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Chih Lien Industrial Co (TPE:2024) Days Inventory : 158.49 (As of Dec. 2024)


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What is Chih Lien Industrial Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Chih Lien Industrial Co's Average Total Inventories for the three months ended in Dec. 2024 was NT$465 Mil. Chih Lien Industrial Co's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$268 Mil. Hence, Chih Lien Industrial Co's Days Inventory for the three months ended in Dec. 2024 was 158.49.

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

TPE:2024' s Days Inventory Range Over the Past 10 Years
Min: 105.3   Med: 140.32   Max: 253.47
Current: 159.74

During the past 13 years, Chih Lien Industrial Co's highest Days Inventory was 253.47. The lowest was 105.30. And the median was 140.32.

TPE:2024's Days Inventory is ranked worse than
84.62% of 585 companies
in the Steel industry
Industry Median: 87.36 vs TPE:2024: 159.74

Chih Lien Industrial Co's Days Inventory declined from Dec. 2023 (187.75) to Dec. 2024 (158.49).

Inventory Turnover measures how fast the company turns over its inventory within a year. Chih Lien Industrial Co's Inventory Turnover for the three months ended in Dec. 2024 was 0.58.

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. Chih Lien Industrial Co's Inventory-to-Revenue for the three months ended in Dec. 2024 was 1.59.


Chih Lien Industrial Co Days Inventory Historical Data

The historical data trend for Chih Lien Industrial 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.

Chih Lien Industrial Co Days Inventory Chart

Chih Lien Industrial Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 133.33 115.03 223.49 253.47 164.62

Chih Lien Industrial Co 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 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 187.75 173.44 138.04 167.47 158.49

Competitive Comparison of Chih Lien Industrial Co's Days Inventory

For the Steel subindustry, Chih Lien Industrial 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.


Chih Lien Industrial Co's Days Inventory Distribution in the Steel Industry

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

* The bar in red indicates where Chih Lien Industrial Co's Days Inventory falls into.


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Chih Lien Industrial Co Days Inventory Calculation

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

Chih Lien Industrial Co'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
=( (458.052 + 454.738) / 2 ) / 1011.914*365
=456.395 / 1011.914*365
=164.62

Chih Lien Industrial Co'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
=( (476.155 + 454.738) / 2 ) / 267.978*365 / 4
=465.4465 / 267.978*365 / 4
=158.49

* 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.


Chih Lien Industrial Co  (TPE:2024) 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.

Chih Lien Industrial Co's Inventory Turnover for the three months ended in Dec. 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.

Chih Lien Industrial Co's Inventory to Revenue for the three months ended in Dec. 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.


Chih Lien Industrial Co Days Inventory Related Terms

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


Chih Lien Industrial Co Business Description

Traded in Other Exchanges
N/A
Address
No.480,Chung Shing Road.Shin Wu Hsiang, Tao-Yuan Hsien Taiwan,R.O.C., Tao-Yuan, TWN
Chih Lien Industrial Co Ltd operates in the steel industry. The products offered by the company include steel wire and steel rod. The Company operates in a single industry and is mainly engaged in the manufacturing and processing of steel wire and steel bars with similar end-use products.

Chih Lien Industrial Co Headlines

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