GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Thinking Electronic Industrial Co Ltd (TPE:2428) » Definitions » Days Inventory

Thinking Electronic Industrial Co (TPE:2428) Days Inventory : 106.60 (As of Dec. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Thinking Electronic Industrial Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Thinking Electronic Industrial Co's Average Total Inventories for the three months ended in Dec. 2024 was NT$1,492 Mil. Thinking Electronic Industrial Co's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$1,277 Mil. Hence, Thinking Electronic Industrial Co's Days Inventory for the three months ended in Dec. 2024 was 106.60.

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

TPE:2428' s Days Inventory Range Over the Past 10 Years
Min: 89.29   Med: 102.65   Max: 137.56
Current: 113.04

During the past 13 years, Thinking Electronic Industrial Co's highest Days Inventory was 137.56. The lowest was 89.29. And the median was 102.65.

TPE:2428's Days Inventory is ranked worse than
58.05% of 2386 companies
in the Hardware industry
Industry Median: 96.08 vs TPE:2428: 113.04

Thinking Electronic Industrial Co's Days Inventory declined from Dec. 2023 (111.00) to Dec. 2024 (106.60).

Inventory Turnover measures how fast the company turns over its inventory within a year. Thinking Electronic Industrial Co's Inventory Turnover for the three months ended in Dec. 2024 was 0.86.

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. Thinking Electronic Industrial Co's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.73.


Thinking Electronic Industrial Co Days Inventory Historical Data

The historical data trend for Thinking Electronic Industrial 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.

Thinking Electronic Industrial Co Days Inventory Chart

Thinking Electronic Industrial Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 118.89 137.56 136.43 122.20 108.22

Thinking Electronic Industrial Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 111.00 127.08 111.97 114.66 106.60

Competitive Comparison of Thinking Electronic Industrial Co's Days Inventory

For the Electronic Components subindustry, Thinking Electronic Industrial 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.


Thinking Electronic Industrial Co's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Thinking Electronic Industrial Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Thinking Electronic Industrial Co's Days Inventory falls into.


;
;

Thinking Electronic Industrial Co Days Inventory Calculation

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

Thinking Electronic Industrial Co's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (1236.708 + 1455.448) / 2 ) / 4539.95*365
=1346.078 / 4539.95*365
=108.22

Thinking Electronic Industrial Co's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (1528.119 + 1455.448) / 2 ) / 1277.022*365 / 4
=1491.7835 / 1277.022*365 / 4
=106.60

* 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.


Thinking Electronic Industrial Co  (TPE:2428) 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.

Thinking Electronic Industrial Co's Inventory Turnover for the three months ended in Dec. 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.

Thinking Electronic Industrial Co's Inventory to Revenue for the three months ended in Dec. 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.


Thinking Electronic Industrial Co Days Inventory Related Terms

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


Thinking Electronic Industrial Co Business Description

Traded in Other Exchanges
N/A
Address
8th Floor, No.93, Dashun 1st Road, Zuoying District, Kaohsiung, TWN, 81357
Thinking Electronic Industrial Co Ltd manufactures, processes, and sells electric devices, thermistors, varistors, and wires. The product portfolio offers a negative temperature coefficient thermistor, zinc oxide varistors, ceramic positive temperature thermistors, polymer positive temperature coefficient thermistors (Polymer PTC resettable fuse), temperature sensors, and gas discharge tubes. The company has five reportable segments which include Thinking Electronic Industrial, Yenyo, Thinking Changzhou, Guangdong, and Dongguan Welkin. It generates the majority of the revenue from Thinking Electronic Industrial segment.

Thinking Electronic Industrial Co Headlines

No Headlines