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Jochu Technology Co (TPE:3543) Days Inventory : 26.90 (As of Dec. 2023)


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What is Jochu Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jochu Technology Co's Average Total Inventories for the three months ended in Dec. 2023 was NT$209 Mil. Jochu Technology Co's Cost of Goods Sold for the three months ended in Dec. 2023 was NT$709 Mil. Hence, Jochu Technology Co's Days Inventory for the three months ended in Dec. 2023 was 26.90.

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

TPE:3543' s Days Inventory Range Over the Past 10 Years
Min: 22.48   Med: 30.37   Max: 37.62
Current: 30.42

During the past 13 years, Jochu Technology Co's highest Days Inventory was 37.62. The lowest was 22.48. And the median was 30.37.

TPE:3543's Days Inventory is ranked better than
92.9% of 2408 companies
in the Hardware industry
Industry Median: 102.555 vs TPE:3543: 30.42

Jochu Technology Co's Days Inventory declined from Dec. 2022 (37.57) to Dec. 2023 (26.90).

Inventory Turnover measures how fast the company turns over its inventory within a year. Jochu Technology Co's Inventory Turnover for the three months ended in Dec. 2023 was 3.39.

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. Jochu Technology Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.25.


Jochu Technology Co Days Inventory Historical Data

The historical data trend for Jochu Technology 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.

Jochu Technology Co Days Inventory Chart

Jochu Technology Co 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 30.29 30.45 32.26 37.62 30.87

Jochu Technology Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 37.57 37.32 29.08 29.17 26.90

Competitive Comparison of Jochu Technology Co's Days Inventory

For the Electronic Components subindustry, Jochu Technology 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.


Jochu Technology Co's Days Inventory Distribution in the Hardware Industry

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

* The bar in red indicates where Jochu Technology Co's Days Inventory falls into.



Jochu Technology Co Days Inventory Calculation

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

Jochu Technology Co'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
=( (252.863 + 200.485) / 2 ) / 2679.851*365
=226.674 / 2679.851*365
=30.87

Jochu Technology Co's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (217.74 + 200.485) / 2 ) / 709.25*365 / 4
=209.1125 / 709.25*365 / 4
=26.90

* 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.


Jochu Technology Co  (TPE:3543) 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.

Jochu Technology Co's Inventory Turnover for the three months ended in Dec. 2023 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.

Jochu Technology Co's Inventory to Revenue for the three months 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.


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.


Jochu Technology Co Days Inventory Related Terms

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


Jochu Technology Co (TPE:3543) Business Description

Traded in Other Exchanges
N/A
Address
No. 42, Kuangfu Road, Hukou Township, Hukou, Hsinchu, TWN, 30351
Jochu Technology Co Ltd is engaged in manufacturing and selling of optoelectronic components, stamping molds, metal furniture, medical devices, and related international trading business.

Jochu Technology Co (TPE:3543) Headlines

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