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Microelectronics Technology (TPE:2314) Days Inventory : 307.99 (As of Sep. 2024)


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What is Microelectronics Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Microelectronics Technology's Average Total Inventories for the three months ended in Sep. 2024 was NT$1,476 Mil. Microelectronics Technology's Cost of Goods Sold for the three months ended in Sep. 2024 was NT$437 Mil. Hence, Microelectronics Technology's Days Inventory for the three months ended in Sep. 2024 was 307.99.

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

TPE:2314' s Days Inventory Range Over the Past 10 Years
Min: 65.99   Med: 95.46   Max: 342.49
Current: 342.49

During the past 13 years, Microelectronics Technology's highest Days Inventory was 342.49. The lowest was 65.99. And the median was 95.46.

TPE:2314's Days Inventory is ranked worse than
93.65% of 2394 companies
in the Hardware industry
Industry Median: 99.695 vs TPE:2314: 342.49

Microelectronics Technology's Days Inventory increased from Sep. 2023 (284.32) to Sep. 2024 (307.99). It might indicate that Microelectronics Technology's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Microelectronics Technology's Inventory Turnover for the three months ended in Sep. 2024 was 0.30.

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. Microelectronics Technology's Inventory-to-Revenue for the three months ended in Sep. 2024 was 4.18.


Microelectronics Technology Days Inventory Historical Data

The historical data trend for Microelectronics 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.

Microelectronics Technology Days Inventory Chart

Microelectronics 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 82.17 106.05 169.13 212.91 256.42

Microelectronics 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 284.32 394.54 390.39 287.32 307.99

Competitive Comparison of Microelectronics Technology's Days Inventory

For the Communication Equipment subindustry, Microelectronics 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.


Microelectronics Technology's Days Inventory Distribution in the Hardware Industry

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

* The bar in red indicates where Microelectronics Technology's Days Inventory falls into.



Microelectronics Technology Days Inventory Calculation

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

Microelectronics 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
=( (2338.65 + 1764.515) / 2 ) / 2920.279*365
=2051.5825 / 2920.279*365
=256.42

Microelectronics 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
=( (1478.898 + 1472.52) / 2 ) / 437.219*365 / 4
=1475.709 / 437.219*365 / 4
=307.99

* 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.


Microelectronics Technology  (TPE:2314) 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.

Microelectronics 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.

Microelectronics Technology's Inventory to Revenue for the three months ended in Sep. 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.


Microelectronics Technology Days Inventory Related Terms

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


Microelectronics Technology Business Description

Traded in Other Exchanges
N/A
Address
No 1, Innovation Road II, Hsinchu Science Park, Hsinchu, TWN, 300
Microelectronics Technology Inc is engaged in the design, manufacture and sales of terrestrial microwave, satellite communication system products, and related customized products. The company's products include Low Noise Block Downconverter, Very Small Aperture Terminal, mobile products, microwave radio, and RFID among others. It operates in the United States, Mainland China, and other regions.

Microelectronics Technology Headlines

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