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Apogee Optocom Co (TPE:6426) Days Inventory : 133.89 (As of Mar. 2024)


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What is Apogee Optocom Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Apogee Optocom Co's Average Total Inventories for the three months ended in Mar. 2024 was NT$117.7 Mil. Apogee Optocom Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$80.2 Mil. Hence, Apogee Optocom Co's Days Inventory for the three months ended in Mar. 2024 was 133.89.

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

TPE:6426' s Days Inventory Range Over the Past 10 Years
Min: 60.14   Med: 100.71   Max: 137.15
Current: 136.41

During the past 13 years, Apogee Optocom Co's highest Days Inventory was 137.15. The lowest was 60.14. And the median was 100.71.

TPE:6426's Days Inventory is ranked worse than
64.22% of 2409 companies
in the Hardware industry
Industry Median: 101.86 vs TPE:6426: 136.41

Apogee Optocom Co's Days Inventory declined from Mar. 2023 (171.70) to Mar. 2024 (133.89).

Inventory Turnover measures how fast the company turns over its inventory within a year. Apogee Optocom Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.68.

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. Apogee Optocom Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.48.


Apogee Optocom Co Days Inventory Historical Data

The historical data trend for Apogee Optocom 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.

Apogee Optocom Co Days Inventory Chart

Apogee Optocom 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 102.63 124.32 137.15 111.84 128.80

Apogee Optocom 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 171.70 155.56 139.57 123.02 133.89

Competitive Comparison of Apogee Optocom Co's Days Inventory

For the Communication Equipment subindustry, Apogee Optocom 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.


Apogee Optocom Co's Days Inventory Distribution in the Hardware Industry

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

* The bar in red indicates where Apogee Optocom Co's Days Inventory falls into.



Apogee Optocom Co Days Inventory Calculation

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

Apogee Optocom 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
=( (109.65 + 120.485) / 2 ) / 326.077*365
=115.0675 / 326.077*365
=128.80

Apogee Optocom 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
=( (120.485 + 114.873) / 2 ) / 80.203*365 / 4
=117.679 / 80.203*365 / 4
=133.89

* 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.


Apogee Optocom Co  (TPE:6426) 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.

Apogee Optocom 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.

Apogee Optocom 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.


Apogee Optocom Co Days Inventory Related Terms

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


Apogee Optocom Co (TPE:6426) Business Description

Traded in Other Exchanges
N/A
Address
4th floor, No. 2, Nanke 3rd Road, Xinshi District, Tainan, TWN
Apogee Optocom Co Ltd is a communication component manufacturer based in Taiwan. The products offered by the company include Optical filters (Active), Optical filters (Passive), Data Centers, OEM & ODM Coating Services, and Measurement Equipment. It has three reportable operating segments as follows: The parent company, subsidiary, and adjustment.

Apogee Optocom Co (TPE:6426) Headlines

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