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Taiwan Styrene Monomer (TPE:1310) Days Inventory : 15.61 (As of Sep. 2024)


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What is Taiwan Styrene Monomer Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Taiwan Styrene Monomer's Average Total Inventories for the three months ended in Sep. 2024 was NT$545 Mil. Taiwan Styrene Monomer's Cost of Goods Sold for the three months ended in Sep. 2024 was NT$3,187 Mil. Hence, Taiwan Styrene Monomer's Days Inventory for the three months ended in Sep. 2024 was 15.61.

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

TPE:1310' s Days Inventory Range Over the Past 10 Years
Min: 17.23   Med: 19.57   Max: 23.85
Current: 17.97

During the past 13 years, Taiwan Styrene Monomer's highest Days Inventory was 23.85. The lowest was 17.23. And the median was 19.57.

TPE:1310's Days Inventory is ranked better than
96.45% of 1493 companies
in the Chemicals industry
Industry Median: 79.65 vs TPE:1310: 17.97

Taiwan Styrene Monomer's Days Inventory declined from Sep. 2023 (25.11) to Sep. 2024 (15.61).

Inventory Turnover measures how fast the company turns over its inventory within a year. Taiwan Styrene Monomer's Inventory Turnover for the three months ended in Sep. 2024 was 5.85.

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 Styrene Monomer's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.18.


Taiwan Styrene Monomer Days Inventory Historical Data

The historical data trend for Taiwan Styrene Monomer'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.

Taiwan Styrene Monomer Days Inventory Chart

Taiwan Styrene Monomer Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.27 20.22 19.82 19.32 23.85

Taiwan Styrene Monomer Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 25.11 22.37 23.50 14.61 15.61

Competitive Comparison of Taiwan Styrene Monomer's Days Inventory

For the Chemicals subindustry, Taiwan Styrene Monomer'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 Styrene Monomer's Days Inventory Distribution in the Chemicals Industry

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

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



Taiwan Styrene Monomer Days Inventory Calculation

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

Taiwan Styrene Monomer'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
=( (568.79 + 731.69) / 2 ) / 9952.545*365
=650.24 / 9952.545*365
=23.85

Taiwan Styrene Monomer's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (681.826 + 408.237) / 2 ) / 3186.862*365 / 4
=545.0315 / 3186.862*365 / 4
=15.61

* 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.


Taiwan Styrene Monomer  (TPE:1310) 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 Styrene Monomer's Inventory Turnover for the three months ended in Sep. 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.

Taiwan Styrene Monomer's Inventory to Revenue for the three months ended in Sep. 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.


Taiwan Styrene Monomer Days Inventory Related Terms

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


Taiwan Styrene Monomer Business Description

Traded in Other Exchanges
N/A
Address
Number 6 Roosevelt Road, Sec. 1, 8th-1 Floor, Taipei, TWN
Taiwan Styrene Monomer Corp is engaged in the manufacturing and distribution of styrene monomer and related products. The company also offers toluene that is used as an organic solvent and para-diethyl benzene, which is used as the solvent of polystyrene. The company's main customers for polystyrene are ABS resin and synthetic rubber manufacturers. Its products are generally used in electrical appliances, machinery, electronics, automotive, packaging and other industries. The company's product includes Styrene monomer, Para-diethyl benzene, Toluene, Ethyl benzene.

Taiwan Styrene Monomer Headlines

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