GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » China Man-Made Fiber Corp (TPE:1718) » Definitions » Days Inventory

China Man-Made Fiber (TPE:1718) Days Inventory : 38.85 (As of Sep. 2024)


View and export this data going back to 1963. Start your Free Trial

What is China Man-Made Fiber Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Man-Made Fiber's Average Total Inventories for the three months ended in Sep. 2024 was NT$1,251 Mil. China Man-Made Fiber's Cost of Goods Sold for the three months ended in Sep. 2024 was NT$2,939 Mil. Hence, China Man-Made Fiber's Days Inventory for the three months ended in Sep. 2024 was 38.85.

The historical rank and industry rank for China Man-Made Fiber's Days Inventory or its related term are showing as below:

TPE:1718' s Days Inventory Range Over the Past 10 Years
Min: 23.86   Med: 31.16   Max: 50.01
Current: 41.14

During the past 13 years, China Man-Made Fiber's highest Days Inventory was 50.01. The lowest was 23.86. And the median was 31.16.

TPE:1718's Days Inventory is ranked better than
62.5% of 8 companies
in the Banks industry
Industry Median: 119.17 vs TPE:1718: 41.14

China Man-Made Fiber's Days Inventory increased from Sep. 2023 (37.64) to Sep. 2024 (38.85). It might indicate that China Man-Made Fiber's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Man-Made Fiber's Inventory Turnover for the three months ended in Sep. 2024 was 2.35.

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. China Man-Made Fiber's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.12.


China Man-Made Fiber Days Inventory Historical Data

The historical data trend for China Man-Made Fiber'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.

China Man-Made Fiber Days Inventory Chart

China Man-Made Fiber 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 31.21 38.46 33.87 43.95 50.01

China Man-Made Fiber 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 37.64 46.58 46.91 33.55 38.85

Competitive Comparison of China Man-Made Fiber's Days Inventory

For the Banks - Regional subindustry, China Man-Made Fiber'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.


China Man-Made Fiber's Days Inventory Distribution in the Banks Industry

For the Banks industry and Financial Services sector, China Man-Made Fiber's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Man-Made Fiber's Days Inventory falls into.



China Man-Made Fiber Days Inventory Calculation

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

China Man-Made Fiber'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
=( (1824.464 + 1449.599) / 2 ) / 11948.602*365
=1637.0315 / 11948.602*365
=50.01

China Man-Made Fiber'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
=( (1273.989 + 1228.843) / 2 ) / 2938.973*365 / 4
=1251.416 / 2938.973*365 / 4
=38.85

* 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.


China Man-Made Fiber  (TPE:1718) 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.

China Man-Made Fiber'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.

China Man-Made Fiber's Inventory to Revenue for the three months ended in Sep. 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.


China Man-Made Fiber Days Inventory Related Terms

Thank you for viewing the detailed overview of China Man-Made Fiber's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


China Man-Made Fiber Business Description

Traded in Other Exchanges
N/A
Address
Xinsheng S. Road, 10-11th Floor, No. 50, Sector 1, World Trade Building, Taipei City, TWN, 100
China Man-Made Fiber Corp makes and sells chemicals and fiber products, including polyester yarn and filament, and rayon yarn and fiber, which are used to make apparel, footwear and industrial cloth. The company's segments include Chemical Industry Department, Chemical Fiber Department, Bank departments, and other departments. The majority of its revenue generated from banking departments.

China Man-Made Fiber Headlines

No Headlines