Sun Max Tech (TPE:6591) Days Inventory : 77.47 (As of Dec. 2024)

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What is Sun Max Tech Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sun Max Tech's Average Total Inventories for the three months ended in Dec. 2024 was NT$174 Mil. Sun Max Tech's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$205 Mil. Hence, Sun Max Tech's Days Inventory for the three months ended in Dec. 2024 was 77.47.

The historical rank and industry rank for Sun Max Tech's Days Inventory or its related term are showing as below:

TPE:6591' s Days Inventory Range Over the Past 10 Years
Min: 42.15 Med: 75.57 Max: 110.92
Current: 76.55

During the past 12 years, Sun Max Tech's highest Days Inventory was 110.92. The lowest was 42.15. And the median was 75.57.

TPE:6591's Days Inventory is ranked better than
62.28% of 2381 companies
in the Hardware industry
Industry Median: 95.61 vs TPE:6591: 76.55

Sun Max Tech's Days Inventory declined from Dec. 2023 (85.40) to Dec. 2024 (77.47).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sun Max Tech's Inventory Turnover for the three months ended in Dec. 2024 was 1.18.

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. Sun Max Tech's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.63.

Sun Max Tech Days Inventory Historical Data

The historical data trend for Sun Max Tech'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.

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Sun Max Tech Days Inventory Chart

Sun Max Tech Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

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81.40

106.39

110.92

88.99

79.40

Sun Max Tech Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial															85.40	89.05	75.82	62.82	77.47

Competitive Comparison of Sun Max Tech's Days Inventory

For the Computer Hardware subindustry, Sun Max Tech'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.

Sun Max Tech's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sun Max Tech's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sun Max Tech's Days Inventory falls into.

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Sun Max Tech Days Inventory Calculation

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

Sun Max Tech's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

	Days Inventory (A: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (220.274	+	183.652)	/	2 )	/	928.378	*	365
=	201.963					/	928.378	*	365
=	79.40

Sun Max Tech's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (163.581	+	183.652)	/	2 )	/	204.502	*	365 / 4
=	173.6165					/	204.502	*	365 / 4
=	77.47

Sun Max Tech (TPE:6591) 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.

Sun Max Tech's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	204.502	/	173.6165
	=	1.18

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.

Sun Max Tech's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	173.6165	/	275.604
	=	0.63

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.

Sun Max Tech Days Inventory Related Terms

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

Sun Max Tech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sun Max Tech Ltd (TPE:6591) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

802 West Bay Road, Oleander Way, P.O. Box 32052, The Grand Pavilion Commercial Centre, Grand Cayman, CYM, KY1-1208

Website

https://www.sun-max.com.tw

Sun Max Tech Ltd is engaged in the research and development, production, and sales of DC brushless cooling fans, liquid cooling pumps, and other computer-related accessories in Taiwan. Its products are mainly used for personal computers (PC), communications networks, and Industrial control. The company generates maximum revenue from a Cooling fan. Geographically, it derives a majority of its revenue from China and also has a presence in Taiwan and other countries.

Sun Max Tech Headlines

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