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Time Interconnect Technology (HKSE:01729) Days Inventory : 174.79 (As of Sep. 2023)


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What is Time Interconnect Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Time Interconnect Technology's Average Total Inventories for the six months ended in Sep. 2023 was HK$2,128 Mil. Time Interconnect Technology's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$2,222 Mil. Hence, Time Interconnect Technology's Days Inventory for the six months ended in Sep. 2023 was 174.79.

The historical rank and industry rank for Time Interconnect Technology's Days Inventory or its related term are showing as below:

HKSE:01729' s Days Inventory Range Over the Past 10 Years
Min: 53.35   Med: 63.08   Max: 177.03
Current: 177.03

During the past 8 years, Time Interconnect Technology's highest Days Inventory was 177.03. The lowest was 53.35. And the median was 63.08.

HKSE:01729's Days Inventory is ranked worse than
70.12% of 2898 companies
in the Industrial Products industry
Industry Median: 121.445 vs HKSE:01729: 177.03

Time Interconnect Technology's Days Inventory increased from Sep. 2022 (85.82) to Sep. 2023 (174.79). It might indicate that Time Interconnect Technology's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Time Interconnect Technology's Inventory Turnover for the six months ended in Sep. 2023 was 1.04.

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. Time Interconnect Technology's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.81.


Time Interconnect Technology Days Inventory Historical Data

The historical data trend for Time Interconnect Technology'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.

Time Interconnect Technology Days Inventory Chart

Time Interconnect Technology Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Days Inventory
Get a 7-Day Free Trial 60.19 109.89 66.35 65.85 68.61

Time Interconnect Technology Semi-Annual Data
Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 68.06 72.48 85.82 175.94 174.79

Competitive Comparison of Time Interconnect Technology's Days Inventory

For the Electrical Equipment & Parts subindustry, Time Interconnect Technology'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.


Time Interconnect Technology's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Time Interconnect Technology's Days Inventory distribution charts can be found below:

* The bar in red indicates where Time Interconnect Technology's Days Inventory falls into.



Time Interconnect Technology Days Inventory Calculation

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

Time Interconnect Technology's Days Inventory for the fiscal year that ended in Mar. 2022 is calculated as

Days Inventory (A: Mar. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2021 ) + Total Inventories (A: Mar. 2022 )) / count ) / Cost of Goods Sold (A: Mar. 2022 )*Days in Period
=( (474.894 + 653.649) / 2 ) / 3002.02*365
=564.2715 / 3002.02*365
=68.61

Time Interconnect Technology's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (2050.559 + 2205.046) / 2 ) / 2221.711*365 / 2
=2127.8025 / 2221.711*365 / 2
=174.79

* 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.


Time Interconnect Technology  (HKSE:01729) 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.

Time Interconnect Technology's Inventory Turnover for the six months ended in Sep. 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.

Time Interconnect Technology's Inventory to Revenue for the six months ended in Sep. 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.


Time Interconnect Technology Days Inventory Related Terms

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


Time Interconnect Technology (HKSE:01729) Business Description

Traded in Other Exchanges
N/A
Address
5 Science Park East Avenue, Units 213-221, 2/F, Building 5E, Hong Kong Science Park, Shatin, Hong Kong, HKG
Time Interconnect Technology Ltd is an investment holding company. The company operates in the manufacture and sales of a wide variety of copper, digital cable products, & optical fiber cable assemblies. The firm is organized into two main operating divisions Cable assembly, Digital cables, and Server. The company generates revenue from the Server segment which includes manufacturing and trading of server products. Geographically, the company derives a majority of its revenue from China and also has a presence in the United States of America; Netherlands; Singapore; Hong Kong, and Other Countries. The company serves Telecommunication and Data Communication; Healthcare and Transportation and Industrial markets.
Executives
Wang Laichun 2201 Interest of corporation controlled by you
Wang Laisheng 2201 Interest of corporation controlled by you
Li Xun You Xian Gong Si 2201 Interest of corporation controlled by you
Li Xun Jing Mi Gong Ye Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you

Time Interconnect Technology (HKSE:01729) Headlines

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