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Transtech Optelecom Science Holdings (HKSE:09963) Days Inventory : 126.15 (As of Jun. 2023)


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What is Transtech Optelecom Science Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Transtech Optelecom Science Holdings's Average Total Inventories for the six months ended in Jun. 2023 was HK$60.6 Mil. Transtech Optelecom Science Holdings's Cost of Goods Sold for the six months ended in Jun. 2023 was HK$87.7 Mil. Hence, Transtech Optelecom Science Holdings's Days Inventory for the six months ended in Jun. 2023 was 126.15.

The historical rank and industry rank for Transtech Optelecom Science Holdings's Days Inventory or its related term are showing as below:

HKSE:09963' s Days Inventory Range Over the Past 10 Years
Min: 58.75   Med: 106.37   Max: 145.17
Current: 138.73

During the past 10 years, Transtech Optelecom Science Holdings's highest Days Inventory was 145.17. The lowest was 58.75. And the median was 106.37.

HKSE:09963's Days Inventory is ranked worse than
64.41% of 2405 companies
in the Hardware industry
Industry Median: 104.01 vs HKSE:09963: 138.73

Transtech Optelecom Science Holdings's Days Inventory increased from Jun. 2022 (123.28) to Jun. 2023 (126.15). It might indicate that Transtech Optelecom Science Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Transtech Optelecom Science Holdings's Inventory Turnover for the six months ended in Jun. 2023 was 1.45.

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. Transtech Optelecom Science Holdings's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.59.


Transtech Optelecom Science Holdings Days Inventory Historical Data

The historical data trend for Transtech Optelecom Science Holdings'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.

Transtech Optelecom Science Holdings Days Inventory Chart

Transtech Optelecom Science Holdings 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 106.37 89.21 145.17 116.65 136.23

Transtech Optelecom Science Holdings Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 160.89 123.28 90.64 126.15 157.55

Competitive Comparison of Transtech Optelecom Science Holdings's Days Inventory

For the Communication Equipment subindustry, Transtech Optelecom Science Holdings'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.


Transtech Optelecom Science Holdings's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Transtech Optelecom Science Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Transtech Optelecom Science Holdings's Days Inventory falls into.



Transtech Optelecom Science Holdings Days Inventory Calculation

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

Transtech Optelecom Science Holdings's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (70.178 + 59.51) / 2 ) / 202.893*365
=64.844 / 202.893*365
=116.65

Transtech Optelecom Science Holdings's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (59.51 + 61.722) / 2 ) / 87.693*365 / 2
=60.616 / 87.693*365 / 2
=126.15

* 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.


Transtech Optelecom Science Holdings  (HKSE:09963) 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.

Transtech Optelecom Science Holdings's Inventory Turnover for the six months ended in Jun. 2023 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.

Transtech Optelecom Science Holdings's Inventory to Revenue for the six months ended in Jun. 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.


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.


Transtech Optelecom Science Holdings Days Inventory Related Terms

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


Transtech Optelecom Science Holdings (HKSE:09963) Business Description

Traded in Other Exchanges
N/A
Address
No. 3 Dai Kwai Street, Tai Po Industrial Estate, Tai Po, New Territories, Hong Kong, HKG
Transtech Optelecom Science Holdings Ltd is a part of the telecommunication industry. The company has two segments namely Optical fibre cables, optical cable cores and other related products, which is located in Thailand; and Optical fibres, which is located in Hong Kong. Majority of the revenue is earned from Thailand.

Transtech Optelecom Science Holdings (HKSE:09963) Headlines

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