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Bright Sheland International Co (ROCO:4556) Days Inventory : 199.26 (As of Mar. 2024)


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What is Bright Sheland International Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bright Sheland International Co's Average Total Inventories for the three months ended in Mar. 2024 was NT$246.0 Mil. Bright Sheland International Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$112.6 Mil. Hence, Bright Sheland International Co's Days Inventory for the three months ended in Mar. 2024 was 199.26.

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

ROCO:4556' s Days Inventory Range Over the Past 10 Years
Min: 185.79   Med: 234.5   Max: 256.17
Current: 238.75

During the past 12 years, Bright Sheland International Co's highest Days Inventory was 256.17. The lowest was 185.79. And the median was 234.50.

ROCO:4556's Days Inventory is ranked worse than
82.7% of 2907 companies
in the Industrial Products industry
Industry Median: 121.9 vs ROCO:4556: 238.75

Bright Sheland International Co's Days Inventory declined from Mar. 2023 (293.06) to Mar. 2024 (199.26).

Inventory Turnover measures how fast the company turns over its inventory within a year. Bright Sheland International Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.46.

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. Bright Sheland International Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.51.


Bright Sheland International Co Days Inventory Historical Data

The historical data trend for Bright Sheland International 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.

Bright Sheland International Co Days Inventory Chart

Bright Sheland International 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 233.53 230.84 252.19 244.85 256.17

Bright Sheland International Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 293.06 256.20 251.98 249.20 199.26

Competitive Comparison of Bright Sheland International Co's Days Inventory

For the Pollution & Treatment Controls subindustry, Bright Sheland International 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.


Bright Sheland International Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bright Sheland International Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Bright Sheland International Co's Days Inventory falls into.



Bright Sheland International Co Days Inventory Calculation

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

Bright Sheland International 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
=( (280.773 + 239.107) / 2 ) / 370.366*365
=259.94 / 370.366*365
=256.17

Bright Sheland International Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (239.107 + 252.826) / 2 ) / 112.64*365 / 4
=245.9665 / 112.64*365 / 4
=199.26

* 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.


Bright Sheland International Co  (ROCO:4556) 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.

Bright Sheland International Co's Inventory Turnover for the three months ended in Mar. 2024 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.

Bright Sheland International Co's Inventory to Revenue for the three months ended in Mar. 2024 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.


Bright Sheland International Co Days Inventory Related Terms

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


Bright Sheland International Co (ROCO:4556) Business Description

Traded in Other Exchanges
N/A
Address
No. 15, Kejia 6th Road, Yunlin Science and Technology Industrial Zone, Yunlin County, Douliu, TWN, 640-57
Bright Sheland International Co Ltd is a Taiwan-based company focused on industrial filtration and separation systems. The products of the company include Cartridges and Housing, Melt Blown Cartridges, Winding Cartridges, Activated Carbon Filter Cartridges, and Glass Fiber Filter Cartridges among others.

Bright Sheland International Co (ROCO:4556) Headlines

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