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Kiwi Technology (ROCO:6699) Days Inventory : 333.21 (As of Dec. 2023)


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What is Kiwi Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kiwi Technology's Average Total Inventories for the six months ended in Dec. 2023 was NT$27.75 Mil. Kiwi Technology's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$15.20 Mil. Hence, Kiwi Technology's Days Inventory for the six months ended in Dec. 2023 was 333.21.

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

ROCO:6699' s Days Inventory Range Over the Past 10 Years
Min: 67.38   Med: 224.51   Max: 456.13
Current: 341.43

During the past 8 years, Kiwi Technology's highest Days Inventory was 456.13. The lowest was 67.38. And the median was 224.51.

ROCO:6699's Days Inventory is ranked worse than
95.97% of 1563 companies
in the Software industry
Industry Median: 18.99 vs ROCO:6699: 341.43

Kiwi Technology's Days Inventory increased from Dec. 2022 (303.93) to Dec. 2023 (333.21). It might indicate that Kiwi Technology's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kiwi Technology's Inventory Turnover for the six months ended in Dec. 2023 was 0.55.

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. Kiwi Technology's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.83.


Kiwi Technology Days Inventory Historical Data

The historical data trend for Kiwi Technology'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.

Kiwi Technology Days Inventory Chart

Kiwi Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 233.91 215.10 456.13 375.46 351.81

Kiwi Technology Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 549.56 460.52 303.93 338.47 333.21

Competitive Comparison of Kiwi Technology's Days Inventory

For the Information Technology Services subindustry, Kiwi Technology'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.


Kiwi Technology's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Kiwi Technology's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kiwi Technology's Days Inventory falls into.



Kiwi Technology Days Inventory Calculation

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

Kiwi Technology'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
=( (44.873 + 24.083) / 2 ) / 35.771*365
=34.478 / 35.771*365
=351.81

Kiwi Technology'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
=( (31.426 + 24.083) / 2 ) / 15.201*365 / 2
=27.7545 / 15.201*365 / 2
=333.21

* 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.


Kiwi Technology  (ROCO:6699) 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.

Kiwi Technology's Inventory Turnover for the six 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.

Kiwi Technology's Inventory to Revenue for the six 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.


Kiwi Technology Days Inventory Related Terms

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


Kiwi Technology (ROCO:6699) Business Description

Traded in Other Exchanges
N/A
Address
No. 118, Ciyun Road, No. 27, Floor 5, East District, Hsinchu, TWN, 302
Kiwi Technology Inc is engaged in business projects like audio-visual and communication ICs Design and sales of chips, and IoT solutions for LoRA low-power wide-area networks. Its cloud platform provides node devices, gateways, and the entire network, as a data storage and processing platform. The solutions offered by the company include Food Safety, Smart Agriculture, Smart Building and Disaster Prevention among others.

Kiwi Technology (ROCO:6699) Headlines

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