Days Inventory is also known as Days Sales of Inventory (DSI). MITAC Holdings's Average Total Inventories for the
three
months ended in Dec. 2023 was NT$9,215 Mil. MITAC Holdings's Cost of Goods Sold for the
three
months ended in Dec. 2023 was NT$3,656 Mil.
Hence, MITAC Holdings's Days Inventory for the
three
months ended in Dec. 2023 was 230.02.
The historical rank and industry rank for MITAC Holdings's Days Inventory or its related term are showing as below:
TPE:3706'
s Days Inventory Range Over the Past 10 Years
Min: 54.63 Med: 84.63 Max: 108.99
Current: 108.99
During the past 13 years, MITAC Holdings's highest Days Inventory was 108.99. The lowest was 54.63. And the median was 84.63.
TPE:3706's Days Inventory is ranked worse than 52.66% of 2406
companies
in the Hardware industry
Industry Median: 103.87
vs TPE:3706: 108.99
MITAC Holdings's Days Inventory
increased
from Dec. 2022 (83.07) to Dec. 2023 (230.02).
It might indicate that MITAC Holdings's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
MITAC Holdings's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.40.
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.
MITAC Holdings's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 1.87.
MITAC Holdings Days Inventory Historical Data
The historical data trend for MITAC Holdings'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 MITAC Holdings's Days Inventory
For the Computer Hardware subindustry, MITAC Holdings'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.
MITAC Holdings's Days Inventory Distribution in the Hardware Industry
For the Hardware industry and Technology sector, MITAC Holdings's Days Inventory distribution charts can be found below:
* The bar in red indicates where MITAC Holdings's Days Inventory falls into.
MITAC Holdings Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
MITAC Holdings'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.
MITAC Holdings (TPE:3706) 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.
MITAC Holdings'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.
MITAC Holdings'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.
MITAC Holdings Days Inventory Related Terms
Thank you for viewing the detailed overview of MITAC Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
MITAC Holdings Corp is a holding company whose subsidiaries offer a range of electronics manufacturing services. It is engaged in designing, manufacturing, and distributing servers and storage products across various architectures in public cloud, private cloud, and hybrid cloud environments. The smart mobile device and cloud service business group build application ecosystems that bridge cloud service and smart mobile devices. It serves industries such as finance, technology, retail, education, and manufacturing. The company brands include Mio, Magellan, Navman, and Tyan.
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