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Rexon Industrial (TPE:1515) Days Inventory : 33.96 (As of Mar. 2024)


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What is Rexon Industrial Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Rexon Industrial's Average Total Inventories for the three months ended in Mar. 2024 was NT$669 Mil. Rexon Industrial's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$1,797 Mil. Hence, Rexon Industrial's Days Inventory for the three months ended in Mar. 2024 was 33.96.

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

TPE:1515' s Days Inventory Range Over the Past 10 Years
Min: 33.62   Med: 54.61   Max: 106.24
Current: 34.73

During the past 13 years, Rexon Industrial's highest Days Inventory was 106.24. The lowest was 33.62. And the median was 54.61.

TPE:1515's Days Inventory is ranked better than
93.23% of 2912 companies
in the Industrial Products industry
Industry Median: 120.82 vs TPE:1515: 34.73

Rexon Industrial's Days Inventory declined from Mar. 2023 (95.69) to Mar. 2024 (33.96).

Inventory Turnover measures how fast the company turns over its inventory within a year. Rexon Industrial's Inventory Turnover for the three months ended in Mar. 2024 was 2.69.

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. Rexon Industrial's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.31.


Rexon Industrial Days Inventory Historical Data

The historical data trend for Rexon Industrial'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.

Rexon Industrial Days Inventory Chart

Rexon Industrial 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 39.60 33.62 35.37 106.24 43.20

Rexon Industrial 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 95.69 56.28 31.95 31.57 33.96

Competitive Comparison of Rexon Industrial's Days Inventory

For the Specialty Industrial Machinery subindustry, Rexon Industrial'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.


Rexon Industrial's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Rexon Industrial's Days Inventory distribution charts can be found below:

* The bar in red indicates where Rexon Industrial's Days Inventory falls into.



Rexon Industrial Days Inventory Calculation

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

Rexon Industrial'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
=( (582.816 + 740.957) / 2 ) / 5592.241*365
=661.8865 / 5592.241*365
=43.20

Rexon Industrial'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
=( (740.957 + 596.563) / 2 ) / 1796.854*365 / 4
=668.76 / 1796.854*365 / 4
=33.96

* 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.


Rexon Industrial  (TPE:1515) 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.

Rexon Industrial'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.

Rexon Industrial'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.


Rexon Industrial Days Inventory Related Terms

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


Rexon Industrial (TPE:1515) Business Description

Traded in Other Exchanges
N/A
Address
N0.261,Renhua Road, Dali, Taichung, TWN, 412
Rexon Industrial Corp Ltd manufactures machine tools, woodworking machines, and fitness equipment. The company's products include bench drill press, laser compound miter saw, nailer and stapler kit, treadmill, and smart trainer, among others.The group has only one reportable segment, which is the automatic facilities and fitness equipment segment. The automatic facilities and sports and fitness equipment segment engages mainly in the manufacturing and selling of drills, woodworking tools, automatic facilities, and fitness equipment. It has operations in both the United States and Asia.

Rexon Industrial (TPE:1515) Headlines

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