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Hengs Technology Co (ROCO:4582) Days Inventory : 104.54 (As of Jun. 2024)


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What is Hengs Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hengs Technology Co's Average Total Inventories for the six months ended in Jun. 2024 was NT$240 Mil. Hengs Technology Co's Cost of Goods Sold for the six months ended in Jun. 2024 was NT$418 Mil. Hence, Hengs Technology Co's Days Inventory for the six months ended in Jun. 2024 was 104.54.

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

ROCO:4582' s Days Inventory Range Over the Past 10 Years
Min: 17.63   Med: 34.17   Max: 84.5
Current: 84.5

During the past 8 years, Hengs Technology Co's highest Days Inventory was 84.50. The lowest was 17.63. And the median was 34.17.

ROCO:4582's Days Inventory is ranked better than
69.15% of 953 companies
in the Semiconductors industry
Industry Median: 122.88 vs ROCO:4582: 84.50

Hengs Technology Co's Days Inventory increased from Jun. 2023 (28.96) to Jun. 2024 (104.54). It might indicate that Hengs Technology Co's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hengs Technology Co's Inventory Turnover for the six months ended in Jun. 2024 was 1.75.

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. Hengs Technology Co's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.53.


Hengs Technology Co Days Inventory Historical Data

The historical data trend for Hengs Technology 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.

Hengs Technology Co Days Inventory Chart

Hengs Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 34.05 17.63 34.29 18.02 56.16

Hengs Technology Co Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 58.65 26.64 28.96 80.87 104.54

Competitive Comparison of Hengs Technology Co's Days Inventory

For the Solar subindustry, Hengs Technology 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.


Hengs Technology Co's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Hengs Technology Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hengs Technology Co's Days Inventory falls into.



Hengs Technology Co Days Inventory Calculation

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

Hengs Technology 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
=( (208.165 + 280.456) / 2 ) / 1587.947*365
=244.3105 / 1587.947*365
=56.16

Hengs Technology Co's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (280.456 + 198.678) / 2 ) / 418.24*365 / 2
=239.567 / 418.24*365 / 2
=104.54

* 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.


Hengs Technology Co  (ROCO:4582) 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.

Hengs Technology Co's Inventory Turnover for the six months ended in Jun. 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.

Hengs Technology Co's Inventory to Revenue for the six months ended in Jun. 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.


Hengs Technology Co Days Inventory Related Terms

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


Hengs Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Number 168, Yongke Ring Road, Yongkang District, Tainan, TWN, 710
Hengs Technology Co Ltd is a Taiwan-based company engaged in the development of the solar power system. The product portfolio of the company includes Solar Pump Package, Solar Outdoor Lighting, Solar Mounting Rack, PV Module, and Battery among others. The main business projects include energy technical service engineering, electronic equipment retail and wholesale, other machinery and lighting equipment manufacturing, international trade, etc.

Hengs Technology Co Headlines

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