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Taimide Tech (TPE:3645) Days Inventory : 116.50 (As of Mar. 2024)


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What is Taimide Tech Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Taimide Tech's Average Total Inventories for the three months ended in Mar. 2024 was NT$464 Mil. Taimide Tech's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$364 Mil. Hence, Taimide Tech's Days Inventory for the three months ended in Mar. 2024 was 116.50.

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

TPE:3645' s Days Inventory Range Over the Past 10 Years
Min: 88.14   Med: 115.06   Max: 153.84
Current: 131.08

During the past 13 years, Taimide Tech's highest Days Inventory was 153.84. The lowest was 88.14. And the median was 115.06.

TPE:3645's Days Inventory is ranked worse than
62.38% of 2408 companies
in the Hardware industry
Industry Median: 102.415 vs TPE:3645: 131.08

Taimide Tech's Days Inventory declined from Mar. 2023 (191.74) to Mar. 2024 (116.50).

Inventory Turnover measures how fast the company turns over its inventory within a year. Taimide Tech's Inventory Turnover for the three months ended in Mar. 2024 was 0.78.

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. Taimide Tech's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.00.


Taimide Tech Days Inventory Historical Data

The historical data trend for Taimide 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.

Taimide Tech Days Inventory Chart

Taimide Tech 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 114.26 91.68 97.56 153.84 151.80

Taimide Tech 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 191.74 140.01 127.14 137.18 116.50

Competitive Comparison of Taimide Tech's Days Inventory

For the Electronic Components subindustry, Taimide 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.


Taimide Tech's Days Inventory Distribution in the Hardware Industry

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

* The bar in red indicates where Taimide Tech's Days Inventory falls into.



Taimide Tech Days Inventory Calculation

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

Taimide 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
=( (643.79 + 480.481) / 2 ) / 1351.66*365
=562.1355 / 1351.66*365
=151.80

Taimide Tech'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
=( (480.481 + 447.845) / 2 ) / 363.555*365 / 4
=464.163 / 363.555*365 / 4
=116.50

* 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.


Taimide Tech  (TPE:3645) 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.

Taimide Tech'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.

Taimide Tech'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.


Taimide Tech Days Inventory Related Terms

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


Taimide Tech (TPE:3645) Business Description

Traded in Other Exchanges
N/A
Address
No. 127, Section 3, Wende Road, Xinpu Township, Hsinchu, TWN
Taimide Tech Inc is engaged in the research and development, manufacturing and sales of polyimide film (PI film) in Taiwan. It provides high modulus polyimide films, a low coefficient of thermal expansion polyimide films, and low dielectric constant polyimide films, among others.

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