GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Taiwan Television Enterprise Co Ltd (ROCO:8329) » Definitions » Days Inventory

Taiwan Television Enterprise Co (ROCO:8329) Days Inventory

: 12.54 (As of Jun. 2023)
View and export this data going back to 2007. Start your Free Trial

Days Inventory is also known as Days Sales of Inventory (DSI). Taiwan Television Enterprise Co's Average Total Inventories for the six months ended in Jun. 2023 was NT$38 Mil. Taiwan Television Enterprise Co's Cost of Goods Sold for the six months ended in Jun. 2023 was NT$546 Mil. Hence, Taiwan Television Enterprise Co's Days Inventory for the six months ended in Jun. 2023 was 12.54.

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

ROCO:8329' s Days Inventory Range Over the Past 10 Years
Min: 2.48   Med: 5.18   Max: 43.1
Current: 14.13

During the past 13 years, Taiwan Television Enterprise Co's highest Days Inventory was 43.10. The lowest was 2.48. And the median was 5.18.

ROCO:8329's Days Inventory is ranked better than
62.39% of 654 companies
in the Media - Diversified industry
Industry Median: 26.335 vs ROCO:8329: 14.13

Taiwan Television Enterprise Co's Days Inventory declined from Jun. 2022 (25.66) to Jun. 2023 (12.54).

Inventory Turnover measures how fast the company turns over its inventory within a year. Taiwan Television Enterprise Co's Inventory Turnover for the six months ended in Jun. 2023 was 14.56.

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. Taiwan Television Enterprise Co's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.06.


Taiwan Television Enterprise Co Days Inventory Historical Data

The historical data trend for Taiwan Television Enterprise 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.

Taiwan Television Enterprise Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.00 2.48 21.31 43.10 27.90

Taiwan Television Enterprise Co Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 23.95 22.00 25.66 18.56 12.54

Competitive Comparison

For the Broadcasting subindustry, Taiwan Television Enterprise 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.


Taiwan Television Enterprise Co Days Inventory Distribution

For the Media - Diversified industry and Communication Services sector, Taiwan Television Enterprise Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Taiwan Television Enterprise Co's Days Inventory falls into.



Taiwan Television Enterprise Co Days Inventory Calculation

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

Taiwan Television Enterprise Co'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
=( (107.089 + 56.919) / 2 ) / 1072.936*365
=82.004 / 1072.936*365
=27.90

Taiwan Television Enterprise Co'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
=( (56.919 + 18.151) / 2 ) / 546.354*365 / 2
=37.535 / 546.354*365 / 2
=12.54

* 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.


Taiwan Television Enterprise Co  (ROCO:8329) 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.

Taiwan Television Enterprise Co'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.

Taiwan Television Enterprise Co'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.


Taiwan Television Enterprise Co Days Inventory Related Terms

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


Taiwan Television Enterprise Co (ROCO:8329) Business Description

Traded in Other Exchanges
N/A
Address
No.10, Section 3 Pa Te Road, Songshan District, Taipei, TWN, 105
Taiwan Television Enterprise Co Ltd is a Taiwan based company engages in the production of a television program, radio and television advertising, and program distribution.

Taiwan Television Enterprise Co (ROCO:8329) Headlines

No Headlines