Days Inventory is also known as Days Sales of Inventory (DSI). Cleanaway Co's Average Total Inventories for the
three
months ended in Mar. 2024 was NT$55 Mil. Cleanaway Co's Cost of Goods Sold for the
three
months ended in Mar. 2024 was NT$862 Mil.
Hence, Cleanaway Co's Days Inventory for the
three
months ended in Mar. 2024 was 5.83.
The historical rank and industry rank for Cleanaway Co's Days Inventory or its related term are showing as below:
TPE:8422'
s Days Inventory Range Over the Past 10 Years
Min: 0.57 Med: 1.04 Max: 12.68
Current: 8.54
During the past 13 years, Cleanaway Co's highest Days Inventory was 12.68. The lowest was 0.57. And the median was 1.04.
TPE:8422's Days Inventory is ranked better than 73.81% of 210
companies
in the Waste Management industry
Industry Median: 22.785
vs TPE:8422: 8.54
Cleanaway Co's Days Inventory
declined
from Mar. 2023 (7.31) to Mar. 2024 (5.83).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Cleanaway Co's Inventory Turnover for the
three
months ended in Mar. 2024 was 15.64.
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.
Cleanaway Co's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.04.
Cleanaway Co Days Inventory Historical Data
The historical data trend for Cleanaway 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.
Competitive Comparison of Cleanaway Co's Days Inventory
For the Waste Management subindustry, Cleanaway 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.
Cleanaway Co's Days Inventory Distribution in the Waste Management Industry
For the Waste Management industry and Industrials sector, Cleanaway Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Cleanaway Co's Days Inventory falls into.
Cleanaway Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Cleanaway Co's Days Inventory for the fiscal year that ended in Dec. 2023 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.
Cleanaway Co (TPE:8422) 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.
Cleanaway 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.
Cleanaway 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.
Cleanaway Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Cleanaway Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Cleanaway Co Ltd offers one-stop-shop services for treating forms of waste. It treats various industrial and hazardous waste materials and owns private landfills for final disposal in Taiwan. The company provides systems for daily activities and solutions for cleaning up contaminated sites. Cleaning an entire location can require on-site sampling and experimental studies to return the location to its natural form. Cleanway provides technologies, contracts, clearance, and transportation to the designated landfill, and it enforces strict compliance with all regulations. Part of the process focuses on quality control and random testing to prevent non-treated or unapproved wastes from entering the company's landfills.
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