GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Taiwan Fertilizer Co Ltd (TPE:1722) » Definitions » Days Inventory

Taiwan Fertilizer Co (TPE:1722) Days Inventory : 73.37 (As of Mar. 2024)


View and export this data going back to 1998. Start your Free Trial

What is Taiwan Fertilizer Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Taiwan Fertilizer Co's Average Total Inventories for the three months ended in Mar. 2024 was NT$2,355 Mil. Taiwan Fertilizer Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$2,929 Mil. Hence, Taiwan Fertilizer Co's Days Inventory for the three months ended in Mar. 2024 was 73.37.

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

TPE:1722' s Days Inventory Range Over the Past 10 Years
Min: 70.9   Med: 87.63   Max: 126.81
Current: 86.06

During the past 13 years, Taiwan Fertilizer Co's highest Days Inventory was 126.81. The lowest was 70.90. And the median was 87.63.

TPE:1722's Days Inventory is ranked better than
62.01% of 229 companies
in the Agriculture industry
Industry Median: 111.24 vs TPE:1722: 86.06

Taiwan Fertilizer Co's Days Inventory declined from Mar. 2023 (93.31) to Mar. 2024 (73.37).

Inventory Turnover measures how fast the company turns over its inventory within a year. Taiwan Fertilizer Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.24.

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. Taiwan Fertilizer Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.71.


Taiwan Fertilizer Co Days Inventory Historical Data

The historical data trend for Taiwan Fertilizer 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.

Taiwan Fertilizer Co Days Inventory Chart

Taiwan Fertilizer 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 97.38 126.81 87.66 78.16 96.59

Taiwan Fertilizer Co 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 93.31 84.31 86.76 95.88 73.37

Competitive Comparison of Taiwan Fertilizer Co's Days Inventory

For the Agricultural Inputs subindustry, Taiwan Fertilizer 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.


Taiwan Fertilizer Co's Days Inventory Distribution in the Agriculture Industry

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

* The bar in red indicates where Taiwan Fertilizer Co's Days Inventory falls into.



Taiwan Fertilizer Co Days Inventory Calculation

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

Taiwan Fertilizer 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
=( (3182.415 + 2584.714) / 2 ) / 10896.618*365
=2883.5645 / 10896.618*365
=96.59

Taiwan Fertilizer Co'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
=( (2584.714 + 2125.29) / 2 ) / 2928.882*365 / 4
=2355.002 / 2928.882*365 / 4
=73.37

* 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.


Taiwan Fertilizer Co  (TPE:1722) 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.

Taiwan Fertilizer Co'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.

Taiwan Fertilizer Co'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.


Taiwan Fertilizer Co Days Inventory Related Terms

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


Taiwan Fertilizer Co (TPE:1722) Business Description

Traded in Other Exchanges
N/A
Address
No. 88, Nanjing East Road, 6th Floor, Section 2, Taipei, TWN, 10457
Taiwan Fertilizer Co Ltd involves in the manufacture and sale of fertilizers as well as real estate construction and leasing. The company reports three operating segments: Fertilizer and Chemical, Construction, and Others. The Fertilizer and Chemical segment generates the vast majority of revenue through the manufacture and sale of inorganic and organic fertilizers and other chemical products. The Construction segment includes the construction and leasing of real estate. The Other segment consists of multiple subsidiaries across the investment, retail, biotechnology services, and grocery industries.

Taiwan Fertilizer Co (TPE:1722) Headlines

No Headlines