Shihlin Paper (TPE:1903) Days Inventory : 68.78 (As of Dec. 2024)

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What is Shihlin Paper Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shihlin Paper's Average Total Inventories for the three months ended in Dec. 2024 was NT$12.3 Mil. Shihlin Paper's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$16.4 Mil. Hence, Shihlin Paper's Days Inventory for the three months ended in Dec. 2024 was 68.78.

The historical rank and industry rank for Shihlin Paper's Days Inventory or its related term are showing as below:

TPE:1903' s Days Inventory Range Over the Past 10 Years
Min: 62.63 Med: 235.78 Max: 744.57
Current: 76.78

During the past 13 years, Shihlin Paper's highest Days Inventory was 744.57. The lowest was 62.63. And the median was 235.78.

TPE:1903's Days Inventory is ranked better than
53.14% of 1816 companies
in the Consumer Packaged Goods industry
Industry Median: 81.405 vs TPE:1903: 76.78

Shihlin Paper's Days Inventory declined from Dec. 2023 (72.76) to Dec. 2024 (68.78).

Inventory Turnover measures how fast the company turns over its inventory within a year. Shihlin Paper's Inventory Turnover for the three months ended in Dec. 2024 was 1.33.

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. Shihlin Paper's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.31.

Shihlin Paper Days Inventory Historical Data

The historical data trend for Shihlin Paper'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.

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Shihlin Paper Days Inventory Chart

Shihlin Paper Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

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253.49

113.56

66.43

62.63

78.57

Shihlin Paper Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial															72.76	79.94	80.06	77.12	68.78

Competitive Comparison of Shihlin Paper's Days Inventory

For the Household & Personal Products subindustry, Shihlin Paper'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.

Shihlin Paper's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shihlin Paper's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shihlin Paper's Days Inventory falls into.

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Shihlin Paper Days Inventory Calculation

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

Shihlin Paper'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
=	( (15.858	+	10.954)	/	2 )	/	62.275	*	365
=	13.406					/	62.275	*	365
=	78.57

Shihlin Paper's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (13.696	+	10.954)	/	2 )	/	16.351	*	365 / 4
=	12.325					/	16.351	*	365 / 4
=	68.78

Shihlin Paper (TPE:1903) 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.

Shihlin Paper's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	16.351	/	12.325
	=	1.33

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.

Shihlin Paper's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	12.325	/	39.685
	=	0.31

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.

Shihlin Paper Days Inventory Related Terms

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

Shihlin Paper Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shihlin Paper Corp (TPE:1903) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.31, Fude Road, Shihlin District, Taipei, TWN

Website

https://www.shihlin.com.tw

Shihlin Paper Corp manufactures and sells a variety of paper products. The company purchases pulp and produces paper in its mills. The group's product portfolio includes the sales of paper-processed products, wet wipes, facial masks, skincare products, and toiletries, In addition to its paper business, Shihlin Paper also does leasing of assets.

Shihlin Paper Headlines

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