ChipMOS TECHNOLOGIES (ChipMOS TECHNOLOGIES) Days Inventory

: 51.23 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). ChipMOS TECHNOLOGIES's Average Total Inventories for the three months ended in Dec. 2023 was $82.2 Mil. ChipMOS TECHNOLOGIES's Cost of Goods Sold for the three months ended in Dec. 2023 was $146.4 Mil. Hence, ChipMOS TECHNOLOGIES's Days Inventory for the three months ended in Dec. 2023 was 51.23.

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

IMOS' s Days Inventory Range Over the Past 10 Years
Min: 37.44 Med: 44.42 Max: 230.51
Current: 230.51

During the past 13 years, ChipMOS TECHNOLOGIES's highest Days Inventory was 230.51. The lowest was 37.44. And the median was 44.42.

IMOS's Days Inventory is ranked worse than
77% of 939 companies
in the Semiconductors industry
Industry Median: 131.48 vs IMOS: 230.51

ChipMOS TECHNOLOGIES's Days Inventory declined from Mar. 2022 (59.41) to Dec. 2023 (51.23).

Inventory Turnover measures how fast the company turns over its inventory within a year. ChipMOS TECHNOLOGIES's Inventory Turnover for the three months ended in Dec. 2023 was 1.78.

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. ChipMOS TECHNOLOGIES's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.45.

ChipMOS TECHNOLOGIES Days Inventory Historical Data

The historical data trend for ChipMOS TECHNOLOGIES'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.

ChipMOS TECHNOLOGIES Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

39.10

38.06

47.79

66.24

59.87

ChipMOS TECHNOLOGIES Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Dec22	Jun23	Dec23
Days Inventory																59.41	-	-	-	51.23

Competitive Comparison

For the Semiconductors subindustry, ChipMOS TECHNOLOGIES'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.

ChipMOS TECHNOLOGIES Days Inventory Distribution

For the Semiconductors industry and Technology sector, ChipMOS TECHNOLOGIES's Days Inventory distribution charts can be found below:

* The bar in red indicates where ChipMOS TECHNOLOGIES's Days Inventory falls into.

ChipMOS TECHNOLOGIES Days Inventory Calculation

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

ChipMOS TECHNOLOGIES'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
=	( (104.736	+	82.193)	/	2 )	/	569.79	*	365
=	93.4645					/	569.79	*	365
=	59.87

ChipMOS TECHNOLOGIES's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	82.193)	/	1 )	/	146.406	*	365 / 4
=	82.193					/	146.406	*	365 / 4
=	51.23

ChipMOS TECHNOLOGIES (NAS:IMOS) 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.

ChipMOS TECHNOLOGIES's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	146.406	/	82.193
	=	1.78

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.

ChipMOS TECHNOLOGIES's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	82.193	/	183.204
	=	0.45

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.

ChipMOS TECHNOLOGIES Days Inventory Related Terms

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ChipMOS TECHNOLOGIES (ChipMOS TECHNOLOGIES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » ChipMOS TECHNOLOGIES Inc (NAS:IMOS) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

8150:Taiwan CPIA:Germany CPIA:Germany

Address

No. 1, R&D Road 1, Hsinchu Science Park, Hsinchu, TWN

Website

https://www.chipmos.com

ChipMOS TECHNOLOGIES Inc provides semiconductor testing and packaging solutions to fabless companies, integrated device manufacturers, and foundries. Its service targets include semiconductor design companies, integrated component manufacturing companies, and semiconductor wafers factories. The company's segments include Testing, Assembly, Testing, and Assembly for LCD, OLED, and other Display Panel Driver Semiconductors (LCDD), Bumping, and others. The Company derives a majority of its revenue from Taiwan followed by Japan, People's Republic of China, Singapore, and others.