Days Inventory is also known as Days Sales of Inventory (DSI). Evergreen Marine (Taiwan)'s Average Total Inventories for the
three
months ended in Dec. 2023 was NT$11,100 Mil. Evergreen Marine (Taiwan)'s Cost of Goods Sold for the
three
months ended in Dec. 2023 was NT$60,788 Mil.
Hence, Evergreen Marine (Taiwan)'s Days Inventory for the
three
months ended in Dec. 2023 was 16.66.
The historical rank and industry rank for Evergreen Marine (Taiwan)'s Days Inventory or its related term are showing as below:
TPE:2603'
s Days Inventory Range Over the Past 10 Years
Min: 8.45 Med: 9.98 Max: 15.15
Current: 15.15
During the past 13 years, Evergreen Marine (Taiwan)'s highest Days Inventory was 15.15. The lowest was 8.45. And the median was 9.98.
TPE:2603's Days Inventory is ranked worse than 59.1% of 780
companies
in the Transportation industry
Industry Median: 11.505
vs TPE:2603: 15.15
Evergreen Marine (Taiwan)'s Days Inventory
increased
from Dec. 2022 (11.21) to Dec. 2023 (16.66).
It might indicate that Evergreen Marine (Taiwan)'s sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Evergreen Marine (Taiwan)'s Inventory Turnover for the
three
months ended in Dec. 2023 was 5.48.
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.
Evergreen Marine (Taiwan)'s Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.16.
Evergreen Marine (Taiwan) Days Inventory Historical Data
The historical data trend for Evergreen Marine (Taiwan)'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 Evergreen Marine (Taiwan)'s Days Inventory
For the Marine Shipping subindustry, Evergreen Marine (Taiwan)'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.
Evergreen Marine (Taiwan)'s Days Inventory Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Evergreen Marine (Taiwan)'s Days Inventory distribution charts can be found below:
* The bar in red indicates where Evergreen Marine (Taiwan)'s Days Inventory falls into.
Evergreen Marine (Taiwan) Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Evergreen Marine (Taiwan)'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.
Evergreen Marine (Taiwan) (TPE:2603) 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.
Evergreen Marine (Taiwan)'s Inventory Turnover for the
three
months ended in Dec. 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.
Evergreen Marine (Taiwan)'s Inventory to Revenue for the
three
months 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.
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.
Evergreen Marine (Taiwan) Days Inventory Related Terms
Thank you for viewing the detailed overview of Evergreen Marine (Taiwan)'s Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Evergreen Marine (Taiwan) (TPE:2603) Business Description
Evergreen Marine (Taiwan) is a transportation and logistics company domiciled in Taiwan. The company's main source of revenue is generated by transporting goods via its fleet of cargo ships. The company also manufactures, repairs, and distributes shipping containers; loads and unloads cargo; and provides logistics support services. The company principally derives revenue from the Americas and Europe, followed by Taiwan.
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