GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Cayman Engley Industrial Co Ltd (TPE:2239) » Definitions » Days Inventory

Cayman Engley Industrial Co (TPE:2239) Days Inventory : 98.93 (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Cayman Engley Industrial Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cayman Engley Industrial Co's Average Total Inventories for the three months ended in Mar. 2024 was NT$4,966 Mil. Cayman Engley Industrial Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$4,580 Mil. Hence, Cayman Engley Industrial Co's Days Inventory for the three months ended in Mar. 2024 was 98.93.

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

TPE:2239' s Days Inventory Range Over the Past 10 Years
Min: 84.2   Med: 95.74   Max: 100.16
Current: 91.44

During the past 11 years, Cayman Engley Industrial Co's highest Days Inventory was 100.16. The lowest was 84.20. And the median was 95.74.

TPE:2239's Days Inventory is ranked worse than
57.34% of 1261 companies
in the Vehicles & Parts industry
Industry Median: 81.84 vs TPE:2239: 91.44

Cayman Engley Industrial Co's Days Inventory declined from Mar. 2023 (115.79) to Mar. 2024 (98.93).

Inventory Turnover measures how fast the company turns over its inventory within a year. Cayman Engley Industrial Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.92.

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. Cayman Engley Industrial Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.94.


Cayman Engley Industrial Co Days Inventory Historical Data

The historical data trend for Cayman Engley 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.

Cayman Engley Industrial Co Days Inventory Chart

Cayman Engley Industrial 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 100.16 87.55 96.35 99.09 95.74

Cayman Engley Industrial 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 115.79 92.47 91.36 83.72 98.93

Competitive Comparison of Cayman Engley Industrial Co's Days Inventory

For the Auto Parts subindustry, Cayman Engley 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.


Cayman Engley Industrial Co's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Cayman Engley Industrial Co's Days Inventory distribution charts can be found below:

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



Cayman Engley Industrial Co Days Inventory Calculation

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

Cayman Engley Industrial 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
=( (6015.325 + 5070.668) / 2 ) / 21132.784*365
=5542.9965 / 21132.784*365
=95.74

Cayman Engley Industrial 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
=( (5070.668 + 4860.646) / 2 ) / 4580.134*365 / 4
=4965.657 / 4580.134*365 / 4
=98.93

* 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.


Cayman Engley Industrial Co  (TPE:2239) 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.

Cayman Engley Industrial 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.

Cayman Engley Industrial 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.


Cayman Engley Industrial Co Days Inventory Related Terms

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


Cayman Engley Industrial Co (TPE:2239) Business Description

Traded in Other Exchanges
N/A
Address
Zhuoyue Street, High-tech Zone, No. 2379, Changchun City, TWN, 130000
Cayman Engley Industrial Co Ltd operates in the automobile part industry. The Company operates the manufacture and sale of automobile parts and related products of molds. Its main products are long and short glass-fiber reinforcement plastic parts, metal stamping parts, rolling parts, and cockpit carrier welding parts. The firm derived revenue by producing and selling auto parts, stamping products, hot pressing molding products, and so on. It earns maximum revenues from China.

Cayman Engley Industrial Co (TPE:2239) Headlines

No Headlines