Days Inventory is also known as Days Sales of Inventory (DSI). Ting Sin Co's Average Total Inventories for the
three
months ended in Sep. 2023 was NT$1,743 Mil. Ting Sin Co's Cost of Goods Sold for the
three
months ended in Sep. 2023 was NT$195 Mil.
Hence, Ting Sin Co's Days Inventory for the
three
months ended in Sep. 2023 was 815.78.
The historical rank and industry rank for Ting Sin Co's Days Inventory or its related term are showing as below:
TPE:2358'
s Days Inventory Range Over the Past 10 Years
Min: 26.2 Med: 95.81 Max: 418.3
Current: 418.3
During the past 13 years, Ting Sin Co's highest Days Inventory was 418.30. The lowest was 26.20. And the median was 95.81.
TPE:2358's Days Inventory is not ranked
in the Metals & Mining industry.
Industry Median: 87.68
vs TPE:2358: 418.30
Ting Sin Co's Days Inventory
increased
from Sep. 2022 (607.49) to Sep. 2023 (815.78).
It might indicate that Ting Sin Co'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.
Ting Sin Co's Inventory Turnover for the
three
months ended in Sep. 2023 was 0.11.
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.
Ting Sin Co's Inventory-to-Revenue for the
three
months ended in Sep. 2023 was 12.39.
Ting Sin Co Days Inventory Historical Data
The historical data trend for Ting Sin 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.
Competitive Comparison of Ting Sin Co's Days Inventory
For the Aluminum subindustry, Ting Sin 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.
Ting Sin Co's Days Inventory Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Ting Sin Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Ting Sin Co's Days Inventory falls into.
Ting Sin Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Ting Sin Co's Days Inventory for the fiscal year that ended in Dec. 2022 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.
Ting Sin Co (TPE:2358) 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.
Ting Sin Co's Inventory Turnover for the
three
months ended in Sep. 2023 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.
Ting Sin Co's Inventory to Revenue for the
three
months ended in Sep. 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.
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.
Ting Sin Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Ting Sin Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Ting Sin Co Ltd is engaged as a supplier of aluminum alloy billet. The billets are applied in screws and bolts, plastic casing, furniture, construction materials, and military parts. The product line of the company include aluminum alloy billet, direct sales of raw materials, leather goods, and others. The company earns the majority of its revenue from aluminum alloy billet.
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