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Mosa Industrial (TPE:4564) Days Inventory : 147.33 (As of Mar. 2024)


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What is Mosa Industrial Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mosa Industrial's Average Total Inventories for the three months ended in Mar. 2024 was NT$401 Mil. Mosa Industrial's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$249 Mil. Hence, Mosa Industrial's Days Inventory for the three months ended in Mar. 2024 was 147.33.

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

TPE:4564' s Days Inventory Range Over the Past 10 Years
Min: 55.14   Med: 83.4   Max: 117.09
Current: 117.09

During the past 11 years, Mosa Industrial's highest Days Inventory was 117.09. The lowest was 55.14. And the median was 83.40.

TPE:4564's Days Inventory is ranked worse than
59.51% of 405 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 104.35 vs TPE:4564: 117.09

Mosa Industrial's Days Inventory increased from Mar. 2023 (111.22) to Mar. 2024 (147.33). It might indicate that Mosa Industrial's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mosa Industrial's Inventory Turnover for the three months ended in Mar. 2024 was 0.62.

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. Mosa Industrial's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.23.


Mosa Industrial Days Inventory Historical Data

The historical data trend for Mosa 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.

Mosa Industrial Days Inventory Chart

Mosa 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 61.41 55.14 59.96 95.61 106.73

Mosa 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 111.22 101.47 112.22 117.31 147.33

Competitive Comparison of Mosa Industrial's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Mosa 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.


Mosa Industrial's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Mosa Industrial's Days Inventory distribution charts can be found below:

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



Mosa Industrial Days Inventory Calculation

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

Mosa 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
=( (430.727 + 391.738) / 2 ) / 1406.299*365
=411.2325 / 1406.299*365
=106.73

Mosa 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
=( (391.738 + 411.094) / 2 ) / 248.62*365 / 4
=401.416 / 248.62*365 / 4
=147.33

* 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.


Mosa Industrial  (TPE:4564) 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.

Mosa 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.

Mosa 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.


Mosa Industrial Days Inventory Related Terms

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


Mosa Industrial (TPE:4564) Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Kehu 3rd Road, Huwei Township, Yunlin, TWN, 63247
Mosa Industrial Corp is a Taiwan-based automobile parts manufacturer. It designs, produces, and sells airbag inflators. The company also provides Various types of mini high-pressure pneumatic cylinders and various high-pressure vessels. It has two reportable segments Consumer product segment and the Industrial segment. it derives the majority of its revenue from the Consumer product segment.

Mosa Industrial (TPE:4564) Headlines

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