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Feng Hsin Steel Co (TPE:2015) Days Inventory : 92.32 (As of Jun. 2024)


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What is Feng Hsin Steel Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Feng Hsin Steel Co's Average Total Inventories for the three months ended in Jun. 2024 was NT$8,056 Mil. Feng Hsin Steel Co's Cost of Goods Sold for the three months ended in Jun. 2024 was NT$7,962 Mil. Hence, Feng Hsin Steel Co's Days Inventory for the three months ended in Jun. 2024 was 92.32.

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

TPE:2015' s Days Inventory Range Over the Past 10 Years
Min: 56.18   Med: 63.62   Max: 89.63
Current: 89.63

During the past 13 years, Feng Hsin Steel Co's highest Days Inventory was 89.63. The lowest was 56.18. And the median was 63.62.

TPE:2015's Days Inventory is ranked worse than
51.44% of 589 companies
in the Steel industry
Industry Median: 87.88 vs TPE:2015: 89.63

Feng Hsin Steel Co's Days Inventory increased from Jun. 2023 (74.42) to Jun. 2024 (92.32). It might indicate that Feng Hsin Steel Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Feng Hsin Steel Co's Inventory Turnover for the three months ended in Jun. 2024 was 0.99.

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. Feng Hsin Steel Co's Inventory-to-Revenue for the three months ended in Jun. 2024 was 0.89.


Feng Hsin Steel Co Days Inventory Historical Data

The historical data trend for Feng Hsin Steel 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.

Feng Hsin Steel Co Days Inventory Chart

Feng Hsin Steel 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 80.92 59.22 59.65 72.20 81.65

Feng Hsin Steel Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 74.42 88.03 84.91 95.63 92.32

Competitive Comparison of Feng Hsin Steel Co's Days Inventory

For the Steel subindustry, Feng Hsin Steel 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.


Feng Hsin Steel Co's Days Inventory Distribution in the Steel Industry

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

* The bar in red indicates where Feng Hsin Steel Co's Days Inventory falls into.



Feng Hsin Steel Co Days Inventory Calculation

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

Feng Hsin Steel 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
=( (6228.479 + 7786.837) / 2 ) / 31326.299*365
=7007.658 / 31326.299*365
=81.65

Feng Hsin Steel Co's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (8077.389 + 8033.965) / 2 ) / 7962.463*365 / 4
=8055.677 / 7962.463*365 / 4
=92.32

* 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.


Feng Hsin Steel Co  (TPE:2015) 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.

Feng Hsin Steel 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.

Feng Hsin Steel 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.


Feng Hsin Steel Co Days Inventory Related Terms

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


Feng Hsin Steel Co Business Description

Traded in Other Exchanges
N/A
Address
No. 998, Jiahou Road, Section 1, Houli district, Taichung, TWN, 421
FENG HSIN STEEL CO LTD is a company that is primarily engaged in the manufacturing and processing of angle irons, steel channels, flat structural frames, and shafts. These products are used in a wide range of applications, including bridge-building, structural uses for power transmission towers, assembling frames for machinery, shipbuilding, oil storage containers, mechanical constructions, woodworking machinery, lock components, machine parts, hand tools, piping components, auto-transmission parts, civil construction, and tunnel construction. The company generates most of its revenue from the Taiwan market.

Feng Hsin Steel Co Headlines

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