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Basso Industry (TPE:1527) Days Inventory : 79.76 (As of Mar. 2024)


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What is Basso Industry Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Basso Industry's Average Total Inventories for the three months ended in Mar. 2024 was NT$515 Mil. Basso Industry's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$590 Mil. Hence, Basso Industry's Days Inventory for the three months ended in Mar. 2024 was 79.76.

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

TPE:1527' s Days Inventory Range Over the Past 10 Years
Min: 67.92   Med: 83.19   Max: 109.9
Current: 90.57

During the past 13 years, Basso Industry's highest Days Inventory was 109.90. The lowest was 67.92. And the median was 83.19.

TPE:1527's Days Inventory is ranked better than
67.37% of 2911 companies
in the Industrial Products industry
Industry Median: 120.17 vs TPE:1527: 90.57

Basso Industry's Days Inventory declined from Mar. 2023 (90.34) to Mar. 2024 (79.76).

Inventory Turnover measures how fast the company turns over its inventory within a year. Basso Industry's Inventory Turnover for the three months ended in Mar. 2024 was 1.14.

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. Basso Industry's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.64.


Basso Industry Days Inventory Historical Data

The historical data trend for Basso Industry'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.

Basso Industry Days Inventory Chart

Basso Industry 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 80.88 82.74 82.05 103.44 106.42

Basso Industry 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 90.34 98.60 87.97 99.25 79.76

Competitive Comparison of Basso Industry's Days Inventory

For the Tools & Accessories subindustry, Basso Industry'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.


Basso Industry's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Basso Industry's Days Inventory distribution charts can be found below:

* The bar in red indicates where Basso Industry's Days Inventory falls into.



Basso Industry Days Inventory Calculation

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

Basso Industry'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
=( (684.243 + 542.25) / 2 ) / 2103.375*365
=613.2465 / 2103.375*365
=106.42

Basso Industry'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
=( (542.25 + 488.402) / 2 ) / 589.554*365 / 4
=515.326 / 589.554*365 / 4
=79.76

* 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.


Basso Industry  (TPE:1527) 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.

Basso Industry'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.

Basso Industry'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.


Basso Industry Days Inventory Related Terms

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


Basso Industry (TPE:1527) Business Description

Traded in Other Exchanges
N/A
Address
No. 24, 36th Road, Taichung Industrial Park, Taichung, TWN, 40768
Basso Industry Corp is a manufacturer of pneumatic fastening tools. The company produces air nailers, air impact wrenches, air ratchet wrenches, air saws, air hammers, air sanders, air drills and screwdrivers, gas nailers, air grinders, and air carton closers. Basso also offers Original Equipment Manufacturing services including design, molding and casting, machining, polishing, painting, and plastic injection services. The company has one reportable segment, the pneumatic hand tool. This segment is mainly involved in manufacturing and selling nail machines and pneumatic tools, providing products, and managing relevant skills.

Basso Industry (TPE:1527) Headlines

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