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Fortune Electric Co (TPE:1519) Days Inventory : 258.87 (As of Mar. 2025)


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What is Fortune Electric Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Fortune Electric Co's Average Total Inventories for the three months ended in Mar. 2025 was NT$8,046 Mil. Fortune Electric Co's Cost of Goods Sold for the three months ended in Mar. 2025 was NT$2,836 Mil. Hence, Fortune Electric Co's Days Inventory for the three months ended in Mar. 2025 was 258.87.

The historical rank and industry rank for Fortune Electric Co's Days Inventory or its related term are showing as below:

TPE:1519' s Days Inventory Range Over the Past 10 Years
Min: 118.9   Med: 136.44   Max: 205.39
Current: 201.45

During the past 13 years, Fortune Electric Co's highest Days Inventory was 205.39. The lowest was 118.90. And the median was 136.44.

TPE:1519's Days Inventory is ranked worse than
74.43% of 2921 companies
in the Industrial Products industry
Industry Median: 124.96 vs TPE:1519: 201.45

Fortune Electric Co's Days Inventory declined from Mar. 2024 (272.48) to Mar. 2025 (258.87).

Inventory Turnover measures how fast the company turns over its inventory within a year. Fortune Electric Co's Inventory Turnover for the three months ended in Mar. 2025 was 0.35.

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. Fortune Electric Co's Inventory-to-Revenue for the three months ended in Mar. 2025 was 1.82.


Fortune Electric Co Days Inventory Historical Data

The historical data trend for Fortune Electric Co'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.

Fortune Electric Co Days Inventory Chart

Fortune Electric Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 121.24 118.90 205.39 184.03 185.64

Fortune Electric Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 272.48 210.56 208.84 155.45 258.87

Competitive Comparison of Fortune Electric Co's Days Inventory

For the Electrical Equipment & Parts subindustry, Fortune Electric Co'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.


Fortune Electric Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fortune Electric Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Fortune Electric Co's Days Inventory falls into.


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Fortune Electric Co Days Inventory Calculation

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

Fortune Electric Co's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (5441.259 + 7597.647) / 2 ) / 12818.086*365
=6519.453 / 12818.086*365
=185.64

Fortune Electric Co's Days Inventory for the quarter that ended in Mar. 2025 is calculated as:

Days Inventory (Q: Mar. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (7597.647 + 8495.084) / 2 ) / 2836.288*365 / 4
=8046.3655 / 2836.288*365 / 4
=258.87

* 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.


Fortune Electric Co  (TPE:1519) 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.

Fortune Electric Co's Inventory Turnover for the three months ended in Mar. 2025 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.

Fortune Electric Co's Inventory to Revenue for the three months ended in Mar. 2025 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.


Fortune Electric Co Days Inventory Related Terms

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


Fortune Electric Co Business Description

Traded in Other Exchanges
N/A
Address
No. 10, Jilin Road, Zhongli District, Taoyuan, TWN, 32063
Fortune Electric Co Ltd principally manufactures, processes, and trades transformers, distribution panels, low voltage switches, and substation equipment. The group's reporting segments are the Electrical department and the Turnkey department (Construction department). The majority of its revenue is generated from the Electrical department, which manufactures, processes, and trades transformers, distributors, low-pressure switches, and substation equipment. The Turnkey department mainly engages in engineering contracts.

Fortune Electric Co Headlines

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