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Lien Hwa Industrial Holding (TPE:1229) Days Inventory : 52.97 (As of Mar. 2024)


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What is Lien Hwa Industrial Holding Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lien Hwa Industrial Holding's Average Total Inventories for the three months ended in Mar. 2024 was NT$1,451 Mil. Lien Hwa Industrial Holding's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$2,500 Mil. Hence, Lien Hwa Industrial Holding's Days Inventory for the three months ended in Mar. 2024 was 52.97.

The historical rank and industry rank for Lien Hwa Industrial Holding's Days Inventory or its related term are showing as below:

TPE:1229' s Days Inventory Range Over the Past 10 Years
Min: 59.16   Med: 74.63   Max: 85.48
Current: 80.33

During the past 13 years, Lien Hwa Industrial Holding's highest Days Inventory was 85.48. The lowest was 59.16. And the median was 74.63.

TPE:1229's Days Inventory is ranked worse than
52.99% of 451 companies
in the Conglomerates industry
Industry Median: 75.44 vs TPE:1229: 80.33

Lien Hwa Industrial Holding's Days Inventory declined from Dec. 2022 (62.61) to Mar. 2024 (52.97).

Inventory Turnover measures how fast the company turns over its inventory within a year. Lien Hwa Industrial Holding's Inventory Turnover for the three months ended in Mar. 2024 was 1.72.

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. Lien Hwa Industrial Holding's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.48.


Lien Hwa Industrial Holding Days Inventory Historical Data

The historical data trend for Lien Hwa Industrial Holding'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.

Lien Hwa Industrial Holding Days Inventory Chart

Lien Hwa Industrial Holding 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 83.42 59.80 59.16 61.97 65.31

Lien Hwa Industrial Holding Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 62.61 64.81 65.86 66.74 52.97

Competitive Comparison of Lien Hwa Industrial Holding's Days Inventory

For the Conglomerates subindustry, Lien Hwa Industrial Holding'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.


Lien Hwa Industrial Holding's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Lien Hwa Industrial Holding's Days Inventory distribution charts can be found below:

* The bar in red indicates where Lien Hwa Industrial Holding's Days Inventory falls into.



Lien Hwa Industrial Holding Days Inventory Calculation

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

Lien Hwa Industrial Holding'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
=( (1710.362 + 1737.183) / 2 ) / 9634.282*365
=1723.7725 / 9634.282*365
=65.31

Lien Hwa Industrial Holding's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (1665.571 + 1237.267) / 2 ) / 2500.227*365 / 4
=1451.419 / 2500.227*365 / 4
=52.97

* 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.


Lien Hwa Industrial Holding  (TPE:1229) 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.

Lien Hwa Industrial Holding's Inventory Turnover for the three months ended in Mar. 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.

Lien Hwa Industrial Holding's Inventory to Revenue for the three months ended in Mar. 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.


Lien Hwa Industrial Holding Days Inventory Related Terms

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


Lien Hwa Industrial Holding (TPE:1229) Business Description

Traded in Other Exchanges
N/A
Address
No. 44, Section 1, Chengde Road, 6th Floor, Datong District, Taipei, TWN
Lien Hwa Industrial Holding Corp is engaged in flour production and sale, real estate rental, integrated system service, automatic system, and other electronic businesses. The company has five reportable segments. The rental business provides real property rental and development services. The noodle business manufactures and sells all kinds of noodles and processed foods. The noodle business overseas is a noodles manufacturing and sale company. The system integration service business provides the system integration service, automatic system, applied software design, and sale of industrial computers. The administrative resource center is responsible for the management of domestic/foreign investment business.

Lien Hwa Industrial Holding (TPE:1229) Headlines

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