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Taiwan Cogeneration (TPE:8926) Days Inventory : 0.44 (As of Mar. 2024)


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What is Taiwan Cogeneration Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Taiwan Cogeneration's Average Total Inventories for the three months ended in Mar. 2024 was NT$9 Mil. Taiwan Cogeneration's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$1,854 Mil. Hence, Taiwan Cogeneration's Days Inventory for the three months ended in Mar. 2024 was 0.44.

The historical rank and industry rank for Taiwan Cogeneration's Days Inventory or its related term are showing as below:

TPE:8926' s Days Inventory Range Over the Past 10 Years
Min: 0.29   Med: 1.2   Max: 4
Current: 0.79

During the past 13 years, Taiwan Cogeneration's highest Days Inventory was 4.00. The lowest was 0.29. And the median was 1.20.

TPE:8926's Days Inventory is ranked better than
95.84% of 1395 companies
in the Construction industry
Industry Median: 48.56 vs TPE:8926: 0.79

Taiwan Cogeneration's Days Inventory declined from Mar. 2023 (1.89) to Mar. 2024 (0.44).

Inventory Turnover measures how fast the company turns over its inventory within a year. Taiwan Cogeneration's Inventory Turnover for the three months ended in Mar. 2024 was 207.14.

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. Taiwan Cogeneration's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.


Taiwan Cogeneration Days Inventory Historical Data

The historical data trend for Taiwan Cogeneration'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.

Taiwan Cogeneration Days Inventory Chart

Taiwan Cogeneration 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 0.40 0.29 0.67 1.41 0.99

Taiwan Cogeneration 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 1.89 1.10 0.92 0.65 0.44

Competitive Comparison of Taiwan Cogeneration's Days Inventory

For the Engineering & Construction subindustry, Taiwan Cogeneration'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.


Taiwan Cogeneration's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Taiwan Cogeneration's Days Inventory distribution charts can be found below:

* The bar in red indicates where Taiwan Cogeneration's Days Inventory falls into.



Taiwan Cogeneration Days Inventory Calculation

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

Taiwan Cogeneration'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
=( (18.104 + 7.951) / 2 ) / 4805.144*365
=13.0275 / 4805.144*365
=0.99

Taiwan Cogeneration'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
=( (7.951 + 9.953) / 2 ) / 1854.28*365 / 4
=8.952 / 1854.28*365 / 4
=0.44

* 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.


Taiwan Cogeneration  (TPE:8926) 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.

Taiwan Cogeneration'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.

Taiwan Cogeneration'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.


Taiwan Cogeneration Days Inventory Related Terms

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


Taiwan Cogeneration (TPE:8926) Business Description

Traded in Other Exchanges
N/A
Address
No. 392, Rui Guang Road, 6th Floor, Neihu District, Taipei, TWN, 11492
Taiwan Cogeneration Corp is a Taiwanese company involved in the planning, construction, operation, management, and repair of cogeneration power-producing plants and equipment. All its revenue is generated from Taiwan.

Taiwan Cogeneration (TPE:8926) Headlines

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