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Aerospace Industrial Development (TPE:2634) Days Inventory : 147.74 (As of Mar. 2024)


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What is Aerospace Industrial Development Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aerospace Industrial Development's Average Total Inventories for the three months ended in Mar. 2024 was NT$15,362 Mil. Aerospace Industrial Development's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$9,488 Mil. Hence, Aerospace Industrial Development's Days Inventory for the three months ended in Mar. 2024 was 147.74.

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

TPE:2634' s Days Inventory Range Over the Past 10 Years
Min: 100.9   Med: 127.4   Max: 204.57
Current: 163.95

During the past 13 years, Aerospace Industrial Development's highest Days Inventory was 204.57. The lowest was 100.90. And the median was 127.40.

TPE:2634's Days Inventory is ranked worse than
55.71% of 289 companies
in the Aerospace & Defense industry
Industry Median: 139.54 vs TPE:2634: 163.95

Aerospace Industrial Development's Days Inventory increased from Mar. 2023 (145.83) to Mar. 2024 (147.74). It might indicate that Aerospace Industrial Development's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aerospace Industrial Development's Inventory Turnover for the three months ended in Mar. 2024 was 0.62.

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. Aerospace Industrial Development's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.45.


Aerospace Industrial Development Days Inventory Historical Data

The historical data trend for Aerospace Industrial Development'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.

Aerospace Industrial Development Days Inventory Chart

Aerospace Industrial Development 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 122.64 204.57 200.69 169.20 151.81

Aerospace Industrial Development 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 145.83 174.87 167.16 173.53 147.74

Competitive Comparison of Aerospace Industrial Development's Days Inventory

For the Aerospace & Defense subindustry, Aerospace Industrial Development'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.


Aerospace Industrial Development's Days Inventory Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Aerospace Industrial Development's Days Inventory distribution charts can be found below:

* The bar in red indicates where Aerospace Industrial Development's Days Inventory falls into.



Aerospace Industrial Development Days Inventory Calculation

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

Aerospace Industrial Development'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
=( (13384.439 + 15515.727) / 2 ) / 34742.053*365
=14450.083 / 34742.053*365
=151.81

Aerospace Industrial Development'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
=( (15515.727 + 15207.965) / 2 ) / 9488.044*365 / 4
=15361.846 / 9488.044*365 / 4
=147.74

* 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.


Aerospace Industrial Development  (TPE:2634) 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.

Aerospace Industrial Development'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.

Aerospace Industrial Development's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=15361.846 / 10575.585
=1.45

* 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.


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.


Aerospace Industrial Development Days Inventory Related Terms

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


Aerospace Industrial Development (TPE:2634) Business Description

Traded in Other Exchanges
N/A
Address
No.1, Hanxiang Road, Xitun District, Taichung, TWN, 407803
Aerospace Industrial Development Corp is involved in the manufacturing and development of aerospace and defense products. The company's products and services include Commercial Aircraft, Military Aircraft, Engines, Aircraft Maintenance & Avionics, and Flight & Technology Services. Its geographical segments are Asia, America, and Europe.

Aerospace Industrial Development (TPE:2634) Headlines

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