Days Inventory is also known as Days Sales of Inventory (DSI). Kinik Co's Average Total Inventories for the
three
months ended in Jun. 2024 was NT$2,033 Mil. Kinik Co's Cost of Goods Sold for the
three
months ended in Jun. 2024 was NT$1,184 Mil.
Hence, Kinik Co's Days Inventory for the
three
months ended in Jun. 2024 was 156.61.
The historical rank and industry rank for Kinik Co's Days Inventory or its related term are showing as below:
TPE:1560'
s Days Inventory Range Over the Past 10 Years
Min: 85.46 Med: 117.21 Max: 160.37
Current: 160.37
During the past 13 years, Kinik Co's highest Days Inventory was 160.37. The lowest was 85.46. And the median was 117.21.
TPE:1560's Days Inventory is ranked worse than 66.79% of 2924
companies
in the Industrial Products industry
Industry Median: 120.275
vs TPE:1560: 160.37
Kinik Co's Days Inventory
increased
from Jun. 2023 (151.38) to Jun. 2024 (156.61).
It might indicate that Kinik Co's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Kinik Co's Inventory Turnover for the
three
months ended in Jun. 2024 was 0.58.
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.
Kinik Co's Inventory-to-Revenue for the
three
months ended in Jun. 2024 was 1.17.
Kinik Co Days Inventory Historical Data
The historical data trend for Kinik 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.
Competitive Comparison of Kinik Co's Days Inventory
For the Tools & Accessories subindustry, Kinik 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.
Kinik Co's Days Inventory Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Kinik Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Kinik Co's Days Inventory falls into.
Kinik Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Kinik Co's Days Inventory for the fiscal year that ended in Dec. 2023 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.
Kinik Co (TPE:1560) 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.
Kinik Co's Inventory Turnover for the
three
months ended in Jun. 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.
Kinik Co's Inventory to Revenue for the
three
months ended in Jun. 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.
Kinik Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Kinik Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Kinik is a Taiwan-based company that primarily manufactures and distributes grinding wheels, diamond tools, and reclaimed wafers. The company's products fall into three categories. The traditional product type comprises a wide range of grinding wheels used in machinery components, steelmaking, modules, semiconductor, glass manufacturing, and others. The diamond tool category comprises various blade products, cutters, diamond dressers, and other products, which are used in stone processing and semiconductor dressing applications. The wafer product category primarily consists of wafers resourced from monitor wafters and dummy wafers. Wafer reclamation helps lower costs of factory. Kinik generates the majority of its revenue from the Taiwan domestic market.
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