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Ruentex Development Co (TPE:9945) Days Inventory : 521.53 (As of Mar. 2024)


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What is Ruentex Development Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ruentex Development Co's Average Total Inventories for the three months ended in Mar. 2024 was NT$29,795 Mil. Ruentex Development Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$5,213 Mil. Hence, Ruentex Development Co's Days Inventory for the three months ended in Mar. 2024 was 521.53.

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

TPE:9945' s Days Inventory Range Over the Past 10 Years
Min: 421.89   Med: 759.57   Max: 1142.77
Current: 530.82

During the past 13 years, Ruentex Development Co's highest Days Inventory was 1142.77. The lowest was 421.89. And the median was 759.57.

TPE:9945's Days Inventory is ranked worse than
95.77% of 1394 companies
in the Construction industry
Industry Median: 48.575 vs TPE:9945: 530.82

Ruentex Development Co's Days Inventory declined from Mar. 2023 (561.23) to Mar. 2024 (521.53).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ruentex Development Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.17.

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. Ruentex Development Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 4.26.


Ruentex Development Co Days Inventory Historical Data

The historical data trend for Ruentex Development 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.

Ruentex Development Co Days Inventory Chart

Ruentex Development 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 730.65 673.79 501.00 421.89 546.92

Ruentex Development 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 561.23 526.20 704.57 452.43 521.53

Competitive Comparison of Ruentex Development Co's Days Inventory

For the Engineering & Construction subindustry, Ruentex Development 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.


Ruentex Development Co's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ruentex Development Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ruentex Development Co's Days Inventory falls into.



Ruentex Development Co Days Inventory Calculation

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

Ruentex Development 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
=( (28986.866 + 31589.191) / 2 ) / 20213.33*365
=30288.0285 / 20213.33*365
=546.92

Ruentex Development 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
=( (31589.191 + 27999.954) / 2 ) / 5213.059*365 / 4
=29794.5725 / 5213.059*365 / 4
=521.53

* 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.


Ruentex Development Co  (TPE:9945) 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.

Ruentex Development 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.

Ruentex Development Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=29794.5725 / 7000.524
=4.26

* 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.


Ruentex Development Co Days Inventory Related Terms

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


Ruentex Development Co (TPE:9945) Business Description

Traded in Other Exchanges
N/A
Address
No. 308, Bade Road, 11th Floor-1, Section 2, Zhongshan District, Taipei, TWN, 104
Ruentex Development Co Ltd is a Taiwan-based company involved in the construction business. The company's reportable segments include Construction Business Department, Commercial Real Estate, Building Materials, and Wholesale. It generates maximum revenue from the Construction segment. Geographically, it derives a majority of its revenue from Taiwan.

Ruentex Development Co (TPE:9945) Headlines

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