Elite Semiconductor Microelectronics Tech (TPE:3006) Days Inventory : 231.59 (As of Sep. 2024)

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What is Elite Semiconductor Microelectronics Tech Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Elite Semiconductor Microelectronics Tech's Average Total Inventories for the three months ended in Sep. 2024 was NT$7,256 Mil. Elite Semiconductor Microelectronics Tech's Cost of Goods Sold for the three months ended in Sep. 2024 was NT$2,859 Mil. Hence, Elite Semiconductor Microelectronics Tech's Days Inventory for the three months ended in Sep. 2024 was 231.59.

The historical rank and industry rank for Elite Semiconductor Microelectronics Tech's Days Inventory or its related term are showing as below:

TPE:3006' s Days Inventory Range Over the Past 10 Years
Min: 127.71 Med: 166.5 Max: 240.84
Current: 215.45

During the past 13 years, Elite Semiconductor Microelectronics Tech's highest Days Inventory was 240.84. The lowest was 127.71. And the median was 166.50.

TPE:3006's Days Inventory is ranked worse than
76.92% of 953 companies
in the Semiconductors industry
Industry Median: 122.88 vs TPE:3006: 215.45

Elite Semiconductor Microelectronics Tech's Days Inventory declined from Sep. 2023 (237.90) to Sep. 2024 (231.59).

Inventory Turnover measures how fast the company turns over its inventory within a year. Elite Semiconductor Microelectronics Tech's Inventory Turnover for the three months ended in Sep. 2024 was 0.39.

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. Elite Semiconductor Microelectronics Tech's Inventory-to-Revenue for the three months ended in Sep. 2024 was 2.13.

Elite Semiconductor Microelectronics Tech Days Inventory Historical Data

The historical data trend for Elite Semiconductor Microelectronics Tech'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.

Elite Semiconductor Microelectronics Tech Days Inventory Chart

Elite Semiconductor Microelectronics Tech Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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192.52

158.26

136.86

189.62

240.84

Elite Semiconductor Microelectronics Tech 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															237.90	215.82	196.32	203.35	231.59

Competitive Comparison of Elite Semiconductor Microelectronics Tech's Days Inventory

For the Semiconductors subindustry, Elite Semiconductor Microelectronics Tech'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.

Elite Semiconductor Microelectronics Tech's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Elite Semiconductor Microelectronics Tech's Days Inventory distribution charts can be found below:

* The bar in red indicates where Elite Semiconductor Microelectronics Tech's Days Inventory falls into.

Elite Semiconductor Microelectronics Tech Days Inventory Calculation

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

Elite Semiconductor Microelectronics Tech'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
=	( (8369.225	+	6885.637)	/	2 )	/	11559.38	*	365
=	7627.431					/	11559.38	*	365
=	240.84

Elite Semiconductor Microelectronics Tech'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
=	( (6802.775	+	7708.232)	/	2 )	/	2858.764	*	365 / 4
=	7255.5035					/	2858.764	*	365 / 4
=	231.59

Elite Semiconductor Microelectronics Tech (TPE:3006) 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.

Elite Semiconductor Microelectronics Tech's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2858.764	/	7255.5035
	=	0.39

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.

Elite Semiconductor Microelectronics Tech's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7255.5035	/	3412.509
	=	2.13

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.

Elite Semiconductor Microelectronics Tech Days Inventory Related Terms

Thank you for viewing the detailed overview of Elite Semiconductor Microelectronics Tech's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Elite Semiconductor Microelectronics Tech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Elite Semiconductor Microelectronics Tech Inc (TPE:3006) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 23, Industry E. Road IV, Science-Base Park, Hsinchu, TWN, 30077

Website

https://www.esmt.com.tw

Elite Semiconductor Microelectronics Tech Inc is a Taiwan-based company engaged in the design of memory-integrated circuit boards. The company generates part of its revenue domestically, with the majority of revenue earned in the Asia region outside Taiwan. The company designs, manufactures, markets, and produces dynamic random-access memory, static random-access memory, and flash memory. Products are used in applications such as personal computer storage, portable electronic devices, communication devices, mobile phones, and servers.

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