Evergreen International Storage & Transport (TPE:2607) Days Inventory : 1.60 (As of Mar. 2024)

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What is Evergreen International Storage & Transport Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Evergreen International Storage & Transport's Average Total Inventories for the three months ended in Mar. 2024 was NT$62 Mil. Evergreen International Storage & Transport's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$3,507 Mil. Hence, Evergreen International Storage & Transport's Days Inventory for the three months ended in Mar. 2024 was 1.60.

The historical rank and industry rank for Evergreen International Storage & Transport's Days Inventory or its related term are showing as below:

TPE:2607' s Days Inventory Range Over the Past 10 Years
Min: 1.46 Med: 2.28 Max: 2.94
Current: 1.7

During the past 13 years, Evergreen International Storage & Transport's highest Days Inventory was 2.94. The lowest was 1.46. And the median was 2.28.

TPE:2607's Days Inventory is ranked better than
86.06% of 782 companies
in the Transportation industry
Industry Median: 11.545 vs TPE:2607: 1.70

Evergreen International Storage & Transport's Days Inventory declined from Mar. 2023 (2.17) to Mar. 2024 (1.60).

Inventory Turnover measures how fast the company turns over its inventory within a year. Evergreen International Storage & Transport's Inventory Turnover for the three months ended in Mar. 2024 was 56.89.

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. Evergreen International Storage & Transport's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.01.

Evergreen International Storage & Transport Days Inventory Historical Data

The historical data trend for Evergreen International Storage & Transport'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.

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Evergreen International Storage & Transport Days Inventory Chart

Evergreen International Storage & Transport Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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2.65

2.94

2.38

1.46

1.69

Evergreen International Storage & Transport 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															2.17	1.83	1.80	1.61	1.60

Competitive Comparison of Evergreen International Storage & Transport's Days Inventory

For the Marine Shipping subindustry, Evergreen International Storage & Transport'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.

Evergreen International Storage & Transport's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Evergreen International Storage & Transport's Days Inventory distribution charts can be found below:

* The bar in red indicates where Evergreen International Storage & Transport's Days Inventory falls into.

Evergreen International Storage & Transport Days Inventory Calculation

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

Evergreen International Storage & Transport'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
=	( (52.493	+	61.541)	/	2 )	/	12301.528	*	365
=	57.017					/	12301.528	*	365
=	1.69

Evergreen International Storage & Transport'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
=	( (61.541	+	61.745)	/	2 )	/	3507.146	*	365 / 4
=	61.643					/	3507.146	*	365 / 4
=	1.60

Evergreen International Storage & Transport (TPE:2607) 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.

Evergreen International Storage & Transport's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3507.146	/	61.643
	=	56.89

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.

Evergreen International Storage & Transport's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	61.643	/	4485.959
	=	0.01

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.

Evergreen International Storage & Transport Days Inventory Related Terms

Thank you for viewing the detailed overview of Evergreen International Storage & Transport's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Evergreen International Storage & Transport (TPE:2607) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Evergreen International Storage & Transport Corp (TPE:2607) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

899, Ching Kuo Road, Taoyuan District, Taoyuan, TWN

Website

https://www.evergreen-eitc.com.tw

Evergreen International Storage & Transport Corp is a transportation and logistics company domiciled in Taiwan. The company organizes itself into five product lines: inland transportation, international marine transportation, container terminals, gasoline stations, and others. Inland transportation, which is the largest segment by revenue, transports cargo inland and provides passenger transportation services. International marine transportation, the second-largest segment, transports cargo internationally and provides ship chartering. The container terminals segment leases and operate container ports. The gasoline station segment operates refueling stations. The company generates the majority of its revenue in Taiwan.

Evergreen International Storage & Transport (TPE:2607) Headlines

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