Waste Recovery Technology (ROCO:6894) Days Inventory : 64.23 (As of Dec. 2024)

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What is Waste Recovery Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Waste Recovery Technology's Average Total Inventories for the three months ended in Dec. 2024 was NT$149.0 Mil. Waste Recovery Technology's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$211.7 Mil. Hence, Waste Recovery Technology's Days Inventory for the three months ended in Dec. 2024 was 64.23.

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

ROCO:6894' s Days Inventory Range Over the Past 10 Years
Min: 44.42 Med: 70.73 Max: 90.54
Current: 72.23

During the past 7 years, Waste Recovery Technology's highest Days Inventory was 90.54. The lowest was 44.42. And the median was 70.73.

ROCO:6894's Days Inventory is ranked better than
77.77% of 2924 companies
in the Industrial Products industry
Industry Median: 121.295 vs ROCO:6894: 72.23

Waste Recovery Technology's Days Inventory declined from Dec. 2023 (66.39) to Dec. 2024 (64.23).

Inventory Turnover measures how fast the company turns over its inventory within a year. Waste Recovery Technology's Inventory Turnover for the three months ended in Dec. 2024 was 1.42.

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. Waste Recovery Technology's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.49.

Waste Recovery Technology Days Inventory Historical Data

The historical data trend for Waste Recovery 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.

Waste Recovery Technology Days Inventory Chart

Waste Recovery Technology Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

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66.94

44.42

51.91

74.52

82.25

Waste Recovery Technology Quarterly Data
	Dec18	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial											66.39	73.01	71.76	73.04	64.23

Competitive Comparison of Waste Recovery Technology's Days Inventory

For the Pollution & Treatment Controls subindustry, Waste Recovery 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.

Waste Recovery Technology's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Waste Recovery Technology's Days Inventory distribution charts can be found below:

* The bar in red indicates where Waste Recovery Technology's Days Inventory falls into.

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Waste Recovery Technology Days Inventory Calculation

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

Waste Recovery Technology's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

	Days Inventory (A: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (117.805	+	156.893)	/	2 )	/	609.487	*	365
=	137.349					/	609.487	*	365
=	82.25

Waste Recovery Technology's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (141.118	+	156.893)	/	2 )	/	211.684	*	365 / 4
=	149.0055					/	211.684	*	365 / 4
=	64.23

Waste Recovery Technology (ROCO:6894) 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.

Waste Recovery Technology's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	211.684	/	149.0055
	=	1.42

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.

Waste Recovery Technology's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	149.0055	/	303.022
	=	0.49

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.

Waste Recovery Technology Days Inventory Related Terms

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

Waste Recovery Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Waste Recovery Technology Inc (ROCO:6894) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

12F-1, No. 186, Dadun 19th Street, Xitun District, Taichung City, TWN

Website

https://www.recotech.com.tw/zh-tw

Waste Recovery Technology Inc engages in recycling and processing equipment for copper-containing waste liquid in the printed circuit board industry. The company produces printed circuit board copper plating insoluble anodes, printed circuit board copper containing waste liquid electrolytic recovery equipment, and others.

Waste Recovery Technology Headlines

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