The historical rank and industry rank for United Alloy-Tech Co's Days Inventory or its related term are showing as below:
ROCO:3162'
s Days Inventory Range Over the Past 10 Years
Min: 48.07 Med: 62.71 Max: 127.85
Current: 64.28
During the past 13 years, United Alloy-Tech Co's highest Days Inventory was 127.85. The lowest was 48.07. And the median was 62.71.
ROCO:3162's Days Inventory is ranked better than 82.79% of 2911
companies
in the Industrial Products industry
Industry Median: 120.59
vs ROCO:3162: 64.28
Inventory Turnover measures how fast the company turns over its inventory within a year.
United Alloy-Tech Co's Inventory Turnover for the
three
months ended in Mar. 2024 was 1.19.
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.
United Alloy-Tech Co's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.79.
United Alloy-Tech Co Days Inventory Historical Data
The historical data trend for United Alloy-Tech 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.
Competitive Comparison of United Alloy-Tech Co's Days Inventory
For the Metal Fabrication subindustry, United Alloy-Tech 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.
United Alloy-Tech Co's Days Inventory Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, United Alloy-Tech Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where United Alloy-Tech Co's Days Inventory falls into.
United Alloy-Tech Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
United Alloy-Tech Co's Days Inventory for the fiscal year that ended in Dec. 2023 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.
United Alloy-Tech Co (ROCO:3162) 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.
United Alloy-Tech Co'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.
United Alloy-Tech Co'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.
United Alloy-Tech Co Days Inventory Related Terms
Thank you for viewing the detailed overview of United Alloy-Tech Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
United Alloy-Tech Co (ROCO:3162) Business Description
United Alloy-Tech Co Ltd mainly engages in the forging of aluminum alloys, die-casting, the production and processing of molds, and the production and sales business of auto parts. The company has two segments Aluminum alloy materials division and the Foam tapes division. Its product pipeline includes Aluminum Alloy 2-7 series, Front Fork End and Crown, Dropout, Riching Dropout, Mountain Bike Dropout, Yoke, Motor Mount, Hanger, and others. Geographically company generates the majority of its revenue from China.
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