GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Collins Co Ltd (TPE:2906) » Definitions » Days Inventory

Collins Co (TPE:2906) Days Inventory : 86.76 (As of Dec. 2023)


View and export this data going back to 1989. Start your Free Trial

What is Collins Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Collins Co's Average Total Inventories for the three months ended in Dec. 2023 was NT$1,449 Mil. Collins Co's Cost of Goods Sold for the three months ended in Dec. 2023 was NT$1,524 Mil. Hence, Collins Co's Days Inventory for the three months ended in Dec. 2023 was 86.76.

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

TPE:2906' s Days Inventory Range Over the Past 10 Years
Min: 45   Med: 64.04   Max: 91.31
Current: 87.4

During the past 13 years, Collins Co's highest Days Inventory was 91.31. The lowest was 45.00. And the median was 64.04.

TPE:2906's Days Inventory is ranked better than
59.83% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.545 vs TPE:2906: 87.40

Collins Co's Days Inventory declined from Dec. 2022 (91.63) to Dec. 2023 (86.76).

Inventory Turnover measures how fast the company turns over its inventory within a year. Collins Co's Inventory Turnover for the three months ended in Dec. 2023 was 1.05.

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. Collins Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.66.


Collins Co Days Inventory Historical Data

The historical data trend for Collins 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.

Collins Co Days Inventory Chart

Collins Co 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 64.94 77.73 72.65 76.01 91.31

Collins 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 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 91.63 90.66 83.34 85.04 86.76

Competitive Comparison of Collins Co's Days Inventory

For the Specialty Retail subindustry, Collins 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.


Collins Co's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Collins Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Collins Co's Days Inventory falls into.



Collins Co Days Inventory Calculation

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

Collins 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
=( (1340.283 + 1469.227) / 2 ) / 5615.164*365
=1404.755 / 5615.164*365
=91.31

Collins 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
=( (1428.138 + 1469.227) / 2 ) / 1523.575*365 / 4
=1448.6825 / 1523.575*365 / 4
=86.76

* 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.


Collins Co  (TPE:2906) 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.

Collins Co'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.

Collins Co'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.


Collins Co Days Inventory Related Terms

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


Collins Co (TPE:2906) Business Description

Traded in Other Exchanges
N/A
Address
6th Floor, No. 201, Dunhua N. Road, Songshan District, Taipei, TWN, 10544
Collins Co Ltd is mainly engaged in import and export trading, clothing retail, leasing, garment processing and trading, medical equipment, biochemical testing, medicine trading, medical management consulting services, and investment. Geographically, it has a presence in Taiwan, America, Canada, and Other countries, with the majority of revenue being derived from Taiwan. Its segments include the Trading business department, Fashion life business department, Kidney dialysis business department, and Other business departments. It derives a majority of its revenue from the Trading business department.

Collins Co (TPE:2906) Headlines

No Headlines