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Mega Union Technology (ROCO:6944) Days Inventory : 30.80 (As of Dec. 2024)


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What is Mega Union Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mega Union Technology's Average Total Inventories for the three months ended in Dec. 2024 was NT$796 Mil. Mega Union Technology's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$2,359 Mil. Hence, Mega Union Technology's Days Inventory for the three months ended in Dec. 2024 was 30.80.

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

ROCO:6944' s Days Inventory Range Over the Past 10 Years
Min: 17.36   Med: 32.8   Max: 64.88
Current: 64.88

During the past 5 years, Mega Union Technology's highest Days Inventory was 64.88. The lowest was 17.36. And the median was 32.80.

ROCO:6944's Days Inventory is ranked better than
81.81% of 2924 companies
in the Industrial Products industry
Industry Median: 121.295 vs ROCO:6944: 64.88

Mega Union Technology's Days Inventory declined from Sep. 2023 (62.94) to Dec. 2024 (30.80).

Inventory Turnover measures how fast the company turns over its inventory within a year. Mega Union Technology's Inventory Turnover for the three months ended in Dec. 2024 was 2.96.

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. Mega Union Technology's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.26.


Mega Union Technology Days Inventory Historical Data

The historical data trend for Mega Union 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.

Mega Union Technology Days Inventory Chart

Mega Union Technology Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
19.51 17.36 32.80 50.84 37.51

Mega Union Technology Quarterly Data
Dec20 Dec21 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
Days Inventory Get a 7-Day Free Trial Premium Member Only 62.94 35.58 - 33.39 30.80

Competitive Comparison of Mega Union Technology's Days Inventory

For the Pollution & Treatment Controls subindustry, Mega Union 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.


Mega Union Technology's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where Mega Union Technology's Days Inventory falls into.


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Mega Union Technology Days Inventory Calculation

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

Mega Union 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
=( (818.462 + 815.902) / 2 ) / 7951.677*365
=817.182 / 7951.677*365
=37.51

Mega Union 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
=( (776.425 + 815.902) / 2 ) / 2358.952*365 / 4
=796.1635 / 2358.952*365 / 4
=30.80

* 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.


Mega Union Technology  (ROCO:6944) 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.

Mega Union Technology's Inventory Turnover for the three months ended in Dec. 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.

Mega Union Technology's Inventory to Revenue for the three months ended in Dec. 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.


Mega Union Technology Days Inventory Related Terms

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


Mega Union Technology Business Description

Traded in Other Exchanges
N/A
Address
No.439-3, Taoying Road, 1st Floor, Taoyuan County, Taoyuan City, TWN
Mega Union Technology Inc develops various wastewater treatment technology. It focuses on water recovery and recycling, prolonging the cycle life of water, and reducing the depletion of water resources. Its offers Seawater desalination/general industrial water/ultrapure water production systems; Wastewater Treatment Systems / Recycled Water Treatment Systems; and Chemical Recycling Manufacturing Systems.

Mega Union Technology Headlines

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