Taiwan Cement (TPE:1101) Days Inventory : 51.61 (As of Dec. 2023)

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What is Taiwan Cement Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Taiwan Cement's Average Total Inventories for the three months ended in Dec. 2023 was NT$12,469 Mil. Taiwan Cement's Cost of Goods Sold for the three months ended in Dec. 2023 was NT$22,043 Mil. Hence, Taiwan Cement's Days Inventory for the three months ended in Dec. 2023 was 51.61.

The historical rank and industry rank for Taiwan Cement's Days Inventory or its related term are showing as below:

TPE:1101' s Days Inventory Range Over the Past 10 Years
Min: 35.73 Med: 43.79 Max: 58.63
Current: 58.63

During the past 13 years, Taiwan Cement's highest Days Inventory was 58.63. The lowest was 35.73. And the median was 43.79.

TPE:1101's Days Inventory is ranked better than
67.3% of 367 companies
in the Building Materials industry
Industry Median: 83.39 vs TPE:1101: 58.63

Taiwan Cement's Days Inventory declined from Dec. 2022 (52.55) to Dec. 2023 (51.61).

Inventory Turnover measures how fast the company turns over its inventory within a year. Taiwan Cement's Inventory Turnover for the three months ended in Dec. 2023 was 1.77.

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. Taiwan Cement's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.44.

Taiwan Cement Days Inventory Historical Data

The historical data trend for Taiwan Cement'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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Taiwan Cement Days Inventory Chart

Taiwan Cement Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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36.97

42.82

48.48

51.87

56.70

Taiwan Cement Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															52.55	61.01	63.71	60.07	51.61

Competitive Comparison of Taiwan Cement's Days Inventory

For the Building Materials subindustry, Taiwan Cement'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.

Taiwan Cement's Days Inventory Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Taiwan Cement's Days Inventory distribution charts can be found below:

* The bar in red indicates where Taiwan Cement's Days Inventory falls into.

Taiwan Cement Days Inventory Calculation

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

Taiwan Cement'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
=	( (16089.98	+	11494.015)	/	2 )	/	88780.566	*	365
=	13791.9975					/	88780.566	*	365
=	56.70

Taiwan Cement'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (13443.179	+	11494.015)	/	2 )	/	22043.233	*	365 / 4
=	12468.597					/	22043.233	*	365 / 4
=	51.61

Taiwan Cement (TPE:1101) 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.

Taiwan Cement's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	22043.233	/	12468.597
	=	1.77

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.

Taiwan Cement's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	12468.597	/	28347.871
	=	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.

Taiwan Cement Days Inventory Related Terms

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

Taiwan Cement (TPE:1101) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Taiwan Cement Corp (TPE:1101) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

1101B.PFD:Taiwan

Address

No.113, Zhongshan North Road, Section 2, Taipei, TWN, 104

Website

https://www.taiwancement.com

Taiwan Cement Corp operates in three primary segments: cement, Electricity and energy segment and Other segments. The cement segment involves production, processing and sale of cement goods. The Electricity and energy segment is engaged in power generation, energy storage and power business. The other segment includes land and marine transportation, production and sale of refractory materials, and others. The majority of revenue comes from Asia and Taiwan.

Taiwan Cement (TPE:1101) Headlines

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