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Reward Wool Industry (TPE:1423) Days Inventory : 373.85 (As of Mar. 2024)


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What is Reward Wool Industry Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Reward Wool Industry's Average Total Inventories for the three months ended in Mar. 2024 was NT$200.5 Mil. Reward Wool Industry's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$48.9 Mil. Hence, Reward Wool Industry's Days Inventory for the three months ended in Mar. 2024 was 373.85.

The historical rank and industry rank for Reward Wool Industry's Days Inventory or its related term are showing as below:

TPE:1423' s Days Inventory Range Over the Past 10 Years
Min: 294.31   Med: 426.84   Max: 748.37
Current: 483.58

During the past 13 years, Reward Wool Industry's highest Days Inventory was 748.37. The lowest was 294.31. And the median was 426.84.

TPE:1423's Days Inventory is ranked worse than
95.36% of 1012 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.41 vs TPE:1423: 483.58

Reward Wool Industry's Days Inventory declined from Mar. 2023 (556.17) to Mar. 2024 (373.85).

Inventory Turnover measures how fast the company turns over its inventory within a year. Reward Wool Industry's Inventory Turnover for the three months ended in Mar. 2024 was 0.24.

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. Reward Wool Industry's Inventory-to-Revenue for the three months ended in Mar. 2024 was 4.99.


Reward Wool Industry Days Inventory Historical Data

The historical data trend for Reward Wool Industry'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.

Reward Wool Industry Days Inventory Chart

Reward Wool Industry 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 431.78 595.86 748.37 674.99 552.03

Reward Wool Industry 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 556.17 418.42 693.96 563.86 373.85

Competitive Comparison of Reward Wool Industry's Days Inventory

For the Textile Manufacturing subindustry, Reward Wool Industry'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.


Reward Wool Industry's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Reward Wool Industry's Days Inventory falls into.



Reward Wool Industry Days Inventory Calculation

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

Reward Wool Industry'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
=( (277.283 + 216.149) / 2 ) / 163.128*365
=246.716 / 163.128*365
=552.03

Reward Wool Industry'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
=( (216.149 + 184.902) / 2 ) / 48.945*365 / 4
=200.5255 / 48.945*365 / 4
=373.85

* 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.


Reward Wool Industry  (TPE:1423) 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.

Reward Wool Industry'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.

Reward Wool Industry'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.


Reward Wool Industry Days Inventory Related Terms

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


Reward Wool Industry (TPE:1423) Business Description

Traded in Other Exchanges
N/A
Address
12th Floor, Kuang Fu Building, Chung Hsiao East Road, 310, Sec. 4, Taipei, TWN
Reward Wool Industry Corp operates in the textile manufacturing industry. The company is engaged in offering woolen products.

Reward Wool Industry (TPE:1423) Headlines

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