Major Power Technology Co (ROCO:6720) Days Inventory : 143.80 (As of Dec. 2023)

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What is Major Power Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Major Power Technology Co's Average Total Inventories for the six months ended in Dec. 2023 was NT$86.3 Mil. Major Power Technology Co's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$109.6 Mil. Hence, Major Power Technology Co's Days Inventory for the six months ended in Dec. 2023 was 143.80.

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

ROCO:6720' s Days Inventory Range Over the Past 10 Years
Min: 80.63 Med: 114.74 Max: 166.88
Current: 136.86

During the past 8 years, Major Power Technology Co's highest Days Inventory was 166.88. The lowest was 80.63. And the median was 114.74.

ROCO:6720's Days Inventory is ranked worse than
54.13% of 944 companies
in the Semiconductors industry
Industry Median: 130.195 vs ROCO:6720: 136.86

Major Power Technology Co's Days Inventory increased from Dec. 2022 (132.70) to Dec. 2023 (143.80). It might indicate that Major Power Technology Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Major Power Technology Co's Inventory Turnover for the six months ended in Dec. 2023 was 1.27.

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. Major Power Technology Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.42.

Major Power Technology Co Days Inventory Historical Data

The historical data trend for Major Power Technology 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.

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Major Power Technology Co Days Inventory Chart

Major Power Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

166.88

107.77

85.95

124.28

122.94

Major Power Technology Co Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial									76.83	111.91	132.70	143.84	143.80

Competitive Comparison of Major Power Technology Co's Days Inventory

For the Semiconductors subindustry, Major Power Technology 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.

Major Power Technology Co's Days Inventory Distribution in the Semiconductors Industry

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

* The bar in red indicates where Major Power Technology Co's Days Inventory falls into.

Major Power Technology Co Days Inventory Calculation

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

Major Power Technology 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
=	( (72.609	+	74.278)	/	2 )	/	218.04	*	365
=	73.4435					/	218.04	*	365
=	122.94

Major Power Technology Co's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (98.385	+	74.278)	/	2 )	/	109.562	*	365 / 2
=	86.3315					/	109.562	*	365 / 2
=	143.80

Major Power Technology Co (ROCO:6720) 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.

Major Power Technology Co's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	109.562	/	86.3315
	=	1.27

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.

Major Power Technology Co's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	86.3315	/	203.61
	=	0.42

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.

Major Power Technology Co Days Inventory Related Terms

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

Major Power Technology Co (ROCO:6720) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Major Power Technology Co Ltd (ROCO:6720) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6-1, Duxing Road, 2nd Floor, Hsinchu Science Park, East District, Hsinchu, TWN, 30070

Website

https://www.major-power.com.tw

Major Power Technology Co Ltd is a Taiwan-based IC design company involved in the development of Hall sensor and analog Power management components. Its product offerings include Buck, Boost, and Hall IC.

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