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Symtek Automation Asia Co (TPE:6438) Days Inventory : 147.39 (As of Mar. 2024)


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What is Symtek Automation Asia Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Symtek Automation Asia Co's Average Total Inventories for the three months ended in Mar. 2024 was NT$1,423 Mil. Symtek Automation Asia Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$881 Mil. Hence, Symtek Automation Asia Co's Days Inventory for the three months ended in Mar. 2024 was 147.39.

The historical rank and industry rank for Symtek Automation Asia Co's Days Inventory or its related term are showing as below:

TPE:6438' s Days Inventory Range Over the Past 10 Years
Min: 122.4   Med: 133.5   Max: 169.47
Current: 169.47

During the past 13 years, Symtek Automation Asia Co's highest Days Inventory was 169.47. The lowest was 122.40. And the median was 133.50.

TPE:6438's Days Inventory is ranked worse than
68.5% of 2911 companies
in the Industrial Products industry
Industry Median: 120.59 vs TPE:6438: 169.47

Symtek Automation Asia Co's Days Inventory declined from Mar. 2023 (184.80) to Mar. 2024 (147.39).

Inventory Turnover measures how fast the company turns over its inventory within a year. Symtek Automation Asia Co'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. Symtek Automation Asia Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.12.


Symtek Automation Asia Co Days Inventory Historical Data

The historical data trend for Symtek Automation Asia 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.

Symtek Automation Asia Co Days Inventory Chart

Symtek Automation Asia 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 122.40 125.18 137.13 165.34 165.90

Symtek Automation Asia 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 184.80 169.36 226.98 143.19 147.39

Competitive Comparison of Symtek Automation Asia Co's Days Inventory

For the Specialty Industrial Machinery subindustry, Symtek Automation Asia 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.


Symtek Automation Asia Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Symtek Automation Asia Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Symtek Automation Asia Co's Days Inventory falls into.



Symtek Automation Asia Co Days Inventory Calculation

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

Symtek Automation Asia 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
=( (2303.15 + 1469.511) / 2 ) / 4150.145*365
=1886.3305 / 4150.145*365
=165.90

Symtek Automation Asia 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
=( (1469.511 + 1376.662) / 2 ) / 881.046*365 / 4
=1423.0865 / 881.046*365 / 4
=147.39

* 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.


Symtek Automation Asia Co  (TPE:6438) 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.

Symtek Automation Asia 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.

Symtek Automation Asia 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.


Symtek Automation Asia Co Days Inventory Related Terms

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Symtek Automation Asia Co (TPE:6438) Business Description

Traded in Other Exchanges
N/A
Address
No. 421, Rongmin Road, Zhongli District, Taoyuan City, TWN, 320
Symtek Automation Asia Co Ltd is engaged in providing automation solutions, mainly in industrial automation planning, design, development, production installation, and after-sales service. The company's product portfolio includes printed circuit boards, flexible boards, photonics, semiconductor, and logistical products. The company has two operating segments; Symtek Taiwan segment which includes Symtek Automation Asia Co Ltd, and Symtek China segment which includes Symtek China, SAL and Symtek Jiangsu. The company derives a majority of its revenue from the Symtek Taiwan segment.

Symtek Automation Asia Co (TPE:6438) Headlines

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