FIT Holding Co (TPE:3712) Days Inventory : 10.77 (As of Dec. 2024)

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What is FIT Holding Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). FIT Holding Co's Average Total Inventories for the three months ended in Dec. 2024 was NT$1,244 Mil. FIT Holding Co's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$10,542 Mil. Hence, FIT Holding Co's Days Inventory for the three months ended in Dec. 2024 was 10.77.

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

TPE:3712' s Days Inventory Range Over the Past 10 Years
Min: 18.83 Med: 52.37 Max: 95.39
Current: 18.83

During the past 8 years, FIT Holding Co's highest Days Inventory was 95.39. The lowest was 18.83. And the median was 52.37.

TPE:3712's Days Inventory is ranked better than
95.43% of 963 companies
in the Semiconductors industry
Industry Median: 119.16 vs TPE:3712: 18.83

FIT Holding Co's Days Inventory declined from Dec. 2023 (19.00) to Dec. 2024 (10.77).

Inventory Turnover measures how fast the company turns over its inventory within a year. FIT Holding Co's Inventory Turnover for the three months ended in Dec. 2024 was 8.47.

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. FIT Holding Co's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.11.

FIT Holding Co Days Inventory Historical Data

The historical data trend for FIT Holding 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.

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FIT Holding Co Days Inventory Chart

FIT Holding Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

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62.34

43.13

47.39

31.98

20.93

FIT Holding Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial															19.00	33.17	19.50	23.69	10.77

Competitive Comparison of FIT Holding Co's Days Inventory

For the Semiconductors subindustry, FIT Holding 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.

FIT Holding Co's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, FIT Holding Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where FIT Holding Co's Days Inventory falls into.

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FIT Holding Co Days Inventory Calculation

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

FIT Holding Co's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

	Days Inventory (A: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (1348.972	+	1321.18)	/	2 )	/	23277.055	*	365
=	1335.076					/	23277.055	*	365
=	20.93

FIT Holding Co's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (1166.773	+	1321.18)	/	2 )	/	10541.519	*	365 / 4
=	1243.9765					/	10541.519	*	365 / 4
=	10.77

FIT Holding Co (TPE:3712) 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.

FIT Holding Co's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	10541.519	/	1243.9765
	=	8.47

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.

FIT Holding Co's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1243.9765	/	11804.624
	=	0.11

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.

FIT Holding Co Days Inventory Related Terms

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

FIT Holding Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » FIT Holding Co Ltd (TPE:3712) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 49, Section 4, Zhongyang Road, Tucheng District, New Taipei, TWN, 236

Website

https://www.fit-holding.com

FIT Holding Co Ltd is a Taiwan-based holding company. It is engaged engaged in production, manufacturing and trading of optical instrument components, computer peripheral components, 3C products, image scanners and multifunction printers, investment and development of power plant and cleaning energy services. Its product segments are Systems and Peripheral products and department, 3C component department, 3C product retail department and Energy service department. The Energy service management segment derives the majority revenue. The company geographically operates in Taiwan, Hong Kong, China, USA and Others.

FIT Holding Co Headlines

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