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Taiwan Mask (TPE:2338) Days Inventory : 43.14 (As of Mar. 2024)


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What is Taiwan Mask Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Taiwan Mask's Average Total Inventories for the three months ended in Mar. 2024 was NT$719 Mil. Taiwan Mask's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$1,520 Mil. Hence, Taiwan Mask's Days Inventory for the three months ended in Mar. 2024 was 43.14.

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

TPE:2338' s Days Inventory Range Over the Past 10 Years
Min: 21.63   Med: 51.31   Max: 116.38
Current: 39.48

During the past 13 years, Taiwan Mask's highest Days Inventory was 116.38. The lowest was 21.63. And the median was 51.31.

TPE:2338's Days Inventory is ranked better than
88.14% of 944 companies
in the Semiconductors industry
Industry Median: 130.195 vs TPE:2338: 39.48

Taiwan Mask's Days Inventory increased from Mar. 2023 (33.36) to Mar. 2024 (43.14). It might indicate that Taiwan Mask's sales slowed down.

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. Taiwan Mask's Inventory Turnover for the three months ended in Mar. 2024 was 2.12.

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. Taiwan Mask's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.39.


Taiwan Mask Days Inventory Historical Data

The historical data trend for Taiwan Mask'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.

Taiwan Mask Days Inventory Chart

Taiwan Mask 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 41.77 21.63 23.45 25.43 36.90

Taiwan Mask 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 33.36 35.68 38.32 42.16 43.14

Competitive Comparison of Taiwan Mask's Days Inventory

For the Semiconductor Equipment & Materials subindustry, Taiwan Mask'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.


Taiwan Mask's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Taiwan Mask's Days Inventory distribution charts can be found below:

* The bar in red indicates where Taiwan Mask's Days Inventory falls into.



Taiwan Mask Days Inventory Calculation

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

Taiwan Mask'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
=( (382.53 + 701.823) / 2 ) / 5363.566*365
=542.1765 / 5363.566*365
=36.90

Taiwan Mask'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
=( (701.823 + 735.286) / 2 ) / 1519.846*365 / 4
=718.5545 / 1519.846*365 / 4
=43.14

* 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.


Taiwan Mask  (TPE:2338) 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.

Taiwan Mask'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.

Taiwan Mask'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.


Taiwan Mask Days Inventory Related Terms

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


Taiwan Mask (TPE:2338) Business Description

Traded in Other Exchanges
N/A
Address
No. 11, Chuangxin 1st Road, Baoshan, Hsinchu Science Park, Hsinchu, TWN
Taiwan Mask Corp manufactures and markets masks for semiconductor production. It also engages in providing technical support, consulting, testing, maintenance, and repairing of masks and circuits. It is involved in manufacturing and selling medical wares. Its product segment comprises Photomask and semiconductor segment and Medical segment. The majority of revenue gets derived from Photomask and semiconductor segment.

Taiwan Mask (TPE:2338) Headlines

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