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Eternal Materials Co (TPE:1717) Days Inventory : 89.94 (As of Sep. 2024)


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What is Eternal Materials Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Eternal Materials Co's Average Total Inventories for the three months ended in Sep. 2024 was NT$8,957 Mil. Eternal Materials Co's Cost of Goods Sold for the three months ended in Sep. 2024 was NT$9,088 Mil. Hence, Eternal Materials Co's Days Inventory for the three months ended in Sep. 2024 was 89.94.

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

TPE:1717' s Days Inventory Range Over the Past 10 Years
Min: 76.16   Med: 82.44   Max: 96.8
Current: 91.36

During the past 13 years, Eternal Materials Co's highest Days Inventory was 96.80. The lowest was 76.16. And the median was 82.44.

TPE:1717's Days Inventory is ranked worse than
57.74% of 1493 companies
in the Chemicals industry
Industry Median: 79.65 vs TPE:1717: 91.36

Eternal Materials Co's Days Inventory increased from Sep. 2023 (89.49) to Sep. 2024 (89.94). It might indicate that Eternal Materials Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Eternal Materials Co's Inventory Turnover for the three months ended in Sep. 2024 was 1.01.

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. Eternal Materials Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.79.


Eternal Materials Co Days Inventory Historical Data

The historical data trend for Eternal Materials 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.

Eternal Materials Co Days Inventory Chart

Eternal Materials Co 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 84.77 90.83 83.37 95.80 96.80

Eternal Materials Co 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 89.49 89.59 100.49 86.18 89.94

Competitive Comparison of Eternal Materials Co's Days Inventory

For the Specialty Chemicals subindustry, Eternal Materials 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.


Eternal Materials Co's Days Inventory Distribution in the Chemicals Industry

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

* The bar in red indicates where Eternal Materials Co's Days Inventory falls into.



Eternal Materials Co Days Inventory Calculation

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

Eternal Materials Co'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
=( (9716.165 + 8478.672) / 2 ) / 34304.31*365
=9097.4185 / 34304.31*365
=96.80

Eternal Materials Co'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
=( (8874.968 + 9038.489) / 2 ) / 9087.631*365 / 4
=8956.7285 / 9087.631*365 / 4
=89.94

* 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.


Eternal Materials Co  (TPE:1717) 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.

Eternal Materials Co'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.

Eternal Materials Co's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=8956.7285 / 11333.522
=0.79

* 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.


Eternal Materials Co Days Inventory Related Terms

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


Eternal Materials Co Business Description

Traded in Other Exchanges
N/A
Address
No. 578, Jiangong Road, Sanmin District, Kaohsiung, TWN, 807
Eternal Materials Co Ltd manufactures and sells a variety of chemicals and chemical-based products in three categories. The synthetic resin category sells adhesive, fluorocarbon, polyester, polyurethane, and vinyl resins used in tapes, labels, stickers, household goods, paints, and solar panels. The specialty materials category sells silicone products used for ceramics, paints, and coatings as well as LED packaging materials used in televisions, iPads, laptops, and other electronics. The electronics materials category sells products used in printed circuit boards and flat panel displays. Eternal Materials sells its products in Asia and the United States.

Eternal Materials Co Headlines

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