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Tigerair Taiwan Co (TPE:6757) Days Inventory : 0.00 (As of Mar. 2024)


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What is Tigerair Taiwan Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tigerair Taiwan Co's Average Total Inventories for the three months ended in Mar. 2024 was NT$0 Mil. Tigerair Taiwan Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$2,724 Mil. Hence, Tigerair Taiwan Co's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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

During the past 8 years, Tigerair Taiwan Co's highest Days Inventory was 0.08. The lowest was 0.05. And the median was 0.07.

TPE:6757's Days Inventory is not ranked *
in the Transportation industry.
Industry Median: 11.57
* Ranked among companies with meaningful Days Inventory only.

Tigerair Taiwan Co's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Tigerair Taiwan Co's Inventory Turnover for the three months ended in Mar. 2024 was 681,026.00.

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. Tigerair Taiwan Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.


Tigerair Taiwan Co Days Inventory Historical Data

The historical data trend for Tigerair Taiwan 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.

Tigerair Taiwan Co Days Inventory Chart

Tigerair Taiwan Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial - 0.08 0.05 - -

Tigerair Taiwan Co Quarterly Data
Jun18 Dec18 Jun19 Dec19 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 - - - - -

Competitive Comparison of Tigerair Taiwan Co's Days Inventory

For the Airlines subindustry, Tigerair Taiwan 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.


Tigerair Taiwan Co's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Tigerair Taiwan Co's Days Inventory distribution charts can be found below:

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



Tigerair Taiwan Co Days Inventory Calculation

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

Tigerair Taiwan 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
=( (0.005 + 0.004) / 2 ) / 9031.044*365
=0.0045 / 9031.044*365
=0.00

Tigerair Taiwan 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
=( (0.004 + 0.004) / 2 ) / 2724.104*365 / 4
=0.004 / 2724.104*365 / 4
=0.00

* 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.


Tigerair Taiwan Co  (TPE:6757) 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.

Tigerair Taiwan 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.

Tigerair Taiwan 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.


Tigerair Taiwan Co Days Inventory Related Terms

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


Tigerair Taiwan Co (TPE:6757) Business Description

Traded in Other Exchanges
N/A
Address
No.1, Hangqin S. Road, Dayuan District, Taoyuan, TWN
Tigerair Taiwan Co Ltd operates in a Civil air transportation industry. It provides civil transportation services.

Tigerair Taiwan Co (TPE:6757) Headlines

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