Golden Long Teng Development Co (ROCO:3188) Days Inventory : 1,644.94 (As of Mar. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Golden Long Teng Development Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Golden Long Teng Development Co's Average Total Inventories for the three months ended in Mar. 2024 was NT$6,763.9 Mil. Golden Long Teng Development Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$375.2 Mil. Hence, Golden Long Teng Development Co's Days Inventory for the three months ended in Mar. 2024 was 1,644.94.

The historical rank and industry rank for Golden Long Teng Development Co's Days Inventory or its related term are showing as below:

ROCO:3188' s Days Inventory Range Over the Past 10 Years
Min: 81.93 Med: 1032.12 Max: 5036.88
Current: 5036.88

During the past 13 years, Golden Long Teng Development Co's highest Days Inventory was 5036.88. The lowest was 81.93. And the median was 1032.12.

ROCO:3188's Days Inventory is ranked worse than
92.09% of 1327 companies
in the Real Estate industry
Industry Median: 699.45 vs ROCO:3188: 5036.88

Golden Long Teng Development Co's Days Inventory increased from Dec. 2022 (707.87) to Mar. 2024 (1,644.94). It might indicate that Golden Long Teng Development Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Golden Long Teng Development Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.06.

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. Golden Long Teng Development Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 10.59.

Golden Long Teng Development Co Days Inventory Historical Data

The historical data trend for Golden Long Teng Development 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.

Golden Long Teng Development Co Days Inventory Chart

Golden Long Teng Development Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

Get a 7-Day Free Trial

563.27

1,032.12

2,193.08

1,311.24

2,170.68

Golden Long Teng Development Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Days Inventory	Get a 7-Day Free Trial															707.87	4,861.84	18,105.59	7,780.66	1,644.94

Competitive Comparison of Golden Long Teng Development Co's Days Inventory

For the Real Estate - Development subindustry, Golden Long Teng Development 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.

Golden Long Teng Development Co's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Golden Long Teng Development Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Golden Long Teng Development Co's Days Inventory falls into.

Golden Long Teng Development Co Days Inventory Calculation

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

Golden Long Teng Development Co's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (3814.333	+	6059.695)	/	2 )	/	830.159	*	365
=	4937.014					/	830.159	*	365
=	2,170.68

Golden Long Teng Development Co'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: Sep. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (7118.243	+	6409.53)	/	2 )	/	375.215	*	365 / 4
=	6763.8865					/	375.215	*	365 / 4
=	1,644.94

Golden Long Teng Development Co (ROCO:3188) 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.

Golden Long Teng Development Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	375.215	/	6763.8865
	=	0.06

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.

Golden Long Teng Development Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6763.8865	/	638.531
	=	10.59

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.

Golden Long Teng Development Co Days Inventory Related Terms

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

Golden Long Teng Development Co (ROCO:3188) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Golden Long Teng Development Co Ltd (ROCO:3188) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

No. 33, Mingcheng 4th Road, Longshui Vil., Gushan District, Kaohsiung, TWN, 80457

Website

http://www.gltd.com.tw

Golden Long Teng Development Co Ltd is engaged in residential construction and building development. The company's segment includes Construction and Development Department and Construction Department. It generates maximum revenue from the Construction and Development Department segment.

Golden Long Teng Development Co (ROCO:3188) Headlines

No Headlines