GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » APEX Wind Power Equipment Manufacturing (ROCO:7702) » Definitions » Days Inventory

APEX Wind Power Equipment Manufacturing (ROCO:7702) Days Inventory : 2.31 (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is APEX Wind Power Equipment Manufacturing Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). APEX Wind Power Equipment Manufacturing's Average Total Inventories for the six months ended in Dec. 2023 was NT$6 Mil. APEX Wind Power Equipment Manufacturing's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$453 Mil. Hence, APEX Wind Power Equipment Manufacturing's Days Inventory for the six months ended in Dec. 2023 was 2.31.

The historical rank and industry rank for APEX Wind Power Equipment Manufacturing's Days Inventory or its related term are showing as below:

ROCO:7702' s Days Inventory Range Over the Past 10 Years
Min: 2.28   Med: 15.44   Max: 16.94
Current: 2.3

During the past 3 years, APEX Wind Power Equipment Manufacturing's highest Days Inventory was 16.94. The lowest was 2.28. And the median was 15.44.

ROCO:7702's Days Inventory is ranked better than
99.69% of 2905 companies
in the Industrial Products industry
Industry Median: 121.9 vs ROCO:7702: 2.30

APEX Wind Power Equipment Manufacturing's Days Inventory declined from Dec. 2022 (15.88) to Dec. 2023 (2.31).

Inventory Turnover measures how fast the company turns over its inventory within a year. APEX Wind Power Equipment Manufacturing's Inventory Turnover for the six months ended in Dec. 2023 was 78.89.

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. APEX Wind Power Equipment Manufacturing's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.01.

APEX Wind Power Equipment Manufacturing Days Inventory Historical Data

The historical data trend for APEX Wind Power Equipment Manufacturing'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.

APEX Wind Power Equipment Manufacturing Days Inventory Chart

APEX Wind Power Equipment Manufacturing Annual Data
Trend Dec21 Dec22 Dec23
Days Inventory
16.94 15.44 2.28

APEX Wind Power Equipment Manufacturing Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory - 15.04 15.88 2.31 2.31

Competitive Comparison of APEX Wind Power Equipment Manufacturing's Days Inventory

For the Metal Fabrication subindustry, APEX Wind Power Equipment Manufacturing'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.

APEX Wind Power Equipment Manufacturing's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, APEX Wind Power Equipment Manufacturing's Days Inventory distribution charts can be found below:

* The bar in red indicates where APEX Wind Power Equipment Manufacturing's Days Inventory falls into.


APEX Wind Power Equipment Manufacturing Days Inventory Calculation

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

APEX Wind Power Equipment Manufacturing'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
=( (5.31 + 5.778) / 2 ) / 887.995*365
=5.544 / 887.995*365
=2.28

APEX Wind Power Equipment Manufacturing'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
=( (5.694 + 5.778) / 2 ) / 452.537*365 / 2
=5.736 / 452.537*365 / 2
=2.31

* 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.

APEX Wind Power Equipment Manufacturing  (ROCO:7702) 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.

APEX Wind Power Equipment Manufacturing's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=452.537 / 5.736
=78.89

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.

APEX Wind Power Equipment Manufacturing's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=5.736 / 568.918
=0.01

* 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.

APEX Wind Power Equipment Manufacturing Days Inventory Related Terms

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

APEX Wind Power Equipment Manufacturing (ROCO:7702) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » APEX Wind Power Equipment Manufacturing (ROCO:7702) » Definitions » Days Inventory
Comparable Companies
Traded in Other Exchanges
N/A
Address
17F, No. 97, Sec. 4 Road, Chongxin Road, Sanchong District, New Taipei, TWN, 24161
Website
https://www.apexwp.com.tw
APEX Wind Power Equipment Manufacturing is a company that provides services ranging from steel plate storage, flame cutting (CNC), edge beveling, plate rolling, SAW submerged arc welding, to finished product related dimensional measurement and non-destructive test, APEX's one-stop service satisfies all clients with first-class products. It has great steel structure processing abilities and provides clients with the best services.

APEX Wind Power Equipment Manufacturing (ROCO:7702) Headlines

No Headlines