GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Advanced International Multitech Co Ltd (ROCO:8938) » Definitions » Days Inventory

Advanced International Multitech Co (ROCO:8938) Days Inventory : 71.27 (As of Dec. 2023)


View and export this data going back to 2002. Start your Free Trial

What is Advanced International Multitech Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Advanced International Multitech Co's Average Total Inventories for the three months ended in Dec. 2023 was NT$2,402 Mil. Advanced International Multitech Co's Cost of Goods Sold for the three months ended in Dec. 2023 was NT$3,076 Mil. Hence, Advanced International Multitech Co's Days Inventory for the three months ended in Dec. 2023 was 71.27.

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

ROCO:8938' s Days Inventory Range Over the Past 10 Years
Min: 57   Med: 70.4   Max: 99.7
Current: 84.17

During the past 13 years, Advanced International Multitech Co's highest Days Inventory was 99.70. The lowest was 57.00. And the median was 70.40.

ROCO:8938's Days Inventory is ranked worse than
65.57% of 668 companies
in the Travel & Leisure industry
Industry Median: 36.44 vs ROCO:8938: 84.17

Advanced International Multitech Co's Days Inventory declined from Dec. 2022 (80.69) to Dec. 2023 (71.27).

Inventory Turnover measures how fast the company turns over its inventory within a year. Advanced International Multitech Co's Inventory Turnover for the three months ended in Dec. 2023 was 1.28.

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. Advanced International Multitech Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.66.


Advanced International Multitech Co Days Inventory Historical Data

The historical data trend for Advanced International Multitech 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.

Advanced International Multitech Co Days Inventory Chart

Advanced International Multitech 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 74.13 76.34 72.31 77.90 99.70

Advanced International Multitech Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 80.69 75.45 83.88 98.50 71.27

Competitive Comparison of Advanced International Multitech Co's Days Inventory

For the Leisure subindustry, Advanced International Multitech 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.


Advanced International Multitech Co's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Advanced International Multitech Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Advanced International Multitech Co's Days Inventory falls into.



Advanced International Multitech Co Days Inventory Calculation

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

Advanced International Multitech 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
=( (4106.782 + 2443.246) / 2 ) / 11990.152*365
=3275.014 / 11990.152*365
=99.70

Advanced International Multitech Co'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (2360.828 + 2443.246) / 2 ) / 3075.612*365 / 4
=2402.037 / 3075.612*365 / 4
=71.27

* 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.


Advanced International Multitech Co  (ROCO:8938) 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.

Advanced International Multitech Co's Inventory Turnover for the three months ended in Dec. 2023 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.

Advanced International Multitech Co's Inventory to Revenue for the three months 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.


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.


Advanced International Multitech Co Days Inventory Related Terms

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


Advanced International Multitech Co (ROCO:8938) Business Description

Traded in Other Exchanges
N/A
Address
No. 26 , Zhonglin Road, Lin Hai Industrial District, Xiaogang District, Kaohsiung City, TWN
Advanced International Multitech Co Ltd is a Taiwan-based company. Along with its subsidiaries, the firm is engaged in the manufacturing, processing, trading, import, and export of carbon fiber prepackaged materials, and carbon fiber products, golf ball, composites, and bicycle parts. Its product portfolio includes golf club heads, graphite shafts, golf club sets, golf balls, putters, and carbon fiber components for bicycles, such as forks, frames, aviation products, and composite materials. It also manufactures carbon fiber bicycles under its own brand DIZO.

Advanced International Multitech Co (ROCO:8938) Headlines

No Headlines