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Tah hsin Industrial (TPE:1315) Days Inventory : 142.99 (As of Mar. 2024)


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What is Tah hsin Industrial Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tah hsin Industrial's Average Total Inventories for the three months ended in Mar. 2024 was NT$638 Mil. Tah hsin Industrial's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$407 Mil. Hence, Tah hsin Industrial's Days Inventory for the three months ended in Mar. 2024 was 142.99.

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

TPE:1315' s Days Inventory Range Over the Past 10 Years
Min: 103   Med: 114.35   Max: 140
Current: 140

During the past 13 years, Tah hsin Industrial's highest Days Inventory was 140.00. The lowest was 103.00. And the median was 114.35.

TPE:1315's Days Inventory is ranked worse than
53.95% of 1012 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.41 vs TPE:1315: 140.00

Tah hsin Industrial's Days Inventory declined from Mar. 2023 (156.65) to Mar. 2024 (142.99).

Inventory Turnover measures how fast the company turns over its inventory within a year. Tah hsin Industrial's Inventory Turnover for the three months ended in Mar. 2024 was 0.64.

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. Tah hsin Industrial's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.40.


Tah hsin Industrial Days Inventory Historical Data

The historical data trend for Tah hsin Industrial'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.

Tah hsin Industrial Days Inventory Chart

Tah hsin Industrial 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 113.76 121.82 123.64 126.99 139.62

Tah hsin Industrial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 156.65 129.40 135.71 145.82 142.99

Competitive Comparison of Tah hsin Industrial's Days Inventory

For the Apparel Manufacturing subindustry, Tah hsin Industrial'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.


Tah hsin Industrial's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Tah hsin Industrial's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tah hsin Industrial's Days Inventory falls into.



Tah hsin Industrial Days Inventory Calculation

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

Tah hsin Industrial'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
=( (749.392 + 631.501) / 2 ) / 1804.934*365
=690.4465 / 1804.934*365
=139.62

Tah hsin Industrial'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: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (631.501 + 645.447) / 2 ) / 407.436*365 / 4
=638.474 / 407.436*365 / 4
=142.99

* 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.


Tah hsin Industrial  (TPE:1315) 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.

Tah hsin Industrial'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.

Tah hsin Industrial'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.


Tah hsin Industrial Days Inventory Related Terms

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


Tah hsin Industrial (TPE:1315) Business Description

Traded in Other Exchanges
N/A
Address
No. 51, 35th Road, Taichung Industrial Park, Xitun District, Taichung, TWN
Tah hsin Industrial Corp is engaged in the manufacturing and trading of a variety of plastic raincoats, nylon raincoats, overalls, wardrobes, nylon jackets, PP corrugated boards, TC ready-to-wear garments, leather goods, handbags, file folders, plastic film, carrier bags, laminating machines, and others. Its operating segment includes Tahsin in Taiwan, Tahsin Shoji Co., Ltd, United States T.H. USA; Fujian Putian DAFU Plastic Industry Co., Ltd; Tah Viet Co., Ltd; Myanmar Tahsin; Tah Fa Investment Co., Ltd, and others. The company generates maximum revenue from the Tahsin Taiwan segment.

Tah hsin Industrial (TPE:1315) Headlines

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