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Hiyes International Co (TPE:2348) Days Inventory : 1,082.45 (As of Mar. 2024)


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What is Hiyes International Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hiyes International Co's Average Total Inventories for the three months ended in Mar. 2024 was NT$13,539 Mil. Hiyes International Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$1,141 Mil. Hence, Hiyes International Co's Days Inventory for the three months ended in Mar. 2024 was 1,082.45.

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

TPE:2348' s Days Inventory Range Over the Past 10 Years
Min: 261.77   Med: 791.49   Max: 1508.1
Current: 881.83

During the past 13 years, Hiyes International Co's highest Days Inventory was 1508.10. The lowest was 261.77. And the median was 791.49.

TPE:2348's Days Inventory is ranked worse than
57.11% of 1329 companies
in the Real Estate industry
Industry Median: 699.45 vs TPE:2348: 881.83

Hiyes International Co's Days Inventory declined from Mar. 2023 (2,613.97) to Mar. 2024 (1,082.45).

Inventory Turnover measures how fast the company turns over its inventory within a year. Hiyes International Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.08.

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. Hiyes International Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 5.94.


Hiyes International Co Days Inventory Historical Data

The historical data trend for Hiyes International 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.

Hiyes International Co Days Inventory Chart

Hiyes International 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 775.90 807.08 867.79 1,508.10 945.97

Hiyes International 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 2,613.97 1,715.40 1,486.21 429.04 1,082.45

Competitive Comparison of Hiyes International Co's Days Inventory

For the Real Estate Services subindustry, Hiyes International 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.


Hiyes International Co's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hiyes International Co's Days Inventory distribution charts can be found below:

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



Hiyes International Co Days Inventory Calculation

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

Hiyes International 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
=( (12810.897 + 13478.268) / 2 ) / 5071.813*365
=13144.5825 / 5071.813*365
=945.97

Hiyes International 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
=( (13478.268 + 13599.594) / 2 ) / 1141.325*365 / 4
=13538.931 / 1141.325*365 / 4
=1,082.45

* 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.


Hiyes International Co  (TPE:2348) 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.

Hiyes International 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.

Hiyes International 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.


Hiyes International Co Days Inventory Related Terms

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


Hiyes International Co (TPE:2348) Business Description

Traded in Other Exchanges
N/A
Address
No. 260, Dunhua North Road, 7th Floor, Songshan District, Taipei, TWN
Hiyes International Co Ltd operates in the real estate industry. The Company has two reporting segments: the agency sales segment of real estate, and the construction segment, in which the former engages in the brokerage of real estate sales, and the construction segment engages in the operation and construction of residential houses, sales of real estate, and other related businesses. The company is also engaged in research and development, manufacture, and sale of optical readers and related components, multimedia products, personal computers and peripherals, telecommunication products, and digital cameras, as well as import and export trading of items relevant to the Company's business.

Hiyes International Co (TPE:2348) Headlines

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