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AGV Products (TPE:1217) Days Inventory : 97.11 (As of Mar. 2024)


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What is AGV Products Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). AGV Products's Average Total Inventories for the three months ended in Mar. 2024 was NT$880 Mil. AGV Products's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$827 Mil. Hence, AGV Products's Days Inventory for the three months ended in Mar. 2024 was 97.11.

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

TPE:1217' s Days Inventory Range Over the Past 10 Years
Min: 76.83   Med: 83.97   Max: 105.42
Current: 93.99

During the past 13 years, AGV Products's highest Days Inventory was 105.42. The lowest was 76.83. And the median was 83.97.

TPE:1217's Days Inventory is ranked worse than
57.25% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 82.1 vs TPE:1217: 93.99

AGV Products's Days Inventory declined from Mar. 2023 (103.29) to Mar. 2024 (97.11).

Inventory Turnover measures how fast the company turns over its inventory within a year. AGV Products's Inventory Turnover for the three months ended in Mar. 2024 was 0.94.

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. AGV Products's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.76.


AGV Products Days Inventory Historical Data

The historical data trend for AGV Products'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.

AGV Products Days Inventory Chart

AGV Products 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 76.91 81.17 86.77 96.03 97.25

AGV Products 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 103.29 114.56 72.00 113.13 97.11

Competitive Comparison of AGV Products's Days Inventory

For the Packaged Foods subindustry, AGV Products'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.


AGV Products's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, AGV Products's Days Inventory distribution charts can be found below:

* The bar in red indicates where AGV Products's Days Inventory falls into.



AGV Products Days Inventory Calculation

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

AGV Products'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
=( (966.278 + 891.424) / 2 ) / 3486.325*365
=928.851 / 3486.325*365
=97.25

AGV Products'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
=( (891.424 + 869.425) / 2 ) / 827.32*365 / 4
=880.4245 / 827.32*365 / 4
=97.11

* 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.


AGV Products  (TPE:1217) 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.

AGV Products'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.

AGV Products'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.


AGV Products Days Inventory Related Terms

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


AGV Products (TPE:1217) Business Description

Traded in Other Exchanges
N/A
Address
No. 11, Gongye 2nd Road, Touqiao Industrial Zone, Xingnan Village, Minxiong Township, Chiayi County, TWN
AGV Products Corp is engaged in manufacturing, processing, and distributing food products. It provides varieties of juices, dairy products, traditional food, and healthcare products. The company's products include green tea, herb tea, milk tea, spicy chili sauce, sweet chili sauce, pickled cucumber; olive oil, grape seed oil, canned food, and soft drinks among others. The segments of the company are the room temperature segment, low-temperature segment, international trade segment, health segment, and OEM segment. The majority of the revenue of the company comes from the Room Temperature segment.

AGV Products (TPE:1217) Headlines

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