Cheng Uei Precision Industry Co (TPE:2392) Days Inventory : 61.88 (As of Sep. 2024)

View and export this data going back to 1999. Start your Free Trial

What is Cheng Uei Precision Industry Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cheng Uei Precision Industry Co's Average Total Inventories for the three months ended in Sep. 2024 was NT$14,196 Mil. Cheng Uei Precision Industry Co's Cost of Goods Sold for the three months ended in Sep. 2024 was NT$20,934 Mil. Hence, Cheng Uei Precision Industry Co's Days Inventory for the three months ended in Sep. 2024 was 61.88.

The historical rank and industry rank for Cheng Uei Precision Industry Co's Days Inventory or its related term are showing as below:

TPE:2392' s Days Inventory Range Over the Past 10 Years
Min: 36.35 Med: 53.28 Max: 74.31
Current: 63.48

During the past 13 years, Cheng Uei Precision Industry Co's highest Days Inventory was 74.31. The lowest was 36.35. And the median was 53.28.

TPE:2392's Days Inventory is ranked better than
71.76% of 2394 companies
in the Hardware industry
Industry Median: 99.695 vs TPE:2392: 63.48

Cheng Uei Precision Industry Co's Days Inventory declined from Sep. 2023 (68.53) to Sep. 2024 (61.88).

Inventory Turnover measures how fast the company turns over its inventory within a year. Cheng Uei Precision Industry Co's Inventory Turnover for the three months ended in Sep. 2024 was 1.47.

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. Cheng Uei Precision Industry Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.57.

Cheng Uei Precision Industry Co Days Inventory Historical Data

The historical data trend for Cheng Uei Precision Industry 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.

Cheng Uei Precision Industry Co Days Inventory Chart

Cheng Uei Precision Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

50.75

56.03

67.96

74.08

74.31

Cheng Uei Precision Industry Co 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															68.53	53.24	73.79	65.66	61.88

Competitive Comparison of Cheng Uei Precision Industry Co's Days Inventory

For the Electronic Components subindustry, Cheng Uei Precision Industry 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.

Cheng Uei Precision Industry Co's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Cheng Uei Precision Industry Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Cheng Uei Precision Industry Co's Days Inventory falls into.

Cheng Uei Precision Industry Co Days Inventory Calculation

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

Cheng Uei Precision Industry 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
=	( (17811.199	+	14297.59)	/	2 )	/	78856.852	*	365
=	16054.3945					/	78856.852	*	365
=	74.31

Cheng Uei Precision Industry Co'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
=	( (13951.212	+	14441.099)	/	2 )	/	20934.288	*	365 / 4
=	14196.1555					/	20934.288	*	365 / 4
=	61.88

Cheng Uei Precision Industry Co (TPE:2392) 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.

Cheng Uei Precision Industry Co's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	20934.288	/	14196.1555
	=	1.47

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.

Cheng Uei Precision Industry Co's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	14196.1555	/	24831.164
	=	0.57

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.

Cheng Uei Precision Industry Co Days Inventory Related Terms

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

Cheng Uei Precision Industry Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Cheng Uei Precision Industry Co Ltd (TPE:2392) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.18, Zhongshan Road, Tucheng District, Taipei, TWN

Website

http://www.foxlink.com

Cheng Uei Precision Industry Co Ltd is a technology company that designs, manufactures, and sells connectors, power management devices, cable assemblies, and battery packs. Its main clients are producers of communications devices, computers, and consumer electronics. Its product portfolio consists of cables, connectors, accessories, battery packs, power modules, wireless and Bluetooth products, camera modules, audio products, wearable devices, and gaming products. The company is based in Taiwan but provides its services world-wide. Its segments: include Systems and peripheral products, which derives key revenue; 3C component; 3C product retail and Energy service management.

Cheng Uei Precision Industry Co Headlines

No Headlines