Tci Gene (ROCO:6879) Days Inventory : 116.14 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Tci Gene Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tci Gene's Average Total Inventories for the six months ended in Dec. 2023 was NT$55.5 Mil. Tci Gene's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$87.1 Mil. Hence, Tci Gene's Days Inventory for the six months ended in Dec. 2023 was 116.14.

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

ROCO:6879' s Days Inventory Range Over the Past 10 Years
Min: 54.02 Med: 89.17 Max: 128.31
Current: 128.31

During the past 5 years, Tci Gene's highest Days Inventory was 128.31. The lowest was 54.02. And the median was 89.17.

ROCO:6879's Days Inventory is ranked better than
66.36% of 654 companies
in the Biotechnology industry
Industry Median: 191.745 vs ROCO:6879: 128.31

Tci Gene's Days Inventory declined from Dec. 2022 (135.17) to Dec. 2023 (116.14).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tci Gene's Inventory Turnover for the six months ended in Dec. 2023 was 1.57.

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. Tci Gene's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.30.

Tci Gene Days Inventory Historical Data

The historical data trend for Tci Gene'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.

Tci Gene Days Inventory Chart

Tci Gene Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

54.02

95.00

58.01

89.17

128.22

Tci Gene Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial				42.51	74.93	135.17	143.14	116.14

Competitive Comparison of Tci Gene's Days Inventory

For the Biotechnology subindustry, Tci Gene'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.

Tci Gene's Days Inventory Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Tci Gene's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tci Gene's Days Inventory falls into.

Tci Gene Days Inventory Calculation

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

Tci Gene'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
=	( (57.029	+	54.847)	/	2 )	/	159.238	*	365
=	55.938					/	159.238	*	365
=	128.22

Tci Gene'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
=	( (56.063	+	54.847)	/	2 )	/	87.142	*	365 / 2
=	55.455					/	87.142	*	365 / 2
=	116.14

Tci Gene (ROCO:6879) 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.

Tci Gene's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	87.142	/	55.455
	=	1.57

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.

Tci Gene's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	55.455	/	183.992
	=	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.

Tci Gene Days Inventory Related Terms

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

Tci Gene (ROCO:6879) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Tci Gene Inc (ROCO:6879) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 185-1, Gangqian Rd, 10th FLoor, Neihu District, Taipei, TWN

Website

https://www.genext.me

Tci Gene Inc provides precision preventive medicines in Taiwan. It is the first to introduce the concept of precision preventive medicine with Predict prediction, Prevent prevention, and Personal Treatment personalized health management measures.

Tci Gene (ROCO:6879) Headlines

No Headlines