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Prime Electronics &tellitics (TPE:6152) Days Inventory : 198.26 (As of Mar. 2024)


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What is Prime Electronics &tellitics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Prime Electronics &tellitics's Average Total Inventories for the three months ended in Mar. 2024 was NT$692 Mil. Prime Electronics &tellitics's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$319 Mil. Hence, Prime Electronics &tellitics's Days Inventory for the three months ended in Mar. 2024 was 198.26.

The historical rank and industry rank for Prime Electronics &tellitics's Days Inventory or its related term are showing as below:

TPE:6152' s Days Inventory Range Over the Past 10 Years
Min: 57.08   Med: 68.4   Max: 144.67
Current: 144.67

During the past 13 years, Prime Electronics &tellitics's highest Days Inventory was 144.67. The lowest was 57.08. And the median was 68.40.

TPE:6152's Days Inventory is ranked worse than
66.32% of 2408 companies
in the Hardware industry
Industry Median: 101.86 vs TPE:6152: 144.67

Prime Electronics &tellitics's Days Inventory increased from Mar. 2023 (121.04) to Mar. 2024 (198.26). It might indicate that Prime Electronics &tellitics's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Prime Electronics &tellitics's Inventory Turnover for the three months ended in Mar. 2024 was 0.46.

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. Prime Electronics &tellitics's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.97.


Prime Electronics &tellitics Days Inventory Historical Data

The historical data trend for Prime Electronics &tellitics'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.

Prime Electronics &tellitics Days Inventory Chart

Prime Electronics &tellitics 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 58.36 75.12 78.26 75.51 130.86

Prime Electronics &tellitics 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 121.04 98.46 163.32 139.89 198.26

Competitive Comparison of Prime Electronics &tellitics's Days Inventory

For the Communication Equipment subindustry, Prime Electronics &tellitics'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.


Prime Electronics &tellitics's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Prime Electronics &tellitics's Days Inventory distribution charts can be found below:

* The bar in red indicates where Prime Electronics &tellitics's Days Inventory falls into.



Prime Electronics &tellitics Days Inventory Calculation

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

Prime Electronics &tellitics'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
=( (642.835 + 634.162) / 2 ) / 1780.906*365
=638.4985 / 1780.906*365
=130.86

Prime Electronics &tellitics'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
=( (634.162 + 750.112) / 2 ) / 318.561*365 / 4
=692.137 / 318.561*365 / 4
=198.26

* 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.


Prime Electronics &tellitics  (TPE:6152) 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.

Prime Electronics &tellitics'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.

Prime Electronics &tellitics'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.


Prime Electronics &tellitics Days Inventory Related Terms

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


Prime Electronics &tellitics (TPE:6152) Business Description

Traded in Other Exchanges
N/A
Address
69 Tung-Yuan Rd., Chung-Li Industrial Park, Chung-Li City, TWN, 32063
Prime Electronics & Satellitics Inc is a Taiwan-based company engaged in developing and manufacturing advanced digital satellite communication and wireless consumer electronic products, such as wired and wireless equipment as well as telecom control RF equipment.

Prime Electronics &tellitics (TPE:6152) Headlines

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