Days Inventory is also known as Days Sales of Inventory (DSI). Sixxon Tech Co's Average Total Inventories for the
three
months ended in Mar. 2024 was NT$231 Mil. Sixxon Tech Co's Cost of Goods Sold for the
three
months ended in Mar. 2024 was NT$272 Mil.
Hence, Sixxon Tech Co's Days Inventory for the
three
months ended in Mar. 2024 was 77.56.
The historical rank and industry rank for Sixxon Tech Co's Days Inventory or its related term are showing as below:
TPE:4569'
s Days Inventory Range Over the Past 10 Years
Min: 77.39 Med: 89.83 Max: 98.84
Current: 96.13
During the past 4 years, Sixxon Tech Co's highest Days Inventory was 98.84. The lowest was 77.39. And the median was 89.83.
TPE:4569's Days Inventory is ranked better than 63.88% of 2899
companies
in the Industrial Products industry
Industry Median: 121.51
vs TPE:4569: 96.13
Sixxon Tech Co's Days Inventory
declined
from Mar. 2023 (110.71) to Mar. 2024 (77.56).
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.
Sixxon Tech Co's Inventory Turnover for the
three
months ended in Mar. 2024 was 1.18.
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.
Sixxon Tech Co's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.66.
Sixxon Tech Co Days Inventory Historical Data
The historical data trend for Sixxon Tech 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.
Competitive Comparison of Sixxon Tech Co's Days Inventory
For the Metal Fabrication subindustry, Sixxon Tech 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.
Sixxon Tech Co's Days Inventory Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Sixxon Tech Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Sixxon Tech Co's Days Inventory falls into.
Sixxon Tech Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Sixxon Tech Co's Days Inventory for the fiscal year that ended in Dec. 2023 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.
Sixxon Tech Co (TPE:4569) 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.
Sixxon Tech 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.
Sixxon Tech 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.
Sixxon Tech Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Sixxon Tech Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Sixxon Tech Co Ltd is a product solutions company providing comprehensive design, manufacturing, supply chain, and product management services. Its main business is the design, manufacturing, processing, and sales of precision metal parts and components of automotive, industrial applications, electronics, and medical products. It uses 3D design software as development aids for metal raw materials such as copper, aluminum, titanium alloys, steel, and stainless steel, and complex multi-axis machines to enable Various metal materials to be processed in a single machine; and through on-site monitoring software.
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