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International CSRC Investment Holdings Co (TPE:2104) Days Inventory : 69.83 (As of Mar. 2024)


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What is International CSRC Investment Holdings Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). International CSRC Investment Holdings Co's Average Total Inventories for the three months ended in Mar. 2024 was NT$3,159 Mil. International CSRC Investment Holdings Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$4,128 Mil. Hence, International CSRC Investment Holdings Co's Days Inventory for the three months ended in Mar. 2024 was 69.83.

The historical rank and industry rank for International CSRC Investment Holdings Co's Days Inventory or its related term are showing as below:

TPE:2104' s Days Inventory Range Over the Past 10 Years
Min: 51.63   Med: 65.7   Max: 77.12
Current: 67.22

During the past 13 years, International CSRC Investment Holdings Co's highest Days Inventory was 77.12. The lowest was 51.63. And the median was 65.70.

TPE:2104's Days Inventory is ranked better than
62.4% of 1492 companies
in the Chemicals industry
Industry Median: 82.18 vs TPE:2104: 67.22

International CSRC Investment Holdings Co's Days Inventory declined from Mar. 2023 (73.72) to Mar. 2024 (69.83).

Inventory Turnover measures how fast the company turns over its inventory within a year. International CSRC Investment Holdings Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.31.

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. International CSRC Investment Holdings Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.71.


International CSRC Investment Holdings Co Days Inventory Historical Data

The historical data trend for International CSRC Investment Holdings 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.

International CSRC Investment Holdings Co Days Inventory Chart

International CSRC Investment Holdings 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 64.92 69.90 51.63 54.32 66.47

International CSRC Investment Holdings 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 73.72 70.94 59.03 61.13 69.83

Competitive Comparison of International CSRC Investment Holdings Co's Days Inventory

For the Specialty Chemicals subindustry, International CSRC Investment Holdings 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.


International CSRC Investment Holdings Co's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, International CSRC Investment Holdings Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where International CSRC Investment Holdings Co's Days Inventory falls into.



International CSRC Investment Holdings Co Days Inventory Calculation

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

International CSRC Investment Holdings 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
=( (3201.423 + 2775.199) / 2 ) / 16409.459*365
=2988.311 / 16409.459*365
=66.47

International CSRC Investment Holdings 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
=( (2775.199 + 3542.397) / 2 ) / 4127.604*365 / 4
=3158.798 / 4127.604*365 / 4
=69.83

* 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.


International CSRC Investment Holdings Co  (TPE:2104) 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.

International CSRC Investment Holdings 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.

International CSRC Investment Holdings 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.


International CSRC Investment Holdings Co Days Inventory Related Terms

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


International CSRC Investment Holdings Co (TPE:2104) Business Description

Traded in Other Exchanges
N/A
Address
No. 113, Zhongshan North Road, 8th Floor, Section 2, Taipei, TWN, 104
International CSRC Investment Holdings Co Ltd is an investment holding company. The group operates through three business units: The Carbon Black business, the Battery business, and the Biotech business. The carbon black business focuses on converting industrial waste into carbon black, which is used in producing rubber and plastic products. The battery business engages in research, development, and manufacturing of batteries and related products. The biotech segment invests in pharmaceutical research to develop new drugs. The carbon black business is the leading revenue generator for the holding company. CRSC Group has operations in the U.S. and Asia, with the majority of the company's revenue generated in Asia.

International CSRC Investment Holdings Co (TPE:2104) Headlines

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