Visco Vision (TPE:6782) Days Inventory : 122.55 (As of Mar. 2024)

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What is Visco Vision Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Visco Vision's Average Total Inventories for the three months ended in Mar. 2024 was NT$620 Mil. Visco Vision's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$462 Mil. Hence, Visco Vision's Days Inventory for the three months ended in Mar. 2024 was 122.55.

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

TPE:6782' s Days Inventory Range Over the Past 10 Years
Min: 66.89 Med: 88.92 Max: 129.75
Current: 129.75

During the past 7 years, Visco Vision's highest Days Inventory was 129.75. The lowest was 66.89. And the median was 88.92.

TPE:6782's Days Inventory is ranked better than
72.07% of 777 companies
in the Medical Devices & Instruments industry
Industry Median: 190.74 vs TPE:6782: 129.75

Visco Vision's Days Inventory increased from Mar. 2023 (118.52) to Mar. 2024 (122.55). It might indicate that Visco Vision'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. Visco Vision's Inventory Turnover for the three months ended in Mar. 2024 was 0.74.

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. Visco Vision's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.76.

Visco Vision Days Inventory Historical Data

The historical data trend for Visco Vision'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.

Visco Vision Days Inventory Chart

Visco Vision Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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81.37

96.37

90.53

88.92

126.53

Visco Vision Quarterly Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial														118.52	148.80	133.26	121.89	122.55

Competitive Comparison of Visco Vision's Days Inventory

For the Medical Instruments & Supplies subindustry, Visco Vision'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.

Visco Vision's Days Inventory Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Visco Vision's Days Inventory distribution charts can be found below:

* The bar in red indicates where Visco Vision's Days Inventory falls into.

Visco Vision Days Inventory Calculation

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

Visco Vision'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
=	( (461.985	+	606.067)	/	2 )	/	1540.519	*	365
=	534.026					/	1540.519	*	365
=	126.53

Visco Vision'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
=	( (606.067	+	634.606)	/	2 )	/	461.911	*	365 / 4
=	620.3365					/	461.911	*	365 / 4
=	122.55

Visco Vision (TPE:6782) 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.

Visco Vision's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	461.911	/	620.3365
	=	0.74

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.

Visco Vision's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	620.3365	/	815.946
	=	0.76

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.

Visco Vision Days Inventory Related Terms

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

Visco Vision (TPE:6782) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Visco Vision Inc (TPE:6782) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Xingye Street, Guishan District, Taoyuan, TWN, 33341

Website

http://www.viscovision.com.tw

Visco Vision Inc is a manufacturer and seller of disposable contact lenses. The company manufactures Spherical Lenses, Multifocal lenses, Toric lenses, and Cosmetic lenses. The company earns maximum revenue from Asia followed by Europe and America.

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