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Merida Industry Co (TPE:9914) Days Inventory : 187.77 (As of Dec. 2024)


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What is Merida Industry Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Merida Industry Co's Average Total Inventories for the three months ended in Dec. 2024 was NT$10,326 Mil. Merida Industry Co's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$5,018 Mil. Hence, Merida Industry Co's Days Inventory for the three months ended in Dec. 2024 was 187.77.

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

TPE:9914' s Days Inventory Range Over the Past 10 Years
Min: 49.27   Med: 69.58   Max: 4030.18
Current: 146.24

During the past 13 years, Merida Industry Co's highest Days Inventory was 4030.18. The lowest was 49.27. And the median was 69.58.

TPE:9914's Days Inventory is ranked worse than
79.76% of 677 companies
in the Travel & Leisure industry
Industry Median: 31.25 vs TPE:9914: 146.24

Merida Industry Co's Days Inventory declined from Dec. 2023 (233.27) to Dec. 2024 (187.77).

Inventory Turnover measures how fast the company turns over its inventory within a year. Merida Industry Co's Inventory Turnover for the three months ended in Dec. 2024 was 0.49.

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. Merida Industry Co's Inventory-to-Revenue for the three months ended in Dec. 2024 was 1.78.


Merida Industry Co Days Inventory Historical Data

The historical data trend for Merida Industry 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.

Merida Industry Co Days Inventory Chart

Merida Industry Co 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 75.59 91.71 4,030.18 79.39 152.40

Merida Industry Co 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 233.27 180.06 113.78 122.60 187.77

Competitive Comparison of Merida Industry Co's Days Inventory

For the Leisure subindustry, Merida Industry 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.


Merida Industry Co's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Merida Industry Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Merida Industry Co's Days Inventory falls into.


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Merida Industry Co Days Inventory Calculation

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

Merida Industry Co'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
=( (9531.937 + 10720.853) / 2 ) / 24252.901*365
=10126.395 / 24252.901*365
=152.40

Merida Industry Co'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
=( (9930.295 + 10720.853) / 2 ) / 5017.97*365 / 4
=10325.574 / 5017.97*365 / 4
=187.77

* 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.


Merida Industry Co  (TPE:9914) 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.

Merida Industry Co'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.

Merida Industry Co'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.


Merida Industry Co Days Inventory Related Terms

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


Merida Industry Co Business Description

Traded in Other Exchanges
N/A
Address
No. 116, Meigang Road, Dacun Township, Changhua County, Yuanlin, TWN
Merida Industry Co Ltd is a manufacturer and distributor of bicycles and bicycle-related components, domiciled in Taiwan. The company produces bicycles for both recreational and professional use. Products include mountain bicycles, road and racing bicycles, bicycle motocross, or BMX, folding bicycles, children and youth bicycles, electric bicycles, helmets, components, and related parts and accessories. Merida distributes bicycles and components both domestically and internationally, and products are largely sold under the Merida brand name.

Merida Industry Co Headlines

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