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Twinhead International (TPE:2364) Days Inventory : 141.96 (As of Dec. 2023)


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What is Twinhead International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Twinhead International's Average Total Inventories for the three months ended in Dec. 2023 was NT$278 Mil. Twinhead International's Cost of Goods Sold for the three months ended in Dec. 2023 was NT$179 Mil. Hence, Twinhead International's Days Inventory for the three months ended in Dec. 2023 was 141.96.

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

TPE:2364' s Days Inventory Range Over the Past 10 Years
Min: 115.81   Med: 132.88   Max: 156.15
Current: 151.8

During the past 13 years, Twinhead International's highest Days Inventory was 156.15. The lowest was 115.81. And the median was 132.88.

TPE:2364's Days Inventory is ranked worse than
68.84% of 2407 companies
in the Hardware industry
Industry Median: 102.58 vs TPE:2364: 151.80

Twinhead International's Days Inventory increased from Dec. 2022 (139.38) to Dec. 2023 (141.96). It might indicate that Twinhead International's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Twinhead International's Inventory Turnover for the three months ended in Dec. 2023 was 0.64.

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. Twinhead International's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.95.


Twinhead International Days Inventory Historical Data

The historical data trend for Twinhead International'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.

Twinhead International Days Inventory Chart

Twinhead International 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 131.40 124.57 125.93 134.35 137.48

Twinhead International 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 139.38 150.93 159.97 170.01 141.96

Competitive Comparison of Twinhead International's Days Inventory

For the Computer Hardware subindustry, Twinhead International'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.


Twinhead International's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Twinhead International's Days Inventory distribution charts can be found below:

* The bar in red indicates where Twinhead International's Days Inventory falls into.



Twinhead International Days Inventory Calculation

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

Twinhead International'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
=( (255.455 + 259.697) / 2 ) / 683.843*365
=257.576 / 683.843*365
=137.48

Twinhead International'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
=( (297.13 + 259.697) / 2 ) / 178.961*365 / 4
=278.4135 / 178.961*365 / 4
=141.96

* 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.


Twinhead International  (TPE:2364) 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.

Twinhead International'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.

Twinhead International'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.


Twinhead International Days Inventory Related Terms

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


Twinhead International (TPE:2364) Business Description

Traded in Other Exchanges
N/A
Address
No. 550, Ruiguang Road, 9th Floor, Neihu District, Taipei, TWN, 114
Twinhead International Corp is engaged in the manufacturing of personal computers and peripherals. Its product offerings include mobile computers for military/industrial applications, rugged tablet PCs, semi-rugged mobile computers, mobile thin clients, medical tablet PCs, and other customized motherboards/systems. In addition to standard product lines, the company also offers full original design manufacturing and partial customization service.

Twinhead International (TPE:2364) Headlines

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