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Yeedex Electronic (ROCO:7556) Days Inventory : 70.27 (As of Mar. 2024)


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What is Yeedex Electronic Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Yeedex Electronic's Average Total Inventories for the three months ended in Mar. 2024 was NT$65.2 Mil. Yeedex Electronic's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$84.7 Mil. Hence, Yeedex Electronic's Days Inventory for the three months ended in Mar. 2024 was 70.27.

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

ROCO:7556' s Days Inventory Range Over the Past 10 Years
Min: 37.62   Med: 54.76   Max: 75.05
Current: 75.05

During the past 8 years, Yeedex Electronic's highest Days Inventory was 75.05. The lowest was 37.62. And the median was 54.76.

ROCO:7556's Days Inventory is ranked better than
68.45% of 2409 companies
in the Hardware industry
Industry Median: 102.28 vs ROCO:7556: 75.05

Yeedex Electronic's Days Inventory increased from Mar. 2023 (65.96) to Mar. 2024 (70.27). It might indicate that Yeedex Electronic's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Yeedex Electronic's Inventory Turnover for the three months ended in Mar. 2024 was 1.30.

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. Yeedex Electronic's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.47.


Yeedex Electronic Days Inventory Historical Data

The historical data trend for Yeedex Electronic'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.

Yeedex Electronic Days Inventory Chart

Yeedex Electronic Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 57.16 62.17 52.35 51.97 64.14

Yeedex Electronic Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 65.96 79.85 79.17 70.76 70.27

Competitive Comparison of Yeedex Electronic's Days Inventory

For the Electronic Components subindustry, Yeedex Electronic'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.


Yeedex Electronic's Days Inventory Distribution in the Hardware Industry

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

* The bar in red indicates where Yeedex Electronic's Days Inventory falls into.



Yeedex Electronic Days Inventory Calculation

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

Yeedex Electronic'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
=( (50.924 + 60.753) / 2 ) / 317.781*365
=55.8385 / 317.781*365
=64.14

Yeedex Electronic's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (60.753 + 69.641) / 2 ) / 84.664*365 / 4
=65.197 / 84.664*365 / 4
=70.27

* 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.


Yeedex Electronic  (ROCO:7556) 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.

Yeedex Electronic's Inventory Turnover for the three months ended in Mar. 2024 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.

Yeedex Electronic's Inventory to Revenue for the three months ended in Mar. 2024 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.


Yeedex Electronic Days Inventory Related Terms

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


Yeedex Electronic (ROCO:7556) Business Description

Traded in Other Exchanges
N/A
Address
Min Sheng E. Road, 4th Floor, Number 170, Sec.2, Taipei, TWN
Yeedex Electronic Corp is engaged in providing materials, parts, and equipment for the industries of semiconductor, flat display panel, passive electronic component, LED, solar cell, automobile, medical and special material application. Its products include Fine Ceramic Parts, Perfluoroelastomer Seals, Plasma Coating and Quartz parts among others.

Yeedex Electronic (ROCO:7556) Headlines

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