Nam Liong International Co (ROCO:5450) Days Inventory : 70.22 (As of Dec. 2023)

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What is Nam Liong International Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nam Liong International Co's Average Total Inventories for the three months ended in Dec. 2023 was NT$353 Mil. Nam Liong International Co's Cost of Goods Sold for the three months ended in Dec. 2023 was NT$459 Mil. Hence, Nam Liong International Co's Days Inventory for the three months ended in Dec. 2023 was 70.22.

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

ROCO:5450' s Days Inventory Range Over the Past 10 Years
Min: 37.17 Med: 67.26 Max: 87.03
Current: 87.03

During the past 13 years, Nam Liong International Co's highest Days Inventory was 87.03. The lowest was 37.17. And the median was 67.26.

ROCO:5450's Days Inventory is ranked better than
69.47% of 1012 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.685 vs ROCO:5450: 87.03

Nam Liong International Co's Days Inventory declined from Dec. 2022 (99.46) to Dec. 2023 (70.22).

Inventory Turnover measures how fast the company turns over its inventory within a year. Nam Liong International Co's Inventory Turnover for the three months ended in Dec. 2023 was 1.30.

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. Nam Liong International Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.58.

Nam Liong International Co Days Inventory Historical Data

The historical data trend for Nam Liong International 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.

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Nam Liong International Co Days Inventory Chart

Nam Liong International Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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64.11

74.05

68.31

82.93

85.54

Nam Liong International Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															99.46	108.79	88.33	83.53	70.22

Competitive Comparison of Nam Liong International Co's Days Inventory

For the Textile Manufacturing subindustry, Nam Liong International 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.

Nam Liong International Co's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nam Liong International Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Nam Liong International Co's Days Inventory falls into.

Nam Liong International Co Days Inventory Calculation

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

Nam Liong International 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
=	( (511.778	+	335.043)	/	2 )	/	1806.711	*	365
=	423.4105					/	1806.711	*	365
=	85.54

Nam Liong International Co's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (370.933	+	335.043)	/	2 )	/	458.733	*	365 / 4
=	352.988					/	458.733	*	365 / 4
=	70.22

Nam Liong International Co (ROCO:5450) 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.

Nam Liong International Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	458.733	/	352.988
	=	1.30

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.

Nam Liong International Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	352.988	/	608.82
	=	0.58

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.

Nam Liong International Co Days Inventory Related Terms

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

Nam Liong International Co (ROCO:5450) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Nam Liong International Co Ltd (ROCO:5450) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

4th Floor No. 267, Chongyang Road, Nangang District, Taipei City, TWN, 115

Website

http://www.namliong-global.com

Nam Liong International Co Ltd is engaged in the manufacturing and sales of rubber sponges, sponge lamination, hook and loop, flame retardant fabric, abrasion-resistant fabric, TPU film, etc. The company earns revenue from its products which include textile products, sponge lamination products, special textile products, special material products, and others, and the majority of the company's revenue is earned from textile products.

Nam Liong International Co (ROCO:5450) Headlines

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