Nano Electronics and Micro System Technology (ROCO:7730) Days Inventory : 128.36 (As of Jun. 2024)

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What is Nano Electronics and Micro System Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nano Electronics and Micro System Technology's Average Total Inventories for the six months ended in Jun. 2024 was NT$115.6 Mil. Nano Electronics and Micro System Technology's Cost of Goods Sold for the six months ended in Jun. 2024 was NT$164.3 Mil. Hence, Nano Electronics and Micro System Technology's Days Inventory for the six months ended in Jun. 2024 was 128.36.

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

ROCO:7730' s Days Inventory Range Over the Past 10 Years
Min: 142.12 Med: 279.9 Max: 420.75
Current: 142.12

During the past 5 years, Nano Electronics and Micro System Technology's highest Days Inventory was 420.75. The lowest was 142.12. And the median was 279.90.

ROCO:7730's Days Inventory is ranked worse than
59.09% of 2921 companies
in the Industrial Products industry
Industry Median: 122.26 vs ROCO:7730: 142.12

Nano Electronics and Micro System Technology's Days Inventory declined from Jun. 2023 (196.70) to Jun. 2024 (128.36).

Inventory Turnover measures how fast the company turns over its inventory within a year. Nano Electronics and Micro System Technology's Inventory Turnover for the six months ended in Jun. 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. Nano Electronics and Micro System Technology's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.44.

Nano Electronics and Micro System Technology Days Inventory Historical Data

The historical data trend for Nano Electronics and Micro 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.

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Nano Electronics and Micro System Technology Days Inventory Chart

Nano Electronics and Micro System Technology Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

420.75

344.80

214.99

162.40

Nano Electronics and Micro System Technology Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Inventory	Get a 7-Day Free Trial			313.32	162.75	196.70	144.51	128.36

Competitive Comparison of Nano Electronics and Micro System Technology's Days Inventory

For the Specialty Industrial Machinery subindustry, Nano Electronics and Micro 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.

Nano Electronics and Micro System Technology's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nano Electronics and Micro System Technology's Days Inventory distribution charts can be found below:

* The bar in red indicates where Nano Electronics and Micro System Technology's Days Inventory falls into.

Nano Electronics and Micro System Technology Days Inventory Calculation

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

Nano Electronics and Micro 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
=	( (288.868	+	136.942)	/	2 )	/	478.511	*	365
=	212.905					/	478.511	*	365
=	162.40

Nano Electronics and Micro System Technology's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

	Days Inventory (Q: Jun. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (136.942	+	94.159)	/	2 )	/	164.291	*	365 / 2
=	115.5505					/	164.291	*	365 / 2
=	128.36

Nano Electronics and Micro System Technology (ROCO:7730) 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.

Nano Electronics and Micro System Technology's Inventory Turnover for the six months ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	164.291	/	115.5505
	=	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.

Nano Electronics and Micro System Technology's Inventory to Revenue for the six months ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	115.5505	/	263.46
	=	0.44

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.

Nano Electronics and Micro System Technology Days Inventory Related Terms

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Nano Electronics and Micro System Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nano Electronics and Micro System Technology Inc (ROCO:7730) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.100, Keji 5th Road, Tainan Technology Industrial Park, Annan District, Tainan, TWN, 709035

Website

https://www.nemstek.com.tw

Nano Electronics and Micro System Technology Inc is a company focused on the research and development of plasma technology. The company takes cutting-edge technical services as its purpose, and aims to provide high-efficiency industrial-grade surface treatment solutions. The company's main equipment focuses on dry equipment for plasma surface treatment, which can perform surface cleaning, surface modification (Modification), surface etching, and even surface treatment of materials. Drilling is performed on special polymer materials.

Nano Electronics and Micro System Technology Headlines

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