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Taiwan Chelic (TPE:4555) Days Inventory : 354.43 (As of Mar. 2024)


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What is Taiwan Chelic Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Taiwan Chelic's Average Total Inventories for the three months ended in Mar. 2024 was NT$925 Mil. Taiwan Chelic's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$238 Mil. Hence, Taiwan Chelic's Days Inventory for the three months ended in Mar. 2024 was 354.43.

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

TPE:4555' s Days Inventory Range Over the Past 10 Years
Min: 264.38   Med: 292.98   Max: 359.2
Current: 355.44

During the past 13 years, Taiwan Chelic's highest Days Inventory was 359.20. The lowest was 264.38. And the median was 292.98.

TPE:4555's Days Inventory is ranked worse than
93.98% of 2408 companies
in the Hardware industry
Industry Median: 101.86 vs TPE:4555: 355.44

Taiwan Chelic's Days Inventory declined from Mar. 2023 (410.16) to Mar. 2024 (354.43).

Inventory Turnover measures how fast the company turns over its inventory within a year. Taiwan Chelic's Inventory Turnover for the three months ended in Mar. 2024 was 0.26.

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. Taiwan Chelic's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.84.


Taiwan Chelic Days Inventory Historical Data

The historical data trend for Taiwan Chelic'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.

Taiwan Chelic Days Inventory Chart

Taiwan Chelic 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 317.98 276.34 264.38 327.64 359.20

Taiwan Chelic 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 410.16 338.76 389.44 338.23 354.43

Competitive Comparison of Taiwan Chelic's Days Inventory

For the Electronic Components subindustry, Taiwan Chelic'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.


Taiwan Chelic's Days Inventory Distribution in the Hardware Industry

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

* The bar in red indicates where Taiwan Chelic's Days Inventory falls into.



Taiwan Chelic Days Inventory Calculation

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

Taiwan Chelic'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
=( (1050.983 + 925.832) / 2 ) / 1004.354*365
=988.4075 / 1004.354*365
=359.20

Taiwan Chelic'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
=( (925.832 + 925.011) / 2 ) / 238.257*365 / 4
=925.4215 / 238.257*365 / 4
=354.43

* 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.


Taiwan Chelic  (TPE:4555) 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.

Taiwan Chelic'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.

Taiwan Chelic'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.


Taiwan Chelic Days Inventory Related Terms

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


Taiwan Chelic (TPE:4555) Business Description

Traded in Other Exchanges
N/A
Address
No. 21, Guifeng Street, Taishan District, New Taipei City, TWN, 24355
Taiwan Chelic Corp Ltd isis mainly engaged in the design, production, and trading of pneumatic and hydraulic equipment for a variety of machinery, and the parts thereof, and electronic parts. Its products include FRL, pneumatic/ hydraulic cylinders, solenoid valves, air control valves, vacuum ejectors, assembly pick and place robots, and hydraulic components. The company's products are used in machinery sectors such as production facilities, inspection machines, packing machines, forming machines, repairmen equipment, and factory automation.

Taiwan Chelic (TPE:4555) Headlines

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