GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Princeton Technology Corp (ROCO:6129) » Definitions » Days Inventory

Princeton Technology (ROCO:6129) Days Inventory : 258.01 (As of Mar. 2024)


View and export this data going back to 2001. Start your Free Trial

What is Princeton Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Princeton Technology's Average Total Inventories for the three months ended in Mar. 2024 was NT$567 Mil. Princeton Technology's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$201 Mil. Hence, Princeton Technology's Days Inventory for the three months ended in Mar. 2024 was 258.01.

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

ROCO:6129' s Days Inventory Range Over the Past 10 Years
Min: 97.27   Med: 119.73   Max: 314.44
Current: 314.44

During the past 13 years, Princeton Technology's highest Days Inventory was 314.44. The lowest was 97.27. And the median was 119.73.

ROCO:6129's Days Inventory is ranked worse than
87.15% of 942 companies
in the Semiconductors industry
Industry Median: 130.735 vs ROCO:6129: 314.44

Princeton Technology's Days Inventory increased from Dec. 2022 (178.80) to Mar. 2024 (258.01). It might indicate that Princeton Technology'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. Princeton Technology's Inventory Turnover for the three months ended in Mar. 2024 was 0.35.

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. Princeton Technology's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.92.


Princeton Technology Days Inventory Historical Data

The historical data trend for Princeton Technology'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.

Princeton Technology Days Inventory Chart

Princeton Technology Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 174.79 150.23 126.85 98.88 151.51

Princeton Technology Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 178.80 195.63 222.16 239.51 258.01

Competitive Comparison of Princeton Technology's Days Inventory

For the Semiconductors subindustry, Princeton Technology'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.


Princeton Technology's Days Inventory Distribution in the Semiconductors Industry

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

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



Princeton Technology Days Inventory Calculation

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

Princeton Technology's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (321.873 + 719.641) / 2 ) / 1254.555*365
=520.757 / 1254.555*365
=151.51

Princeton Technology'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
=( (608.319 + 526.074) / 2 ) / 200.603*365 / 4
=567.1965 / 200.603*365 / 4
=258.01

* 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.


Princeton Technology  (ROCO:6129) 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.

Princeton Technology'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.

Princeton Technology'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.


Princeton Technology Days Inventory Related Terms

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


Princeton Technology (ROCO:6129) Business Description

Traded in Other Exchanges
N/A
Address
No. 233-1, Baociao Road, 2nd Floor, Sindian District, New Taipei City, TWN, 23145
Princeton Technology Corp is engaged in the development, design, testing and sales of consumer integrated circuits (ICs). Its products include Display Driver ICs, Multimedia Audio Controller ICs, Motor Driver ICs, RF ICs, Encoder/Decoder ICs, Remote Control ICs, and ASICs and are suitable for a wide range of applications, including automotive dashboard and multimedia devices, portable audio players, digital TVs, home audio/video appliances, DSCs, DSLRs, monitoring cameras, and car security systems. Geographically, the activities are carried out in Taiwan, Japan, Korea, Mainland China(including HK) and others.

Princeton Technology (ROCO:6129) Headlines

No Headlines