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ThroughTek Co (ROCO:6565) Days Inventory : 0.04 (As of Jun. 2024)


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What is ThroughTek Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ThroughTek Co's Average Total Inventories for the six months ended in Jun. 2024 was NT$0.0 Mil. ThroughTek Co's Cost of Goods Sold for the six months ended in Jun. 2024 was NT$66.9 Mil. Hence, ThroughTek Co's Days Inventory for the six months ended in Jun. 2024 was 0.04.

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

ROCO:6565' s Days Inventory Range Over the Past 10 Years
Min: 0.06   Med: 3.02   Max: 8.75
Current: 0.06

During the past 12 years, ThroughTek Co's highest Days Inventory was 8.75. The lowest was 0.06. And the median was 3.02.

ROCO:6565's Days Inventory is ranked better than
98.71% of 1555 companies
in the Software industry
Industry Median: 18.72 vs ROCO:6565: 0.06

ThroughTek Co's Days Inventory declined from Jun. 2023 (0.07) to Jun. 2024 (0.04).

Inventory Turnover measures how fast the company turns over its inventory within a year. ThroughTek Co's Inventory Turnover for the six months ended in Jun. 2024 was 4,180.00.

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. ThroughTek Co's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.00.


ThroughTek Co Days Inventory Historical Data

The historical data trend for ThroughTek Co'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.

ThroughTek Co Days Inventory Chart

ThroughTek Co 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 3.95 2.71 6.74 2.52 0.06

ThroughTek Co 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 2.35 0.13 0.07 0.07 0.04

Competitive Comparison of ThroughTek Co's Days Inventory

For the Software - Infrastructure subindustry, ThroughTek Co'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.


ThroughTek Co's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, ThroughTek Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where ThroughTek Co's Days Inventory falls into.



ThroughTek Co Days Inventory Calculation

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

ThroughTek Co'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
=( (0.011 + 0.01) / 2 ) / 61.277*365
=0.0105 / 61.277*365
=0.06

ThroughTek Co'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
=( (0.01 + 0.022) / 2 ) / 66.88*365 / 2
=0.016 / 66.88*365 / 2
=0.04

* 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.


ThroughTek Co  (ROCO:6565) 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.

ThroughTek Co'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.

ThroughTek Co'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.


ThroughTek Co Days Inventory Related Terms

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


ThroughTek Co Business Description

Traded in Other Exchanges
N/A
Address
Lane 12, Xingzhong Road, 5th Floor, No. 21, Nangang District, Taipei, TWN, 11579
ThroughTek Co Ltd is a Taiwan-based company involved in network monitoring device-related software or firmware development services, IoT cloud connection platform software or firmware solution services, cloud services, cloud platform licensing and smart home networking product. The solutions provided by the company include Streaming Service, Video Recording, Two-Way Communication, Connected Car, Data Analytics and Home Automation among others.

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