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Chipbond Technology (ROCO:6147) Days Inventory : 41.02 (As of Mar. 2024)


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What is Chipbond Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Chipbond Technology's Average Total Inventories for the three months ended in Mar. 2024 was NT$1,630 Mil. Chipbond Technology's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$3,626 Mil. Hence, Chipbond Technology's Days Inventory for the three months ended in Mar. 2024 was 41.02.

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

ROCO:6147' s Days Inventory Range Over the Past 10 Years
Min: 24.46   Med: 27.51   Max: 42.52
Current: 42.52

During the past 13 years, Chipbond Technology's highest Days Inventory was 42.52. The lowest was 24.46. And the median was 27.51.

ROCO:6147's Days Inventory is ranked better than
86.65% of 944 companies
in the Semiconductors industry
Industry Median: 130.195 vs ROCO:6147: 42.52

Chipbond Technology's Days Inventory declined from Mar. 2023 (45.84) to Mar. 2024 (41.02).

Inventory Turnover measures how fast the company turns over its inventory within a year. Chipbond Technology's Inventory Turnover for the three months ended in Mar. 2024 was 2.22.

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. Chipbond Technology's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.38.


Chipbond Technology Days Inventory Historical Data

The historical data trend for Chipbond 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.

Chipbond Technology Days Inventory Chart

Chipbond Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.46 27.36 27.65 36.43 42.48

Chipbond Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 45.84 41.95 45.64 44.70 41.02

Competitive Comparison of Chipbond Technology's Days Inventory

For the Semiconductor Equipment & Materials subindustry, Chipbond 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.


Chipbond Technology's Days Inventory Distribution in the Semiconductors Industry

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

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



Chipbond Technology Days Inventory Calculation

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

Chipbond Technology'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
=( (1771.79 + 1703.452) / 2 ) / 14930.314*365
=1737.621 / 14930.314*365
=42.48

Chipbond 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: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (1703.452 + 1556.307) / 2 ) / 3625.585*365 / 4
=1629.8795 / 3625.585*365 / 4
=41.02

* 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.


Chipbond Technology  (ROCO:6147) 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.

Chipbond 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.

Chipbond 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.


Chipbond Technology Days Inventory Related Terms

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


Chipbond Technology (ROCO:6147) Business Description

Traded in Other Exchanges
N/A
Address
No 3, Li Hsin 5th Road, Hsinchu Science Park, Hsinchu, TWN, 300
Chipbond Technology Corp along is engaged in the research, development, manufacturing, and sale of driver IC and non-driver IC packaging and testing services.

Chipbond Technology (ROCO:6147) Headlines

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