GMT Global (ROCO:4573) Days Inventory : 433.48 (As of Dec. 2023)

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What is GMT Global Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). GMT Global's Average Total Inventories for the six months ended in Dec. 2023 was NT$432.2 Mil. GMT Global's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$182.0 Mil. Hence, GMT Global's Days Inventory for the six months ended in Dec. 2023 was 433.48.

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

ROCO:4573' s Days Inventory Range Over the Past 10 Years
Min: 87.4 Med: 331.52 Max: 458.14
Current: 458.14

During the past 9 years, GMT Global's highest Days Inventory was 458.14. The lowest was 87.40. And the median was 331.52.

ROCO:4573's Days Inventory is ranked worse than
96.35% of 2408 companies
in the Hardware industry
Industry Median: 101.86 vs ROCO:4573: 458.14

GMT Global's Days Inventory increased from Dec. 2022 (420.02) to Dec. 2023 (433.48). It might indicate that GMT Global's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. GMT Global's Inventory Turnover for the six months ended in Dec. 2023 was 0.42.

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. GMT Global's Inventory-to-Revenue for the six months ended in Dec. 2023 was 2.00.

GMT Global Days Inventory Historical Data

The historical data trend for GMT Global'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.

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GMT Global Days Inventory Chart

GMT Global Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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331.52

337.59

339.13

385.86

455.74

GMT Global Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial											346.64	368.02	420.02	487.76	433.48

Competitive Comparison of GMT Global's Days Inventory

For the Electronic Components subindustry, GMT Global'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.

GMT Global's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, GMT Global's Days Inventory distribution charts can be found below:

* The bar in red indicates where GMT Global's Days Inventory falls into.

GMT Global Days Inventory Calculation

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

GMT Global'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
=	( (444.017	+	423.681)	/	2 )	/	347.469	*	365
=	433.849					/	347.469	*	365
=	455.74

GMT Global's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (440.695	+	423.681)	/	2 )	/	181.957	*	365 / 2
=	432.188					/	181.957	*	365 / 2
=	433.48

GMT Global (ROCO:4573) 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.

GMT Global's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	181.957	/	432.188
	=	0.42

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.

GMT Global's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	432.188	/	216.245
	=	2.00

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.

GMT Global Days Inventory Related Terms

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

GMT Global (ROCO:4573) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » GMT Global Inc (ROCO:4573) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 357, Section 1, Yaofeng Road, Puxin Township, Changhua County, Changhua, TWN, 50442

Website

https://www.gmtlinear.com

GMT Global Inc is engaged in the manufacturing of the precision die, precision dies sets and mold components. The company also helps in the fields of biomedical genetic engineering, precision optical engineering, MEMS manufacturing and other fields with the manufacturing of positioning stage elements. Its products profile include Actuators, Electric Gripper, Linear Cylinder, Optical Table, Hi-resolution stage, and others.

GMT Global (ROCO:4573) Headlines

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