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Delta Electronics (TPE:2308) Days Inventory : 105.39 (As of Mar. 2024)


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What is Delta Electronics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Delta Electronics's Average Total Inventories for the three months ended in Mar. 2024 was NT$74,319 Mil. Delta Electronics's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$64,349 Mil. Hence, Delta Electronics's Days Inventory for the three months ended in Mar. 2024 was 105.39.

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

TPE:2308' s Days Inventory Range Over the Past 10 Years
Min: 51.96   Med: 68.95   Max: 101.84
Current: 101.84

During the past 13 years, Delta Electronics's highest Days Inventory was 101.84. The lowest was 51.96. And the median was 68.95.

TPE:2308's Days Inventory is ranked better than
50.39% of 2407 companies
in the Hardware industry
Industry Median: 102.53 vs TPE:2308: 101.84

Delta Electronics's Days Inventory declined from Mar. 2023 (108.74) to Mar. 2024 (105.39).

Inventory Turnover measures how fast the company turns over its inventory within a year. Delta Electronics's Inventory Turnover for the three months ended in Mar. 2024 was 0.87.

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. Delta Electronics's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.81.


Delta Electronics Days Inventory Historical Data

The historical data trend for Delta Electronics'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.

Delta Electronics Days Inventory Chart

Delta Electronics 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 69.38 78.65 90.25 97.33 100.29

Delta Electronics 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 108.74 104.20 97.93 103.00 105.39

Competitive Comparison of Delta Electronics's Days Inventory

For the Electronic Components subindustry, Delta Electronics'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.


Delta Electronics's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Delta Electronics's Days Inventory distribution charts can be found below:

* The bar in red indicates where Delta Electronics's Days Inventory falls into.



Delta Electronics Days Inventory Calculation

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

Delta Electronics'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
=( (79844.364 + 76226.562) / 2 ) / 284013.473*365
=78035.463 / 284013.473*365
=100.29

Delta Electronics'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
=( (76226.562 + 72411.05) / 2 ) / 64349.444*365 / 4
=74318.806 / 64349.444*365 / 4
=105.39

* 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.


Delta Electronics  (TPE:2308) 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.

Delta Electronics'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.

Delta Electronics'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.


Delta Electronics Days Inventory Related Terms

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


Delta Electronics (TPE:2308) Business Description

Traded in Other Exchanges
N/A
Address
No. 186, Ruey Kuang Road, Neihu District, Taipei, TWN, 11491
Founded in 1971, Delta Electronics, or Delta, is the largest industrial power system supplier globally. It positions itself as a solutions provider in telecom power, renewable energy, surveillance systems, new energy vehicles power systems, smart building, industrial automation, and data centers. Delta also trades under Innergie, Loytec, Delta Controls and Amerlux. The company's headquarters are in Taipei, Taiwan, and employs over 11,000 people in 30 countries. A group of Delta's subsidiaries consolidated under Delta Electronics (Thailand) Public Company Limited, or DET, is listed on the Stock Exchange of Thailand. DET is 63.1% owned by Delta. The company owns 56.75% of surveillance system provider Vivotek (3454 TW).

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