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Lytone Enterprise (ROCO:1293) Days Inventory : 115.79 (As of Dec. 2023)


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What is Lytone Enterprise Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lytone Enterprise's Average Total Inventories for the six months ended in Dec. 2023 was NT$129.0 Mil. Lytone Enterprise's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$203.4 Mil. Hence, Lytone Enterprise's Days Inventory for the six months ended in Dec. 2023 was 115.79.

The historical rank and industry rank for Lytone Enterprise's Days Inventory or its related term are showing as below:

ROCO:1293' s Days Inventory Range Over the Past 10 Years
Min: 101.31   Med: 116.9   Max: 131.95
Current: 124.76

During the past 6 years, Lytone Enterprise's highest Days Inventory was 131.95. The lowest was 101.31. And the median was 116.90.

ROCO:1293's Days Inventory is ranked worse than
70.84% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 82.23 vs ROCO:1293: 124.76

Lytone Enterprise's Days Inventory declined from Dec. 2022 (134.12) to Dec. 2023 (115.79).

Inventory Turnover measures how fast the company turns over its inventory within a year. Lytone Enterprise's Inventory Turnover for the six months ended in Dec. 2023 was 1.58.

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. Lytone Enterprise's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.39.


Lytone Enterprise Days Inventory Historical Data

The historical data trend for Lytone Enterprise'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.

Lytone Enterprise Days Inventory Chart

Lytone Enterprise Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 131.95 101.31 110.39 123.03 122.13

Lytone Enterprise Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 109.72 144.42 134.12 138.51 115.79

Competitive Comparison of Lytone Enterprise's Days Inventory

For the Farm Products subindustry, Lytone Enterprise'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.


Lytone Enterprise's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Lytone Enterprise's Days Inventory distribution charts can be found below:

* The bar in red indicates where Lytone Enterprise's Days Inventory falls into.



Lytone Enterprise Days Inventory Calculation

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

Lytone Enterprise'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
=( (122.843 + 125.746) / 2 ) / 371.466*365
=124.2945 / 371.466*365
=122.13

Lytone Enterprise'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (132.316 + 125.746) / 2 ) / 203.368*365 / 2
=129.031 / 203.368*365 / 2
=115.79

* 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.


Lytone Enterprise  (ROCO:1293) 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.

Lytone Enterprise's Inventory Turnover for the six 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.

Lytone Enterprise's Inventory to Revenue for the six 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.


Lytone Enterprise Days Inventory Related Terms

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


Lytone Enterprise (ROCO:1293) Business Description

Traded in Other Exchanges
N/A
Address
Lane 169, Kangning Street, Suite 1, 13th Floor, No. 31-1, Xizhi District, New Taipei City, TWN, 22180
Lytone Enterprise Inc is a provider of science-based solutions, data-driven technologies, and services to enhance the quality and extend the shelf life of fresh produce. It supports growers, packers, and retailers by providing post-harvest solutions at different stages of the supply chain from the farm to the market.

Lytone Enterprise (ROCO:1293) Headlines

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