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Trans Sun Materials Technology Co (ROCO:6967) Days Inventory : 42.96 (As of Dec. 2024)


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What is Trans Sun Materials Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Trans Sun Materials Technology Co's Average Total Inventories for the three months ended in Dec. 2024 was NT$111 Mil. Trans Sun Materials Technology Co's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$236 Mil. Hence, Trans Sun Materials Technology Co's Days Inventory for the three months ended in Dec. 2024 was 42.96.

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

ROCO:6967' s Days Inventory Range Over the Past 10 Years
Min: 34.38   Med: 38.21   Max: 51.2
Current: 35.85

During the past 6 years, Trans Sun Materials Technology Co's highest Days Inventory was 51.20. The lowest was 34.38. And the median was 38.21.

ROCO:6967's Days Inventory is ranked better than
86.93% of 1500 companies
in the Chemicals industry
Industry Median: 77.595 vs ROCO:6967: 35.85

Trans Sun Materials Technology Co's Days Inventory increased from Dec. 2023 (34.11) to Dec. 2024 (42.96). It might indicate that Trans Sun Materials Technology Co's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Trans Sun Materials Technology Co's Inventory Turnover for the three months ended in Dec. 2024 was 2.12.

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. Trans Sun Materials Technology Co's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.36.


Trans Sun Materials Technology Co Days Inventory Historical Data

The historical data trend for Trans Sun Materials 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.

* Premium members only.

Trans Sun Materials Technology Co Days Inventory Chart

Trans Sun Materials Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial 51.20 38.65 38.21 36.29 34.38

Trans Sun Materials Technology Co Quarterly Data
Dec19 Dec20 Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.11 37.49 31.26 34.61 42.96

Competitive Comparison of Trans Sun Materials Technology Co's Days Inventory

For the Specialty Chemicals subindustry, Trans Sun Materials 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.


Trans Sun Materials Technology Co's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Trans Sun Materials Technology Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Trans Sun Materials Technology Co's Days Inventory falls into.


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Trans Sun Materials Technology Co Days Inventory Calculation

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

Trans Sun Materials Technology Co'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
=( (93.08 + 102.201) / 2 ) / 1036.623*365
=97.6405 / 1036.623*365
=34.38

Trans Sun Materials Technology Co'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
=( (120.251 + 102.201) / 2 ) / 236.265*365 / 4
=111.226 / 236.265*365 / 4
=42.96

* 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.


Trans Sun Materials Technology Co  (ROCO:6967) 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.

Trans Sun Materials Technology Co'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.

Trans Sun Materials Technology Co'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.


Trans Sun Materials Technology Co Days Inventory Related Terms

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


Trans Sun Materials Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 185-2, Gongyequ 38th Road, Xiehe Village Xitun District, Taichung, TWN, 407020
Trans Sun Materials Technology Co Ltd is a comprehensive company that provides material solutions, including materials such as protective films, tapes, insulation, EMI, buffers, mesh, waterproof and breathable films, and appearance printing materials.

Trans Sun Materials Technology Co Headlines

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