GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AimCore technology Co Ltd (ROCO:3615) » Definitions » Days Inventory

AimCore technology Co (ROCO:3615) Days Inventory : 73.62 (As of Dec. 2023)


View and export this data going back to 2009. Start your Free Trial

What is AimCore technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). AimCore technology Co's Average Total Inventories for the three months ended in Dec. 2023 was NT$182 Mil. AimCore technology Co's Cost of Goods Sold for the three months ended in Dec. 2023 was NT$226 Mil. Hence, AimCore technology Co's Days Inventory for the three months ended in Dec. 2023 was 73.62.

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

ROCO:3615' s Days Inventory Range Over the Past 10 Years
Min: 26.64   Med: 47.17   Max: 76.19
Current: 75.04

During the past 13 years, AimCore technology Co's highest Days Inventory was 76.19. The lowest was 26.64. And the median was 47.17.

ROCO:3615's Days Inventory is ranked better than
66.31% of 2407 companies
in the Hardware industry
Industry Median: 102.45 vs ROCO:3615: 75.04

AimCore technology Co's Days Inventory declined from Dec. 2022 (74.50) to Dec. 2023 (73.62).

Inventory Turnover measures how fast the company turns over its inventory within a year. AimCore technology Co's Inventory Turnover for the three months ended in Dec. 2023 was 1.24.

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. AimCore technology Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.67.


AimCore technology Co Days Inventory Historical Data

The historical data trend for AimCore technology 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.

AimCore technology Co Days Inventory Chart

AimCore technology 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 57.91 65.12 58.84 71.74 76.19

AimCore technology 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 74.50 79.81 73.98 72.03 73.62

Competitive Comparison of AimCore technology Co's Days Inventory

For the Electronic Components subindustry, AimCore technology 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.


AimCore technology Co's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, AimCore technology Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where AimCore technology Co's Days Inventory falls into.



AimCore technology Co Days Inventory Calculation

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

AimCore technology 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
=( (180.842 + 186.733) / 2 ) / 880.425*365
=183.7875 / 880.425*365
=76.19

AimCore technology 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
=( (178.251 + 186.733) / 2 ) / 226.208*365 / 4
=182.492 / 226.208*365 / 4
=73.62

* 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.


AimCore technology Co  (ROCO:3615) 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.

AimCore technology 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.

AimCore technology 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.


AimCore technology Co Days Inventory Related Terms

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


AimCore technology Co (ROCO:3615) Business Description

Traded in Other Exchanges
N/A
Address
No 10 Kuangfu N.Road, Hsin Chu Industrial Park, Hsinchu, TWN, 30351
AimCore technology Co Ltd focuses on the manufacture and sale of conductive glass in Taiwan. Its products include touch panel ITO glass, TN/STN LCD ITO glass, black matrix glass, and color filter top ITO glass.

AimCore technology Co (ROCO:3615) Headlines

No Headlines