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Forg Innovation Co (ROCO:4712) Days Inventory : 0.00 (As of Mar. 2024)


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What is Forg Innovation Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Forg Innovation Co's Average Total Inventories for the three months ended in Mar. 2024 was NT$0.00 Mil. Forg Innovation Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$0.78 Mil. Hence, Forg Innovation Co's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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

ROCO:4712' s Days Inventory Range Over the Past 10 Years
Min: 9.04   Med: 19.93   Max: 955.01
Current: 955.01

During the past 13 years, Forg Innovation Co's highest Days Inventory was 955.01. The lowest was 9.04. And the median was 19.93.

ROCO:4712's Days Inventory is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 83.4 vs ROCO:4712: 955.01

Forg Innovation Co's Days Inventory declined from Sep. 2022 (205.54) to Mar. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Forg Innovation Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.


Forg Innovation Co Days Inventory Historical Data

The historical data trend for Forg Innovation 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.

Forg Innovation Co Days Inventory Chart

Forg Innovation Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.06 60.04 132.42 212.15 106.34

Forg Innovation Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 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 205.54 1,126.28 - - -

Competitive Comparison of Forg Innovation Co's Days Inventory

For the Farm Products subindustry, Forg Innovation 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.


Forg Innovation Co's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Forg Innovation Co's Days Inventory falls into.



Forg Innovation Co Days Inventory Calculation

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

Forg Innovation Co's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (25.056 + 6.474) / 2 ) / 54.11*365
=15.765 / 54.11*365
=106.34

Forg Innovation 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: Sep. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0.78*365 / 4
=0 / 0.78*365 / 4
=0.00

* 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.


Forg Innovation Co  (ROCO:4712) 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.

Forg Innovation 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.

Forg Innovation 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.


Forg Innovation Co Days Inventory Related Terms

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


Forg Innovation Co (ROCO:4712) Business Description

Traded in Other Exchanges
N/A
Address
23 Floor, No. 1086, Zhongzheng Road, Taoyuan District, Taoyuan City, TWN
Forg Innovation Co Ltd Formerly Forkluck Innovation Co Ltd is engaged in the wholesale of aquatic products. The company's products include grouper, eels, sweetfish, king crabs, East Asian four-finger threadfin, and others.

Forg Innovation Co (ROCO:4712) Headlines

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