) Headlines

No Headlines