Days Inventory is also known as Days Sales of Inventory (DSI). CMC Magnetics's Average Total Inventories for the
three
months ended in Sep. 2024 was NT$3,006 Mil. CMC Magnetics's Cost of Goods Sold for the
three
months ended in Sep. 2024 was NT$1,502 Mil.
Hence, CMC Magnetics's Days Inventory for the
three
months ended in Sep. 2024 was 182.64.
The historical rank and industry rank for CMC Magnetics's Days Inventory or its related term are showing as below:
TPE:2323'
s Days Inventory Range Over the Past 10 Years
Min: 64.5 Med: 109.86 Max: 195.95
Current: 179.81
During the past 13 years, CMC Magnetics's highest Days Inventory was 195.95. The lowest was 64.50. And the median was 109.86.
TPE:2323's Days Inventory is ranked worse than 77.78% of 2394
companies
in the Hardware industry
Industry Median: 99.695
vs TPE:2323: 179.81
CMC Magnetics's Days Inventory
increased
from Sep. 2023 (164.24) to Sep. 2024 (182.64).
It might indicate that CMC Magnetics's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
CMC Magnetics's Inventory Turnover for the
three
months ended in Sep. 2024 was 0.50.
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.
CMC Magnetics's Inventory-to-Revenue for the
three
months ended in Sep. 2024 was 1.58.
CMC Magnetics Days Inventory Historical Data
The historical data trend for CMC Magnetics'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.
Competitive Comparison of CMC Magnetics's Days Inventory
For the Computer Hardware subindustry, CMC Magnetics'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.
CMC Magnetics's Days Inventory Distribution in the Hardware Industry
For the Hardware industry and Technology sector, CMC Magnetics's Days Inventory distribution charts can be found below:
* The bar in red indicates where CMC Magnetics's Days Inventory falls into.
CMC Magnetics Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
CMC Magnetics's Days Inventory for the fiscal year that ended in Dec. 2023 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.
CMC Magnetics (TPE:2323) 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.
CMC Magnetics'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.
CMC Magnetics'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.
CMC Magnetics Days Inventory Related Terms
Thank you for viewing the detailed overview of CMC Magnetics's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
CMC Magnetics Corp is engaged in the manufacturing and sale of consumer electronic products, including optical discs, and the acquisition of film agency rights, and production and distribution of digital discs and Blu-ray discs for sales and rental business. CMC provides optical storage devices like compact discs and digital video discs with additional functionalities that allow a user to record or rewrite data. The company also offers to package for optical storage products, USB storage, alkaline batteries, and flash storage products. Its products include Compact Disc Recordable, Compact Disc Rewritable, Digital Video Disc-Recordable, videotapes, and others. The firm has manufacturing facilities in Taiwan, China, and Hong Kong, and generates revenue from the Americas, Europe, and Asia.
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