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Chicony Power Technology Co (TPE:6412) Days Inventory : 62.70 (As of Sep. 2024)


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What is Chicony Power Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Chicony Power Technology Co's Average Total Inventories for the three months ended in Sep. 2024 was NT$5,625 Mil. Chicony Power Technology Co's Cost of Goods Sold for the three months ended in Sep. 2024 was NT$8,187 Mil. Hence, Chicony Power Technology Co's Days Inventory for the three months ended in Sep. 2024 was 62.70.

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

TPE:6412' s Days Inventory Range Over the Past 10 Years
Min: 55.97   Med: 80.01   Max: 87
Current: 71.12

During the past 13 years, Chicony Power Technology Co's highest Days Inventory was 87.00. The lowest was 55.97. And the median was 80.01.

TPE:6412's Days Inventory is ranked better than
78.61% of 2908 companies
in the Industrial Products industry
Industry Median: 122.675 vs TPE:6412: 71.12

Chicony Power Technology Co's Days Inventory increased from Sep. 2023 (56.57) to Sep. 2024 (62.70). It might indicate that Chicony Power Technology Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Chicony Power Technology Co's Inventory Turnover for the three months ended in Sep. 2024 was 1.46.

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. Chicony Power Technology Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.54.


Chicony Power Technology Co Days Inventory Historical Data

The historical data trend for Chicony Power Technology 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.

Chicony Power Technology Co Days Inventory Chart

Chicony Power Technology 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 83.91 80.44 86.50 85.32 79.58

Chicony Power Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 56.57 71.07 83.92 72.90 62.70

Competitive Comparison of Chicony Power Technology Co's Days Inventory

For the Electrical Equipment & Parts subindustry, Chicony Power Technology 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.


Chicony Power Technology Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chicony Power Technology Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Chicony Power Technology Co's Days Inventory falls into.



Chicony Power Technology Co Days Inventory Calculation

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

Chicony Power Technology 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
=( (6544.129 + 5931.639) / 2 ) / 28610.901*365
=6237.884 / 28610.901*365
=79.58

Chicony Power Technology Co's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (5519.864 + 5730.748) / 2 ) / 8186.981*365 / 4
=5625.306 / 8186.981*365 / 4
=62.70

* 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.


Chicony Power Technology Co  (TPE:6412) 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.

Chicony Power Technology Co's Inventory Turnover for the three months ended in Sep. 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.

Chicony Power Technology Co's Inventory to Revenue for the three months ended in Sep. 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.


Chicony Power Technology Co Days Inventory Related Terms

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


Chicony Power Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No.69, Guangfu Road, 30th Floor, Section 2, TaSmart Building Systemn, Sanchong District, New Taipei City, TWN, 241
Chicony Power Technology Co Ltd is a Taiwan-based company that is principally engaged in developing, manufacturing, and selling switching power supplies, electronic components and LED lighting modules and smart building solutions. Its product categories are PowerSupply, LED Applications, and Electric Motor. The majority of its revenue comes from the sale of Electronic component products. Its geographical segments are Asia, the United States, Europe, and others.

Chicony Power Technology Co Headlines

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