Days Inventory is also known as Days Sales of Inventory (DSI). Walsin Lihwa's Average Total Inventories for the
three
months ended in Mar. 2024 was $1,125.39 Mil. Walsin Lihwa's Cost of Goods Sold for the
three
months ended in Mar. 2024 was $1,195.60 Mil.
Hence, Walsin Lihwa's Days Inventory for the
three
months ended in Mar. 2024 was 85.89.
The historical rank and industry rank for Walsin Lihwa's Days Inventory or its related term are showing as below:
WSLWY'
s Days Inventory Range Over the Past 10 Years
Min: 51.64 Med: 69.78 Max: 78.6
Current: 76.65
During the past 13 years, Walsin Lihwa's highest Days Inventory was 78.60. The lowest was 51.64. And the median was 69.78.
WSLWY's Days Inventory is ranked better than 75.37% of 2911
companies
in the Industrial Products industry
Industry Median: 120.21
vs WSLWY: 76.65
Walsin Lihwa's Days Inventory
increased
from Mar. 2023 (71.21) to Mar. 2024 (85.89).
It might indicate that Walsin Lihwa's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Walsin Lihwa's Inventory Turnover for the
three
months ended in Mar. 2024 was 1.06.
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.
Walsin Lihwa's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.88.
Walsin Lihwa Days Inventory Historical Data
The historical data trend for Walsin Lihwa'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 Walsin Lihwa's Days Inventory
For the Electrical Equipment & Parts subindustry, Walsin Lihwa'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.
Walsin Lihwa's Days Inventory Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Walsin Lihwa's Days Inventory distribution charts can be found below:
* The bar in red indicates where Walsin Lihwa's Days Inventory falls into.
Walsin Lihwa Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Walsin Lihwa'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.
Walsin Lihwa (GREY:WSLWY) 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.
Walsin Lihwa'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.
Walsin Lihwa'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.
Walsin Lihwa Days Inventory Related Terms
Thank you for viewing the detailed overview of Walsin Lihwa's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Walsin Lihwa Corp is a producer of cables, steel, and wires. The company operating segments include Wires and cables, Stainless steel, Resource, Real estate, and Administration and investing. Wires and cables products include copper rods, wires, connectors and components which are sold to industries involving cables and wires, communications cable, heavy electronics, home electrical appliances, and construction. It generates maximum revenue from the Wires and cables segment. Geographically, it derives a majority of revenue from Asia and also has a presence in the United States of America, Europe, and Others countries.
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