GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Tong Hsing Electronic Industries Ltd (TPE:6271) » Definitions » Days Inventory

Tong Hsing Electronic Industries (TPE:6271) Days Inventory : 71.99 (As of Dec. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Tong Hsing Electronic Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tong Hsing Electronic Industries's Average Total Inventories for the three months ended in Dec. 2024 was NT$1,746 Mil. Tong Hsing Electronic Industries's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$2,213 Mil. Hence, Tong Hsing Electronic Industries's Days Inventory for the three months ended in Dec. 2024 was 71.99.

The historical rank and industry rank for Tong Hsing Electronic Industries's Days Inventory or its related term are showing as below:

TPE:6271' s Days Inventory Range Over the Past 10 Years
Min: 56.17   Med: 68.79   Max: 79.79
Current: 70.62

During the past 13 years, Tong Hsing Electronic Industries's highest Days Inventory was 79.79. The lowest was 56.17. And the median was 68.79.

TPE:6271's Days Inventory is ranked better than
74.82% of 965 companies
in the Semiconductors industry
Industry Median: 119.16 vs TPE:6271: 70.62

Tong Hsing Electronic Industries's Days Inventory increased from Dec. 2023 (65.20) to Dec. 2024 (71.99). It might indicate that Tong Hsing Electronic Industries's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tong Hsing Electronic Industries's Inventory Turnover for the three months ended in Dec. 2024 was 1.27.

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. Tong Hsing Electronic Industries's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.59.


Tong Hsing Electronic Industries Days Inventory Historical Data

The historical data trend for Tong Hsing Electronic Industries'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.

Tong Hsing Electronic Industries Days Inventory Chart

Tong Hsing Electronic Industries Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.34 66.12 72.96 70.26 69.24

Tong Hsing Electronic Industries 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 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 65.20 68.36 70.33 73.10 71.99

Competitive Comparison of Tong Hsing Electronic Industries's Days Inventory

For the Semiconductor Equipment & Materials subindustry, Tong Hsing Electronic Industries'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.


Tong Hsing Electronic Industries's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Tong Hsing Electronic Industries's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tong Hsing Electronic Industries's Days Inventory falls into.


;
;

Tong Hsing Electronic Industries Days Inventory Calculation

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

Tong Hsing Electronic Industries'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
=( (1592.699 + 1732.862) / 2 ) / 8765.096*365
=1662.7805 / 8765.096*365
=69.24

Tong Hsing Electronic Industries'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
=( (1758.175 + 1732.862) / 2 ) / 2212.641*365 / 4
=1745.5185 / 2212.641*365 / 4
=71.99

* 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.


Tong Hsing Electronic Industries  (TPE:6271) 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.

Tong Hsing Electronic Industries's Inventory Turnover for the three months ended in Dec. 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.

Tong Hsing Electronic Industries's Inventory to Revenue for the three months ended in Dec. 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.


Tong Hsing Electronic Industries Days Inventory Related Terms

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


Tong Hsing Electronic Industries Business Description

Traded in Other Exchanges
N/A
Address
No 83, Yanping South Road, 6th Floor, Zhougzheng District, Taipei, TWN
Tong Hsing Electronic Industries Ltd is a Taiwan-based company that is principally engaged in developing, manufacturing, and selling hybrid integrated circuits, image sensors, metalized ceramic substrates, RF modules, and others. The company generates the majority of its total revenue from overseas markets, including the United States, Singapore, and Malaysia.

Tong Hsing Electronic Industries Headlines

No Headlines