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Concraft Holding Co (TPE:4943) Days Inventory : 70.44 (As of Mar. 2024)


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What is Concraft Holding Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Concraft Holding Co's Average Total Inventories for the three months ended in Mar. 2024 was NT$299 Mil. Concraft Holding Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$387 Mil. Hence, Concraft Holding Co's Days Inventory for the three months ended in Mar. 2024 was 70.44.

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

TPE:4943' s Days Inventory Range Over the Past 10 Years
Min: 41.82   Med: 50.16   Max: 70.86
Current: 68.06

During the past 13 years, Concraft Holding Co's highest Days Inventory was 70.86. The lowest was 41.82. And the median was 50.16.

TPE:4943's Days Inventory is ranked better than
70.91% of 2410 companies
in the Hardware industry
Industry Median: 101.97 vs TPE:4943: 68.06

Concraft Holding Co's Days Inventory declined from Mar. 2023 (87.11) to Mar. 2024 (70.44).

Inventory Turnover measures how fast the company turns over its inventory within a year. Concraft Holding Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.30.

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. Concraft Holding Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.79.


Concraft Holding Co Days Inventory Historical Data

The historical data trend for Concraft 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.

* Premium members only.

Concraft Holding Co Days Inventory Chart

Concraft Holding 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 51.63 69.25 67.42 70.86 69.37

Concraft Holding Co 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 87.11 79.42 61.77 54.31 70.44

Competitive Comparison of Concraft Holding Co's Days Inventory

For the Electronic Components subindustry, Concraft 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.


Concraft Holding Co's Days Inventory Distribution in the Hardware Industry

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

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



Concraft Holding Co Days Inventory Calculation

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

Concraft Holding 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
=( (368.643 + 282.191) / 2 ) / 1712.283*365
=325.417 / 1712.283*365
=69.37

Concraft Holding Co'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
=( (282.191 + 315.566) / 2 ) / 387.181*365 / 4
=298.8785 / 387.181*365 / 4
=70.44

* 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.


Concraft Holding Co  (TPE:4943) 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.

Concraft Holding 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.

Concraft Holding 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.


Concraft Holding Co Days Inventory Related Terms

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


Concraft Holding Co (TPE:4943) Business Description

Traded in Other Exchanges
N/A
Address
No. 35, Chengtian Road, 2nd Floor, Tucheng District, New Taipei, TWN, 23674
Concraft Holding Co Ltd manufactures and markets electronic connectors and related mold components. The company derives revenue from products and services such as Sound components, Molding and automated equipment, Connectors, and Automobile series and others. Geographically, it derives a majority of its revenue from China and also has a presence in Taiwan and Other Countries. Its product categories include acoustic, optical, automotive and medical components.

Concraft Holding Co (TPE:4943) Headlines

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