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Voltronic Power Technology (TPE:6409) Days Inventory : 45.96 (As of Mar. 2024)


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What is Voltronic Power Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Voltronic Power Technology's Average Total Inventories for the three months ended in Mar. 2024 was NT$1,597 Mil. Voltronic Power Technology's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$3,171 Mil. Hence, Voltronic Power Technology's Days Inventory for the three months ended in Mar. 2024 was 45.96.

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

TPE:6409' s Days Inventory Range Over the Past 10 Years
Min: 21.73   Med: 41.38   Max: 48.22
Current: 45.31

During the past 13 years, Voltronic Power Technology's highest Days Inventory was 48.22. The lowest was 21.73. And the median was 41.38.

TPE:6409's Days Inventory is ranked better than
90.2% of 2897 companies
in the Industrial Products industry
Industry Median: 121.6 vs TPE:6409: 45.31

Voltronic Power Technology's Days Inventory declined from Mar. 2023 (56.01) to Mar. 2024 (45.96).

Inventory Turnover measures how fast the company turns over its inventory within a year. Voltronic Power Technology's Inventory Turnover for the three months ended in Mar. 2024 was 1.99.

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. Voltronic Power Technology's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.35.


Voltronic Power Technology Days Inventory Historical Data

The historical data trend for Voltronic Power Technology'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.

Voltronic Power Technology Days Inventory Chart

Voltronic Power Technology 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 39.95 44.02 44.47 44.56 48.22

Voltronic Power Technology 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 56.01 43.54 44.70 40.73 45.96

Competitive Comparison of Voltronic Power Technology's Days Inventory

For the Electrical Equipment & Parts subindustry, Voltronic Power Technology'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.


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

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

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



Voltronic Power Technology Days Inventory Calculation

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

Voltronic Power Technology'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
=( (2018.522 + 1411.766) / 2 ) / 12982.371*365
=1715.144 / 12982.371*365
=48.22

Voltronic Power Technology'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
=( (1411.766 + 1782.61) / 2 ) / 3170.859*365 / 4
=1597.188 / 3170.859*365 / 4
=45.96

* 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.


Voltronic Power Technology  (TPE:6409) 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.

Voltronic Power Technology'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.

Voltronic Power Technology'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.


Voltronic Power Technology Days Inventory Related Terms

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


Voltronic Power Technology (TPE:6409) Business Description

Traded in Other Exchanges
N/A
Address
No. 406, Xinhu 1st Road, Neihu District, Taipei, TWN
Voltronic Power Technology Corp is a Taiwan-based company that manufactures and distributes uninterruptible power supplies (UPSs), photovoltaic products, and electronic materials. Voltronic's product portfolio includes solar power pump inverters, off-grid inverters, standby UPSs, online and off-line UPSs, line interactive UPSs, automatic voltage regulators (AVRs), bypass switches, simple network management protocol cards, modbus cards, and rack towers. The firm has four manufacturing facilities in China and Taiwan.

Voltronic Power Technology (TPE:6409) Headlines

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