Days Inventory is also known as Days Sales of Inventory (DSI). Wan Hai Lines's Average Total Inventories for the
three
months ended in Sep. 2024 was NT$4,515 Mil. Wan Hai Lines's Cost of Goods Sold for the
three
months ended in Sep. 2024 was NT$27,886 Mil.
Hence, Wan Hai Lines's Days Inventory for the
three
months ended in Sep. 2024 was 14.77.
The historical rank and industry rank for Wan Hai Lines's Days Inventory or its related term are showing as below:
TPE:2615'
s Days Inventory Range Over the Past 10 Years
Min: 5.58 Med: 9.01 Max: 16.35
Current: 15.78
During the past 13 years, Wan Hai Lines's highest Days Inventory was 16.35. The lowest was 5.58. And the median was 9.01.
TPE:2615's Days Inventory is ranked worse than 60.29% of 768
companies
in the Transportation industry
Industry Median: 11.98
vs TPE:2615: 15.78
Wan Hai Lines's Days Inventory
declined
from Sep. 2023 (16.40) to Sep. 2024 (14.77).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Wan Hai Lines's Inventory Turnover for the
three
months ended in Sep. 2024 was 6.18.
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.
Wan Hai Lines's Inventory-to-Revenue for the
three
months ended in Sep. 2024 was 0.08.
Wan Hai Lines Days Inventory Historical Data
The historical data trend for Wan Hai Lines'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 Wan Hai Lines's Days Inventory
For the Marine Shipping subindustry, Wan Hai Lines'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.
Wan Hai Lines's Days Inventory Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Wan Hai Lines's Days Inventory distribution charts can be found below:
* The bar in red indicates where Wan Hai Lines's Days Inventory falls into.
Wan Hai Lines Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Wan Hai Lines'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.
Wan Hai Lines (TPE:2615) 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.
Wan Hai Lines'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.
Wan Hai Lines'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.
Wan Hai Lines Days Inventory Related Terms
Thank you for viewing the detailed overview of Wan Hai Lines's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Wan Hai Lines Ltd is a transportation and logistics company domiciled in Taiwan. The company develops and operates terminals, container yards, and warehouses, and provides container shipping services through its fleet of vessels. Besides, the company constructs and maintains cargo containers, provides container loading and unloading services, and constructs and maintains ships. The company generates the majority of its revenue from Freight, Rentals, followed by WHL Terminals and Other services in geographical regions that includes Asia, followed by India, the Middle East, and the Red Sea.
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