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Powertip Image (ROCO:6498) Days Inventory : 45.38 (As of Jun. 2024)


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What is Powertip Image Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Powertip Image's Average Total Inventories for the six months ended in Jun. 2024 was NT$62.4 Mil. Powertip Image's Cost of Goods Sold for the six months ended in Jun. 2024 was NT$251.1 Mil. Hence, Powertip Image's Days Inventory for the six months ended in Jun. 2024 was 45.38.

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

ROCO:6498' s Days Inventory Range Over the Past 10 Years
Min: 18.62   Med: 41.51   Max: 66.54
Current: 45.47

During the past 13 years, Powertip Image's highest Days Inventory was 66.54. The lowest was 18.62. And the median was 41.51.

ROCO:6498's Days Inventory is ranked better than
83.75% of 2394 companies
in the Hardware industry
Industry Median: 99.695 vs ROCO:6498: 45.47

Powertip Image's Days Inventory declined from Jun. 2023 (55.18) to Jun. 2024 (45.38).

Inventory Turnover measures how fast the company turns over its inventory within a year. Powertip Image's Inventory Turnover for the six months ended in Jun. 2024 was 4.02.

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. Powertip Image's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.14.


Powertip Image Days Inventory Historical Data

The historical data trend for Powertip Image'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.

Powertip Image Days Inventory Chart

Powertip Image 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 20.59 18.62 35.62 51.67 50.15

Powertip Image Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 50.31 67.34 55.18 47.80 45.38

Competitive Comparison of Powertip Image's Days Inventory

For the Electronic Components subindustry, Powertip Image'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.


Powertip Image's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Powertip Image's Days Inventory distribution charts can be found below:

* The bar in red indicates where Powertip Image's Days Inventory falls into.



Powertip Image Days Inventory Calculation

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

Powertip Image'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
=( (52.902 + 68.741) / 2 ) / 442.628*365
=60.8215 / 442.628*365
=50.15

Powertip Image's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (68.741 + 56.139) / 2 ) / 251.132*365 / 2
=62.44 / 251.132*365 / 2
=45.38

* 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.


Powertip Image  (ROCO:6498) 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.

Powertip Image's Inventory Turnover for the six months ended in Jun. 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.

Powertip Image's Inventory to Revenue for the six months ended in Jun. 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.


Powertip Image Days Inventory Related Terms

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


Powertip Image Business Description

Traded in Other Exchanges
N/A
Address
3rd Floor, No.8, Gongyequ 6th Road, Xitun District, Taichung, TWN, 40755
Powertip Image Corp is a Taiwan based manufacturer of small to mid-size full-color TFT and monochrome displays as well as resistive and capacitive touch panels. The company's product lines include Embedded solutions, Evaluation board, EM Touch, VATN/PBT LCD Modules and Graphic LCD Modules among others. It earns revenue from sales of lens products.

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