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Chia Chang Co (TPE:4942) Days Inventory : 30.01 (As of Dec. 2023)


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What is Chia Chang Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Chia Chang Co's Average Total Inventories for the three months ended in Dec. 2023 was NT$371 Mil. Chia Chang Co's Cost of Goods Sold for the three months ended in Dec. 2023 was NT$1,127 Mil. Hence, Chia Chang Co's Days Inventory for the three months ended in Dec. 2023 was 30.01.

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

TPE:4942' s Days Inventory Range Over the Past 10 Years
Min: 19.99   Med: 26.1   Max: 31.13
Current: 31.13

During the past 13 years, Chia Chang Co's highest Days Inventory was 31.13. The lowest was 19.99. And the median was 26.10.

TPE:4942's Days Inventory is ranked better than
92.73% of 2406 companies
in the Hardware industry
Industry Median: 103.87 vs TPE:4942: 31.13

Chia Chang Co's Days Inventory declined from Dec. 2022 (31.78) to Dec. 2023 (30.01).

Inventory Turnover measures how fast the company turns over its inventory within a year. Chia Chang Co's Inventory Turnover for the three months ended in Dec. 2023 was 3.04.

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. Chia Chang Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.25.


Chia Chang Co Days Inventory Historical Data

The historical data trend for Chia Chang 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.

Chia Chang Co Days Inventory Chart

Chia Chang 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 26.19 26.01 25.02 27.26 29.32

Chia Chang 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 31.78 34.26 32.15 30.09 30.01

Competitive Comparison of Chia Chang Co's Days Inventory

For the Electronic Components subindustry, Chia Chang 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.


Chia Chang Co's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Chia Chang Co's Days Inventory distribution charts can be found below:

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



Chia Chang Co Days Inventory Calculation

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

Chia Chang 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
=( (397.329 + 341.415) / 2 ) / 4598.033*365
=369.372 / 4598.033*365
=29.32

Chia Chang 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
=( (399.752 + 341.415) / 2 ) / 1126.989*365 / 4
=370.5835 / 1126.989*365 / 4
=30.01

* 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.


Chia Chang Co  (TPE:4942) 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.

Chia Chang 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.

Chia Chang 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.


Chia Chang Co Days Inventory Related Terms

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


Chia Chang Co (TPE:4942) Business Description

Traded in Other Exchanges
N/A
Address
No. 45, Lane 205, Nanshan Road, Section 2, Luchu Township, Taoyuan, TWN, 338
Chia Chang Co Ltd is a Taiwan-based company that engages mainly in the manufacturing, processing, and trading of various precision machinery, related mechanical mold components, mechanical steel mold accessories, and computer peripheral equipment. Its reportable segments are Stamping Department and Others, and the majority of revenue is derived from Stamping Business.

Chia Chang Co (TPE:4942) Headlines

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