GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Lite-On Technology Corp (TPE:2301) » Definitions » Days Inventory

Lite-On Technology (TPE:2301) Days Inventory : 82.51 (As of Sep. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Lite-On Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lite-On Technology's Average Total Inventories for the three months ended in Sep. 2024 was NT$25,791 Mil. Lite-On Technology's Cost of Goods Sold for the three months ended in Sep. 2024 was NT$28,522 Mil. Hence, Lite-On Technology's Days Inventory for the three months ended in Sep. 2024 was 82.51.

The historical rank and industry rank for Lite-On Technology's Days Inventory or its related term are showing as below:

TPE:2301' s Days Inventory Range Over the Past 10 Years
Min: 51.14   Med: 63.72   Max: 88.62
Current: 88.62

During the past 13 years, Lite-On Technology's highest Days Inventory was 88.62. The lowest was 51.14. And the median was 63.72.

TPE:2301's Days Inventory is ranked better than
55.81% of 2394 companies
in the Hardware industry
Industry Median: 99.695 vs TPE:2301: 88.62

Lite-On Technology's Days Inventory increased from Sep. 2023 (73.71) to Sep. 2024 (82.51). It might indicate that Lite-On Technology's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lite-On Technology's Inventory Turnover for the three months ended in Sep. 2024 was 1.11.

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. Lite-On Technology's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.70.


Lite-On Technology Days Inventory Historical Data

The historical data trend for Lite-On Technology'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.

Lite-On Technology Days Inventory Chart

Lite-On Technology 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 66.81 67.96 77.40 78.17 84.50

Lite-On Technology Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 73.71 82.18 101.94 89.39 82.51

Competitive Comparison of Lite-On Technology's Days Inventory

For the Computer Hardware subindustry, Lite-On Technology'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.


Lite-On Technology's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Lite-On Technology's Days Inventory distribution charts can be found below:

* The bar in red indicates where Lite-On Technology's Days Inventory falls into.



Lite-On Technology Days Inventory Calculation

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

Lite-On Technology'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
=( (27747.465 + 25807.532) / 2 ) / 115665.373*365
=26777.4985 / 115665.373*365
=84.50

Lite-On Technology's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (25319.39 + 26263.129) / 2 ) / 28521.654*365 / 4
=25791.2595 / 28521.654*365 / 4
=82.51

* 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.


Lite-On Technology  (TPE:2301) 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.

Lite-On Technology's Inventory Turnover for the three months ended in Sep. 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.

Lite-On Technology's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=25791.2595 / 36773.082
=0.70

* 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.


Lite-On Technology Days Inventory Related Terms

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


Lite-On Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 392 Ruiguang Road, 22th Floor, Neihu, Taipei, TWN, 114
Lite-On Technology Corp is a computer storage device company that manufactures consumer electronics. The main businesses include Research and development design, manufacturing and sales of key modules and system solutions for optoelectronics, cloud computing power management systems, EV chargers, energy management, LED packaging for lighting applications, IoT and networking applications, information technology, and consumer electronics.

Lite-On Technology Headlines

No Headlines