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Mechema Chemicals International (ROCO:4721) Days Inventory : 62.87 (As of Dec. 2024)


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What is Mechema Chemicals International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mechema Chemicals International's Average Total Inventories for the three months ended in Dec. 2024 was NT$291 Mil. Mechema Chemicals International's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$422 Mil. Hence, Mechema Chemicals International's Days Inventory for the three months ended in Dec. 2024 was 62.87.

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

ROCO:4721' s Days Inventory Range Over the Past 10 Years
Min: 36.6   Med: 49.98   Max: 86.31
Current: 63.65

During the past 13 years, Mechema Chemicals International's highest Days Inventory was 86.31. The lowest was 36.60. And the median was 49.98.

ROCO:4721's Days Inventory is ranked better than
62.81% of 1503 companies
in the Chemicals industry
Industry Median: 77.49 vs ROCO:4721: 63.65

Mechema Chemicals International's Days Inventory declined from Dec. 2023 (81.45) to Dec. 2024 (62.87).

Inventory Turnover measures how fast the company turns over its inventory within a year. Mechema Chemicals International's Inventory Turnover for the three months ended in Dec. 2024 was 1.45.

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. Mechema Chemicals International's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.57.


Mechema Chemicals International Days Inventory Historical Data

The historical data trend for Mechema Chemicals International'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.

Mechema Chemicals International Days Inventory Chart

Mechema Chemicals International Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.86 36.60 42.26 86.31 74.31

Mechema Chemicals International Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 81.45 62.36 56.54 62.38 62.87

Competitive Comparison of Mechema Chemicals International's Days Inventory

For the Specialty Chemicals subindustry, Mechema Chemicals International'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.


Mechema Chemicals International's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Mechema Chemicals International's Days Inventory distribution charts can be found below:

* The bar in red indicates where Mechema Chemicals International's Days Inventory falls into.


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Mechema Chemicals International Days Inventory Calculation

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

Mechema Chemicals International's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (357.092 + 337.84) / 2 ) / 1706.592*365
=347.466 / 1706.592*365
=74.31

Mechema Chemicals International's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (244.17 + 337.84) / 2 ) / 422.345*365 / 4
=291.005 / 422.345*365 / 4
=62.87

* 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.


Mechema Chemicals International  (ROCO:4721) 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.

Mechema Chemicals International's Inventory Turnover for the three months ended in Dec. 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.

Mechema Chemicals International's Inventory to Revenue for the three months ended in Dec. 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.


Mechema Chemicals International Days Inventory Related Terms

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


Mechema Chemicals International Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Ta-Tung 1st. Road, Kung-Ying District, Taoyuan, TWN
Mechema Chemicals International Corp is engaged in the manufacturing, distribution, import, and export of cobalt and its compounds and manganese and its compounds. The segments of the company are the oxidation catalysts and the battery material department.

Mechema Chemicals International Headlines

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