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Yung Chi Paint & Varnish Mfg Co (TPE:1726) Days Inventory : 122.67 (As of Mar. 2024)


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What is Yung Chi Paint & Varnish Mfg Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Yung Chi Paint & Varnish Mfg Co's Average Total Inventories for the three months ended in Mar. 2024 was NT$2,267 Mil. Yung Chi Paint & Varnish Mfg Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$1,686 Mil. Hence, Yung Chi Paint & Varnish Mfg Co's Days Inventory for the three months ended in Mar. 2024 was 122.67.

The historical rank and industry rank for Yung Chi Paint & Varnish Mfg Co's Days Inventory or its related term are showing as below:

TPE:1726' s Days Inventory Range Over the Past 10 Years
Min: 115.4   Med: 120.59   Max: 128.19
Current: 127.3

During the past 13 years, Yung Chi Paint & Varnish Mfg Co's highest Days Inventory was 128.19. The lowest was 115.40. And the median was 120.59.

TPE:1726's Days Inventory is ranked worse than
73.31% of 1491 companies
in the Chemicals industry
Industry Median: 81.77 vs TPE:1726: 127.30

Yung Chi Paint & Varnish Mfg Co's Days Inventory increased from Mar. 2023 (120.42) to Mar. 2024 (122.67). It might indicate that Yung Chi Paint & Varnish Mfg Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Yung Chi Paint & Varnish Mfg Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.74.

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. Yung Chi Paint & Varnish Mfg Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.99.


Yung Chi Paint & Varnish Mfg Co Days Inventory Historical Data

The historical data trend for Yung Chi Paint & Varnish Mfg 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.

Yung Chi Paint & Varnish Mfg Co Days Inventory Chart

Yung Chi Paint & Varnish Mfg Co 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 128.19 120.16 121.02 122.16 125.15

Yung Chi Paint & Varnish Mfg Co 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 120.42 134.98 136.74 117.65 122.67

Competitive Comparison of Yung Chi Paint & Varnish Mfg Co's Days Inventory

For the Specialty Chemicals subindustry, Yung Chi Paint & Varnish Mfg 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.


Yung Chi Paint & Varnish Mfg Co's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Yung Chi Paint & Varnish Mfg Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Yung Chi Paint & Varnish Mfg Co's Days Inventory falls into.



Yung Chi Paint & Varnish Mfg Co Days Inventory Calculation

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

Yung Chi Paint & Varnish Mfg 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
=( (2569.81 + 2240.554) / 2 ) / 7014.741*365
=2405.182 / 7014.741*365
=125.15

Yung Chi Paint & Varnish Mfg Co'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
=( (2240.554 + 2292.802) / 2 ) / 1686.172*365 / 4
=2266.678 / 1686.172*365 / 4
=122.67

* 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.


Yung Chi Paint & Varnish Mfg Co  (TPE:1726) 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.

Yung Chi Paint & Varnish Mfg Co'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.

Yung Chi Paint & Varnish Mfg Co'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.


Yung Chi Paint & Varnish Mfg Co Days Inventory Related Terms

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


Yung Chi Paint & Varnish Mfg Co (TPE:1726) Business Description

Traded in Other Exchanges
N/A
Address
No.26, Yanhai 3rd Road, Xiaogang District, Kaohsiung, TWN, 812
Yung Chi Paint & Varnish Mfg Co Ltd is mainly engaged in the manufacture and sale of paints and coatings and the undertaking of painting projects. The company operates in two segments which are the Paint Business Department which is mainly engaged in the manufacture and sale of various paint products and the Coating Engineering Department engaged in the business of painting projects and structural coating or restoration. The company derives the majority of its revenue from the Paint business segment.

Yung Chi Paint & Varnish Mfg Co (TPE:1726) Headlines

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