The historical rank and industry rank for Shin Zu Shing Co's Days Inventory or its related term are showing as below:
TPE:3376'
s Days Inventory Range Over the Past 10 Years
Min: 42.56 Med: 56.63 Max: 72.61
Current: 65.4
During the past 13 years, Shin Zu Shing Co's highest Days Inventory was 72.61. The lowest was 42.56. And the median was 56.63.
TPE:3376's Days Inventory is ranked better than 82.21% of 2911
companies
in the Industrial Products industry
Industry Median: 120.59
vs TPE:3376: 65.40
Shin Zu Shing Co's Days Inventory
declined
from Mar. 2023 (93.55) to Mar. 2024 (67.29).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Shin Zu Shing Co's Inventory Turnover for the
three
months ended in Mar. 2024 was 1.36.
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.
Shin Zu Shing Co's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.61.
Shin Zu Shing Co Days Inventory Historical Data
The historical data trend for Shin Zu Shing 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.
Competitive Comparison of Shin Zu Shing Co's Days Inventory
For the Metal Fabrication subindustry, Shin Zu Shing 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.
Shin Zu Shing Co's Days Inventory Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shin Zu Shing Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Shin Zu Shing Co's Days Inventory falls into.
Shin Zu Shing Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Shin Zu Shing Co'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.
Shin Zu Shing Co (TPE:3376) 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.
Shin Zu Shing Co'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.
Shin Zu Shing Co's Inventory to Revenue for the
three
months ended in Mar. 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.
Shin Zu Shing Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Shin Zu Shing Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Shin Zu Shing Co Ltd makes springs, stamped parts, and hinges for communication, computer, and consumer products. It produces various types of springs, and use automated machines to design stronger, longer-lasting, and high-quality components. Research and development enhances design, improves molding techniques, and creates innovative measurement strategies to produce durable products. A fabrication process produces hinges for laptops, monitors, cameras, cellphones, and other technology components. The company's sensor-control systems maintain accurate specifications, critical wire length, and angular relationships to create the end products. Customer feedback provides Shin Zu Shing the opportunity to tweak quality testing and produce customized solutions.
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