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Franbo Lines (ROCO:2641) Days Inventory : 350.10 (As of Mar. 2024)


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What is Franbo Lines Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Franbo Lines's Average Total Inventories for the three months ended in Mar. 2024 was NT$800 Mil. Franbo Lines's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$208 Mil. Hence, Franbo Lines's Days Inventory for the three months ended in Mar. 2024 was 350.10.

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

ROCO:2641' s Days Inventory Range Over the Past 10 Years
Min: 3.99   Med: 7.06   Max: 350.35
Current: 328.69

During the past 13 years, Franbo Lines's highest Days Inventory was 350.35. The lowest was 3.99. And the median was 7.06.

ROCO:2641's Days Inventory is ranked worse than
98.08% of 780 companies
in the Transportation industry
Industry Median: 11.4 vs ROCO:2641: 328.69

Franbo Lines's Days Inventory declined from Mar. 2023 (392.29) to Mar. 2024 (350.10).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Franbo Lines's Inventory Turnover for the three months ended in Mar. 2024 was 0.26.

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. Franbo Lines's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.05.


Franbo Lines Days Inventory Historical Data

The historical data trend for Franbo Lines'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.

Franbo Lines Days Inventory Chart

Franbo Lines 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 6.01 4.82 3.99 161.86 350.35

Franbo Lines 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 392.29 300.14 362.13 305.94 350.10

Competitive Comparison of Franbo Lines's Days Inventory

For the Marine Shipping subindustry, Franbo Lines'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.


Franbo Lines's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Franbo Lines's Days Inventory distribution charts can be found below:

* The bar in red indicates where Franbo Lines's Days Inventory falls into.



Franbo Lines Days Inventory Calculation

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

Franbo Lines'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
=( (610.377 + 786.1) / 2 ) / 727.426*365
=698.2385 / 727.426*365
=350.35

Franbo Lines'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
=( (786.1 + 813.397) / 2 ) / 208.445*365 / 4
=799.7485 / 208.445*365 / 4
=350.10

* 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.


Franbo Lines  (ROCO:2641) 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.

Franbo Lines'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.

Franbo Lines'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.


Franbo Lines Days Inventory Related Terms

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


Franbo Lines (ROCO:2641) Business Description

Traded in Other Exchanges
N/A
Address
Haibian Road, 3rd Floor, No.31, Lingya District, Kaohsiung, TWN, 802
Franbo Lines Corp is a Taiwan based company engaged in offering ocean transport, consulting and shipping agency services. It provides the ship freight forwarder, ship chartering, ship operation and other services. Its business areas include Time charter of vessel, Freight forwarding service and Vessel management. The company owned the vessels with the official cross-strait direct flights were given special permission which is one of the majority's bulk carrier and general cargo shipping business between China and Taiwan.

Franbo Lines (ROCO:2641) Headlines

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