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C-Media Electronics (ROCO:6237) Days Inventory : 223.91 (As of Mar. 2024)


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What is C-Media Electronics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). C-Media Electronics's Average Total Inventories for the three months ended in Mar. 2024 was NT$71.1 Mil. C-Media Electronics's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$29.0 Mil. Hence, C-Media Electronics's Days Inventory for the three months ended in Mar. 2024 was 223.91.

The historical rank and industry rank for C-Media Electronics's Days Inventory or its related term are showing as below:

ROCO:6237' s Days Inventory Range Over the Past 10 Years
Min: 55.56   Med: 68.41   Max: 179.64
Current: 156.06

During the past 13 years, C-Media Electronics's highest Days Inventory was 179.64. The lowest was 55.56. And the median was 68.41.

ROCO:6237's Days Inventory is ranked worse than
62.1% of 942 companies
in the Semiconductors industry
Industry Median: 130.36 vs ROCO:6237: 156.06

C-Media Electronics's Days Inventory increased from Mar. 2023 (208.42) to Mar. 2024 (223.91). It might indicate that C-Media Electronics's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. C-Media Electronics's Inventory Turnover for the three months ended in Mar. 2024 was 0.41.

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. C-Media Electronics's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.81.


C-Media Electronics Days Inventory Historical Data

The historical data trend for C-Media Electronics'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.

C-Media Electronics Days Inventory Chart

C-Media Electronics 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 91.30 55.56 91.08 139.81 179.64

C-Media Electronics 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 208.42 108.30 173.61 154.18 223.91

Competitive Comparison of C-Media Electronics's Days Inventory

For the Semiconductors subindustry, C-Media Electronics'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.


C-Media Electronics's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, C-Media Electronics's Days Inventory distribution charts can be found below:

* The bar in red indicates where C-Media Electronics's Days Inventory falls into.



C-Media Electronics Days Inventory Calculation

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

C-Media Electronics'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
=( (158.197 + 68.616) / 2 ) / 230.419*365
=113.4065 / 230.419*365
=179.64

C-Media Electronics'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
=( (68.616 + 73.554) / 2 ) / 28.969*365 / 4
=71.085 / 28.969*365 / 4
=223.91

* 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.


C-Media Electronics  (ROCO:6237) 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.

C-Media Electronics'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.

C-Media Electronics'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.


C-Media Electronics Days Inventory Related Terms

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


C-Media Electronics (ROCO:6237) Business Description

Traded in Other Exchanges
N/A
Address
6F No.100, Sec. 4 Civil Boulevard, Taipei, TWN, 106
C-Media Electronics Inc is a Taiwan based Integrated circuits design house. Its products are used in motherboards, notebooks, sound cards, and digital televisions, as well as in information appliances, such as PC-based DVD players. In addition, it is also involved in the provision of information software services. All the activities are carried out through the region of Taiwan.

C-Media Electronics (ROCO:6237) Headlines

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