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Oriental System Technology (ROCO:6819) Days Inventory : 140.67 (As of Dec. 2023)


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What is Oriental System Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Oriental System Technology's Average Total Inventories for the six months ended in Dec. 2023 was NT$66.6 Mil. Oriental System Technology's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$86.4 Mil. Hence, Oriental System Technology's Days Inventory for the six months ended in Dec. 2023 was 140.67.

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

ROCO:6819' s Days Inventory Range Over the Past 10 Years
Min: 89.26   Med: 158.91   Max: 342.89
Current: 180.57

During the past 7 years, Oriental System Technology's highest Days Inventory was 342.89. The lowest was 89.26. And the median was 158.91.

ROCO:6819's Days Inventory is ranked worse than
69.85% of 942 companies
in the Semiconductors industry
Industry Median: 129.735 vs ROCO:6819: 180.57

Oriental System Technology's Days Inventory declined from Dec. 2022 (267.79) to Dec. 2023 (140.67).

Inventory Turnover measures how fast the company turns over its inventory within a year. Oriental System Technology's Inventory Turnover for the six months ended in Dec. 2023 was 1.30.

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. Oriental System Technology's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.63.


Oriental System Technology Days Inventory Historical Data

The historical data trend for Oriental System 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.

Oriental System Technology Days Inventory Chart

Oriental System Technology Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 134.70 89.26 342.89 310.82 181.83

Oriental System Technology Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 335.71 369.21 267.79 224.82 140.67

Competitive Comparison of Oriental System Technology's Days Inventory

For the Semiconductors subindustry, Oriental System 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.


Oriental System Technology's Days Inventory Distribution in the Semiconductors Industry

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

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



Oriental System Technology Days Inventory Calculation

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

Oriental System 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
=( (107.304 + 54.158) / 2 ) / 162.057*365
=80.731 / 162.057*365
=181.83

Oriental System Technology'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
=( (79.057 + 54.158) / 2 ) / 86.416*365 / 2
=66.6075 / 86.416*365 / 2
=140.67

* 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.


Oriental System Technology  (ROCO:6819) 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.

Oriental System Technology's Inventory Turnover for the six months ended in Dec. 2023 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.

Oriental System Technology's Inventory to Revenue for the six months ended in Dec. 2023 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.


Oriental System Technology Days Inventory Related Terms

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


Oriental System Technology (ROCO:6819) Business Description

Traded in Other Exchanges
N/A
Address
No. 25, Industry E. 9th Road, 2nd Floor, Hsinchu Science Park, Hsinchu, TWN, 30075
Oriental System Technology Inc is engaged in the manufacturing of sensors. The product portfolio includes thermopile sensor, NDIR gas sensor, and optoelectronic components.

Oriental System Technology (ROCO:6819) Headlines

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