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Gish International Co (ROCO:8067) Days Inventory : 774.10 (As of Sep. 2023)


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What is Gish International Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Gish International Co's Average Total Inventories for the three months ended in Sep. 2023 was NT$113.1 Mil. Gish International Co's Cost of Goods Sold for the three months ended in Sep. 2023 was NT$13.3 Mil. Hence, Gish International Co's Days Inventory for the three months ended in Sep. 2023 was 774.10.

The historical rank and industry rank for Gish International Co's Days Inventory or its related term are showing as below:

ROCO:8067' s Days Inventory Range Over the Past 10 Years
Min: 74.02   Med: 281.35   Max: 670.48
Current: 670.48

During the past 13 years, Gish International Co's highest Days Inventory was 670.48. The lowest was 74.02. And the median was 281.35.

ROCO:8067's Days Inventory is ranked worse than
97.84% of 2407 companies
in the Hardware industry
Industry Median: 102.53 vs ROCO:8067: 670.48

Gish International Co's Days Inventory increased from Sep. 2022 (457.93) to Sep. 2023 (774.10). It might indicate that Gish International 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. Gish International Co's Inventory Turnover for the three months ended in Sep. 2023 was 0.12.

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. Gish International Co's Inventory-to-Revenue for the three months ended in Sep. 2023 was 5.19.


Gish International Co Days Inventory Historical Data

The historical data trend for Gish International 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.

Gish International Co Days Inventory Chart

Gish International Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 480.13 301.88 260.82 308.39 506.05

Gish International Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 457.93 666.17 662.91 626.08 774.10

Competitive Comparison of Gish International Co's Days Inventory

For the Electronics & Computer Distribution subindustry, Gish International 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.


Gish International Co's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Gish International Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Gish International Co's Days Inventory falls into.



Gish International Co Days Inventory Calculation

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

Gish International Co's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (131.65 + 124.411) / 2 ) / 92.344*365
=128.0305 / 92.344*365
=506.05

Gish International Co's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (116.427 + 109.838) / 2 ) / 13.336*365 / 4
=113.1325 / 13.336*365 / 4
=774.10

* 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.


Gish International Co  (ROCO:8067) 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.

Gish International Co's Inventory Turnover for the three months ended in Sep. 2023 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.

Gish International Co's Inventory to Revenue for the three months ended in Sep. 2023 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.


Gish International Co Days Inventory Related Terms

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


Gish International Co (ROCO:8067) Business Description

Traded in Other Exchanges
N/A
Address
Xinbei Boulevard, Sanchong District, 14th Floor. No. 260, Section 2, New Taipei, TWN
Gish International Co Ltd distributes optical storage and multi-media products. The Company's products include CD-RW (Compact Disc Rewritable), DVD-RW (Digital Video Disc Rewritable) and disks, as well as MP3 players. It has distribution network throughout Southeast Asia, concentrated in Taiwan and Japan.

Gish International Co (ROCO:8067) Headlines

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