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Taiwan Special Chemicals (ROCO:4772) Days Inventory : 148.80 (As of Dec. 2023)


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What is Taiwan Special Chemicals Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Taiwan Special Chemicals's Average Total Inventories for the six months ended in Dec. 2023 was NT$166.4 Mil. Taiwan Special Chemicals's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$204.1 Mil. Hence, Taiwan Special Chemicals's Days Inventory for the six months ended in Dec. 2023 was 148.80.

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

ROCO:4772' s Days Inventory Range Over the Past 10 Years
Min: 113.91   Med: 178.78   Max: 233.6
Current: 176.78

During the past 5 years, Taiwan Special Chemicals's highest Days Inventory was 233.60. The lowest was 113.91. And the median was 178.78.

ROCO:4772's Days Inventory is ranked worse than
85.73% of 1493 companies
in the Chemicals industry
Industry Median: 82.59 vs ROCO:4772: 176.78

Taiwan Special Chemicals's Days Inventory declined from Dec. 2022 (219.46) to Dec. 2023 (148.80).

Inventory Turnover measures how fast the company turns over its inventory within a year. Taiwan Special Chemicals's Inventory Turnover for the six months ended in Dec. 2023 was 1.23.

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. Taiwan Special Chemicals's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.48.


Taiwan Special Chemicals Days Inventory Historical Data

The historical data trend for Taiwan Special Chemicals'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.

Taiwan Special Chemicals Days Inventory Chart

Taiwan Special Chemicals Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
233.60 113.91 178.78 204.46 161.96

Taiwan Special Chemicals Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial 225.94 192.07 219.46 236.08 148.80

Competitive Comparison of Taiwan Special Chemicals's Days Inventory

For the Specialty Chemicals subindustry, Taiwan Special Chemicals'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.


Taiwan Special Chemicals's Days Inventory Distribution in the Chemicals Industry

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

* The bar in red indicates where Taiwan Special Chemicals's Days Inventory falls into.



Taiwan Special Chemicals Days Inventory Calculation

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

Taiwan Special Chemicals'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
=( (165.963 + 138.682) / 2 ) / 343.29*365
=152.3225 / 343.29*365
=161.96

Taiwan Special Chemicals's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (194.145 + 138.682) / 2 ) / 204.103*365 / 2
=166.4135 / 204.103*365 / 2
=148.80

* 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.


Taiwan Special Chemicals  (ROCO:4772) 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.

Taiwan Special Chemicals's Inventory Turnover for the six months ended in Dec. 2023 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.

Taiwan Special Chemicals's Inventory to Revenue for the six months ended in Dec. 2023 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.


Taiwan Special Chemicals Days Inventory Related Terms

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


Taiwan Special Chemicals (ROCO:4772) Business Description

Traded in Other Exchanges
N/A
Address
No.1, Zhangbin West 3rd Road, Changhua County, Xianxi Township, TWN, 507
Taiwan Special Chemicals Corp is a developer and manufacturer of semiconductor special gas and semiconductor chemical materials.

Taiwan Special Chemicals (ROCO:4772) Headlines

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