Shihlin Electric & Engineering (TPE:1503) Days Inventory : 139.10 (As of Dec. 2023)

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What is Shihlin Electric & Engineering Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shihlin Electric & Engineering's Average Total Inventories for the three months ended in Dec. 2023 was NT$9,324 Mil. Shihlin Electric & Engineering's Cost of Goods Sold for the three months ended in Dec. 2023 was NT$6,116 Mil. Hence, Shihlin Electric & Engineering's Days Inventory for the three months ended in Dec. 2023 was 139.10.

The historical rank and industry rank for Shihlin Electric & Engineering's Days Inventory or its related term are showing as below:

TPE:1503' s Days Inventory Range Over the Past 10 Years
Min: 78.09 Med: 90.05 Max: 126.7
Current: 126.7

During the past 13 years, Shihlin Electric & Engineering's highest Days Inventory was 126.70. The lowest was 78.09. And the median was 90.05.

TPE:1503's Days Inventory is ranked worse than
52.87% of 2905 companies
in the Industrial Products industry
Industry Median: 119.85 vs TPE:1503: 126.70

Shihlin Electric & Engineering's Days Inventory increased from Dec. 2022 (111.81) to Dec. 2023 (139.10). It might indicate that Shihlin Electric & Engineering's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shihlin Electric & Engineering's Inventory Turnover for the three months ended in Dec. 2023 was 0.66.

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. Shihlin Electric & Engineering's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.25.

Shihlin Electric & Engineering Days Inventory Historical Data

The historical data trend for Shihlin Electric & Engineering'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.

Shihlin Electric & Engineering Days Inventory Chart

Shihlin Electric & Engineering Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

80.04

78.09

86.25

108.69

125.99

Shihlin Electric & Engineering 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															111.81	109.38	127.02	134.97	139.10

Competitive Comparison of Shihlin Electric & Engineering's Days Inventory

For the Electrical Equipment & Parts subindustry, Shihlin Electric & Engineering'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.

Shihlin Electric & Engineering's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shihlin Electric & Engineering's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shihlin Electric & Engineering's Days Inventory falls into.

Shihlin Electric & Engineering Days Inventory Calculation

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

Shihlin Electric & Engineering'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
=	( (8801.579	+	9244.816)	/	2 )	/	26139.696	*	365
=	9023.1975					/	26139.696	*	365
=	125.99

Shihlin Electric & Engineering'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
=	( (9402.989	+	9244.816)	/	2 )	/	6116.29	*	365 / 4
=	9323.9025					/	6116.29	*	365 / 4
=	139.10

Shihlin Electric & Engineering (TPE:1503) 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.

Shihlin Electric & Engineering's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6116.29	/	9323.9025
	=	0.66

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.

Shihlin Electric & Engineering's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	9323.9025	/	7457.724
	=	1.25

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.

Shihlin Electric & Engineering Days Inventory Related Terms

Thank you for viewing the detailed overview of Shihlin Electric & Engineering's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Shihlin Electric & Engineering (TPE:1503) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shihlin Electric & Engineering Corp (TPE:1503) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 88, Zhongshan North Road, Section 6, 16th Floor, Taipei, TWN, 111

Website

https://www.seec.com.tw

Shihlin Electric & Engineering Corp is a Taiwan-based company The Group is engaged in the manufacture of heavy electrical equipment and machinery and automotive electrical equipment, devices, and related parts The company's product portfolio is categorized into five groups: automobile equipment systems, breaker switchgear and systems, heavy electric systems, and factory automation and system engineering products. The company operates production facilities in Taiwan, mainland China, and Vietnam.

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