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Liwanli Innovation Co (TPE:3054) Days Inventory : 201.80 (As of Mar. 2024)


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What is Liwanli Innovation Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Liwanli Innovation Co's Average Total Inventories for the three months ended in Mar. 2024 was NT$60.17 Mil. Liwanli Innovation Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$27.21 Mil. Hence, Liwanli Innovation Co's Days Inventory for the three months ended in Mar. 2024 was 201.80.

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

TPE:3054' s Days Inventory Range Over the Past 10 Years
Min: 49.51   Med: 130.46   Max: 547.1
Current: 281.8

During the past 13 years, Liwanli Innovation Co's highest Days Inventory was 547.10. The lowest was 49.51. And the median was 130.46.

TPE:3054's Days Inventory is ranked worse than
82.27% of 970 companies
in the Drug Manufacturers industry
Industry Median: 159.52 vs TPE:3054: 281.80

Liwanli Innovation Co's Days Inventory declined from Mar. 2023 (223.73) to Mar. 2024 (201.80).

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. Liwanli Innovation Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.45.

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. Liwanli Innovation Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.72.


Liwanli Innovation Co Days Inventory Historical Data

The historical data trend for Liwanli Innovation 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.

* Premium members only.

Liwanli Innovation Co Days Inventory Chart

Liwanli Innovation Co 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 223.33 105.65 161.89 155.26 547.10

Liwanli Innovation Co 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 223.73 341.63 533.85 371.46 201.80

Competitive Comparison of Liwanli Innovation Co's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Liwanli Innovation 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.


Liwanli Innovation Co's Days Inventory Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Liwanli Innovation Co's Days Inventory falls into.



Liwanli Innovation Co Days Inventory Calculation

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

Liwanli Innovation 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
=( (10.541 + 60.819) / 2 ) / 23.804*365
=35.68 / 23.804*365
=547.10

Liwanli Innovation Co'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
=( (60.819 + 59.52) / 2 ) / 27.207*365 / 4
=60.1695 / 27.207*365 / 4
=201.80

* 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.


Liwanli Innovation Co  (TPE:3054) 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.

Liwanli Innovation Co'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.

Liwanli Innovation Co'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.


Liwanli Innovation Co Days Inventory Related Terms

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


Liwanli Innovation Co (TPE:3054) Business Description

Traded in Other Exchanges
N/A
Address
Liancheng Road,, 16Floor-1, No.258,, Zhonghe District, New Taipei City, TWN, 235
Liwanli Innovation Co Ltd is engaged in the manufacture, wholesale, and retail of electronic materials and sales of biotech products like drug nutrient products. The company earns maximum revenue from Biotech products.

Liwanli Innovation Co (TPE:3054) Headlines

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