Winston Medical Supply Co (ROCO:6817) Days Inventory : 109.11 (As of Dec. 2023)

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What is Winston Medical Supply Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Winston Medical Supply Co's Average Total Inventories for the six months ended in Dec. 2023 was NT$111.5 Mil. Winston Medical Supply Co's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$186.5 Mil. Hence, Winston Medical Supply Co's Days Inventory for the six months ended in Dec. 2023 was 109.11.

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

ROCO:6817' s Days Inventory Range Over the Past 10 Years
Min: 107.01 Med: 131.06 Max: 163.23
Current: 107.44

During the past 7 years, Winston Medical Supply Co's highest Days Inventory was 163.23. The lowest was 107.01. And the median was 131.06.

ROCO:6817's Days Inventory is ranked better than
74.12% of 970 companies
in the Drug Manufacturers industry
Industry Median: 159.52 vs ROCO:6817: 107.44

Winston Medical Supply Co's Days Inventory increased from Dec. 2022 (105.93) to Dec. 2023 (109.11). It might indicate that Winston Medical Supply Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Winston Medical Supply Co's Inventory Turnover for the six months ended in Dec. 2023 was 1.67.

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. Winston Medical Supply Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.30.

Winston Medical Supply Co Days Inventory Historical Data

The historical data trend for Winston Medical Supply 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.

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Winston Medical Supply Co Days Inventory Chart

Winston Medical Supply Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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145.31

129.99

131.06

108.11

107.01

Winston Medical Supply Co Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial							131.35	118.28	105.93	106.12	109.11

Competitive Comparison of Winston Medical Supply Co's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Winston Medical Supply 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.

Winston Medical Supply Co's Days Inventory Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Winston Medical Supply Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Winston Medical Supply Co's Days Inventory falls into.

Winston Medical Supply Co Days Inventory Calculation

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

Winston Medical Supply 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
=	( (96.215	+	115.736)	/	2 )	/	361.476	*	365
=	105.9755					/	361.476	*	365
=	107.01

Winston Medical Supply 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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (107.267	+	115.736)	/	2 )	/	186.508	*	365 / 2
=	111.5015					/	186.508	*	365 / 2
=	109.11

Winston Medical Supply Co (ROCO:6817) 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.

Winston Medical Supply Co's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	186.508	/	111.5015
	=	1.67

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.

Winston Medical Supply Co's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	111.5015	/	369.592
	=	0.30

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.

Winston Medical Supply Co Days Inventory Related Terms

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

Winston Medical Supply Co (ROCO:6817) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Winston Medical Supply Co Ltd (ROCO:6817) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

117 Renai Street, Yanzhouli, Yongkang District, Tainan, TWN, 710

Website

https://www.winston.com.tw

Winston Medical Supply Co Ltd is a manufacturer of medical products. It produces sterile ophthalmic preparations, hormone preparations and healthy products.

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