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Kee Song Bio-Technology Holdings (ROCO:1258) Days Inventory : 39.56 (As of Mar. 2023)


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What is Kee Song Bio-Technology Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kee Song Bio-Technology Holdings's Average Total Inventories for the three months ended in Mar. 2023 was NT$246 Mil. Kee Song Bio-Technology Holdings's Cost of Goods Sold for the three months ended in Mar. 2023 was NT$567 Mil. Hence, Kee Song Bio-Technology Holdings's Days Inventory for the three months ended in Mar. 2023 was 39.56.

The historical rank and industry rank for Kee Song Bio-Technology Holdings's Days Inventory or its related term are showing as below:

ROCO:1258's Days Inventory is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 83.69
* Ranked among companies with meaningful Days Inventory only.

Kee Song Bio-Technology Holdings's Days Inventory increased from Mar. 2022 (38.80) to Mar. 2023 (39.56). It might indicate that Kee Song Bio-Technology Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kee Song Bio-Technology Holdings's Inventory Turnover for the three months ended in Mar. 2023 was 2.31.

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. Kee Song Bio-Technology Holdings's Inventory-to-Revenue for the three months ended in Mar. 2023 was 0.34.


Kee Song Bio-Technology Holdings Days Inventory Historical Data

The historical data trend for Kee Song Bio-Technology 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.

* Premium members only.

Kee Song Bio-Technology Holdings Days Inventory Chart

Kee Song Bio-Technology Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.68 17.52 34.41 38.35 40.71

Kee Song Bio-Technology Holdings Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 38.80 37.48 33.84 40.66 39.56

Competitive Comparison of Kee Song Bio-Technology Holdings's Days Inventory

For the Packaged Foods subindustry, Kee Song Bio-Technology 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.


Kee Song Bio-Technology Holdings's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kee Song Bio-Technology Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kee Song Bio-Technology Holdings's Days Inventory falls into.



Kee Song Bio-Technology Holdings Days Inventory Calculation

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

Kee Song Bio-Technology Holdings's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (208.211 + 257.821) / 2 ) / 2089.44*365
=233.016 / 2089.44*365
=40.71

Kee Song Bio-Technology Holdings's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

Days Inventory (Q: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Mar. 2023 )) / count ) / Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=( (257.821 + 234.097) / 2 ) / 567.354*365 / 4
=245.959 / 567.354*365 / 4
=39.56

* 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.


Kee Song Bio-Technology Holdings  (ROCO:1258) 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.

Kee Song Bio-Technology Holdings's Inventory Turnover for the three months ended in Mar. 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.

Kee Song Bio-Technology Holdings's Inventory to Revenue for the three months ended in Mar. 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.


Kee Song Bio-Technology Holdings Days Inventory Related Terms

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


Kee Song Bio-Technology Holdings (ROCO:1258) Business Description

Traded in Other Exchanges
N/A
Address
Songjiang Road, 104, 8th Floor, No. 51, Zhongshan District, Taipei, TWN, 104
Kee Song Bio-Technology Holdings Ltd is engaged in the processing and distribution of meat products. This includes poultry, production, and sale of chicken as well as the trade of frozen meat and prepared food. It has two reportable segments; the Poultry and processing distribution segment which is engaged in the business of importing, slaughtering, wholesaling, and retailing poultry and consumable goods of all kinds; and the Poultry farming segment involved in the business of poultry farming. It derives a majority of its revenue from the poultry farming segment.

Kee Song Bio-Technology Holdings (ROCO:1258) Headlines

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