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Koge Micro Tech Co (ROCO:4568) Days Inventory : 54.70 (As of Sep. 2024)


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What is Koge Micro Tech Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Koge Micro Tech Co's Average Total Inventories for the three months ended in Sep. 2024 was NT$144 Mil. Koge Micro Tech Co's Cost of Goods Sold for the three months ended in Sep. 2024 was NT$241 Mil. Hence, Koge Micro Tech Co's Days Inventory for the three months ended in Sep. 2024 was 54.70.

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

ROCO:4568' s Days Inventory Range Over the Past 10 Years
Min: 0.52   Med: 53.69   Max: 69.57
Current: 59.36

During the past 10 years, Koge Micro Tech Co's highest Days Inventory was 69.57. The lowest was 0.52. And the median was 53.69.

ROCO:4568's Days Inventory is ranked better than
84.5% of 2903 companies
in the Industrial Products industry
Industry Median: 121.86 vs ROCO:4568: 59.36

Koge Micro Tech Co's Days Inventory increased from Sep. 2023 (47.00) to Sep. 2024 (54.70). It might indicate that Koge Micro Tech Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Koge Micro Tech Co's Inventory Turnover for the three months ended in Sep. 2024 was 1.67.

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. Koge Micro Tech Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.40.


Koge Micro Tech Co Days Inventory Historical Data

The historical data trend for Koge Micro Tech 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.

Koge Micro Tech Co Days Inventory Chart

Koge Micro Tech 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 52.66 51.71 63.02 69.57 63.38

Koge Micro Tech Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 47.00 60.73 65.16 59.24 54.70

Competitive Comparison of Koge Micro Tech Co's Days Inventory

For the Specialty Industrial Machinery subindustry, Koge Micro Tech 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.


Koge Micro Tech Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Koge Micro Tech Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Koge Micro Tech Co's Days Inventory falls into.



Koge Micro Tech Co Days Inventory Calculation

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

Koge Micro Tech 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
=( (141.367 + 112.449) / 2 ) / 730.811*365
=126.908 / 730.811*365
=63.38

Koge Micro Tech Co's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (146.091 + 142.467) / 2 ) / 240.668*365 / 4
=144.279 / 240.668*365 / 4
=54.70

* 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.


Koge Micro Tech Co  (ROCO:4568) 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.

Koge Micro Tech Co's Inventory Turnover for the three months ended in Sep. 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.

Koge Micro Tech Co's Inventory to Revenue for the three months ended in Sep. 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.


Koge Micro Tech Co Days Inventory Related Terms

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


Koge Micro Tech Co Business Description

Traded in Other Exchanges
N/A
Address
5th Floor, No.6, Jiankang Road, Zhonghe District, New Taipei City, TWN, 23586
Koge Micro Tech Co Ltd is a Taiwan-based company engaged in the business of manufacturing precision pumps and valves. It engages in designing and producing different types of precision pumps and valves including air pumps, vacuum pumps, water pumps, gear pumps, and electromagnetic pumps; one-way solenoid valves, two-way solenoid valves, three-way solenoid valves, combined-type solenoid valves, linear-type solenoid valve and solenoid valves. The group's products are used and sold in fuel cells, energy and environment, environmental monitoring, detection analysis, medical devices, automotive products, healthcare equipment, beauty care apparatus, and household appliance fields.

Koge Micro Tech Co Headlines

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