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Ventec International Group Co (TPE:6672) Days Inventory : 108.27 (As of Sep. 2024)


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What is Ventec International Group Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ventec International Group Co's Average Total Inventories for the three months ended in Sep. 2024 was NT$790 Mil. Ventec International Group Co's Cost of Goods Sold for the three months ended in Sep. 2024 was NT$666 Mil. Hence, Ventec International Group Co's Days Inventory for the three months ended in Sep. 2024 was 108.27.

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

TPE:6672' s Days Inventory Range Over the Past 10 Years
Min: 64.95   Med: 74.72   Max: 106.73
Current: 103.11

During the past 10 years, Ventec International Group Co's highest Days Inventory was 106.73. The lowest was 64.95. And the median was 74.72.

TPE:6672's Days Inventory is ranked worse than
52.01% of 2394 companies
in the Hardware industry
Industry Median: 99.695 vs TPE:6672: 103.11

Ventec International Group Co's Days Inventory increased from Sep. 2023 (93.89) to Sep. 2024 (108.27). It might indicate that Ventec International Group Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ventec International Group Co's Inventory Turnover for the three months ended in Sep. 2024 was 0.84.

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. Ventec International Group Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.79.


Ventec International Group Co Days Inventory Historical Data

The historical data trend for Ventec International Group 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.

Ventec International Group Co Days Inventory Chart

Ventec International Group 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 67.83 82.43 76.63 106.73 96.01

Ventec International Group 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 93.89 102.90 100.74 98.40 108.27

Competitive Comparison of Ventec International Group Co's Days Inventory

For the Electronic Components subindustry, Ventec International Group 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.


Ventec International Group Co's Days Inventory Distribution in the Hardware Industry

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

* The bar in red indicates where Ventec International Group Co's Days Inventory falls into.



Ventec International Group Co Days Inventory Calculation

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

Ventec International Group 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
=( (934.91 + 758.429) / 2 ) / 3218.691*365
=846.6695 / 3218.691*365
=96.01

Ventec International Group 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
=( (817.479 + 761.887) / 2 ) / 665.539*365 / 4
=789.683 / 665.539*365 / 4
=108.27

* 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.


Ventec International Group Co  (TPE:6672) 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.

Ventec International Group 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.

Ventec International Group 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.


Ventec International Group Co Days Inventory Related Terms

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


Ventec International Group Co Business Description

Traded in Other Exchanges
N/A
Address
308 TaiShan Road, New District, Jiangsu, Suzhou, CHN, 215129
Ventec International Group Co is engaged in research and development, production and sale of copper clad laminate (CCL), aluminum-backed laminate (IMS) and prepreg used in a wide range of printed circuit boards. Geographically presence of the company is in Asia, Europe and America and it generates majority of its revenue from Asia.

Ventec International Group Co Headlines

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