LNC Technology Co (ROCO:4587) Days Inventory : 152.02 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is LNC Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). LNC Technology Co's Average Total Inventories for the six months ended in Dec. 2023 was NT$225.9 Mil. LNC Technology Co's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$271.2 Mil. Hence, LNC Technology Co's Days Inventory for the six months ended in Dec. 2023 was 152.02.

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

ROCO:4587' s Days Inventory Range Over the Past 10 Years
Min: 120.01 Med: 142.69 Max: 180.38
Current: 157.02

During the past 5 years, LNC Technology Co's highest Days Inventory was 180.38. The lowest was 120.01. And the median was 142.69.

ROCO:4587's Days Inventory is ranked worse than
64.94% of 2904 companies
in the Industrial Products industry
Industry Median: 120.69 vs ROCO:4587: 157.02

LNC Technology Co's Days Inventory declined from Dec. 2022 (217.28) to Dec. 2023 (152.02).

Inventory Turnover measures how fast the company turns over its inventory within a year. LNC Technology Co's Inventory Turnover for the six months ended in Dec. 2023 was 1.20.

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. LNC Technology Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.58.

LNC Technology Co Days Inventory Historical Data

The historical data trend for LNC Technology 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.

LNC Technology Co Days Inventory Chart

LNC Technology Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

121.84

120.01

142.69

180.38

153.93

LNC Technology Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial			199.90	170.18	217.28	165.60	152.02

Competitive Comparison of LNC Technology Co's Days Inventory

For the Specialty Industrial Machinery subindustry, LNC Technology 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.

LNC Technology Co's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where LNC Technology Co's Days Inventory falls into.

LNC Technology Co Days Inventory Calculation

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

LNC Technology Co'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
=	( (223.763	+	217.741)	/	2 )	/	523.451	*	365
=	220.752					/	523.451	*	365
=	153.93

LNC Technology Co'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
=	( (234.037	+	217.741)	/	2 )	/	271.185	*	365 / 2
=	225.889					/	271.185	*	365 / 2
=	152.02

LNC Technology Co (ROCO:4587) 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.

LNC Technology Co's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	271.185	/	225.889
	=	1.20

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.

LNC Technology Co's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	225.889	/	388.454
	=	0.58

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.

LNC Technology Co Days Inventory Related Terms

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

LNC Technology Co (ROCO:4587) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » LNC Technology Co Ltd (ROCO:4587) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.633, Sec. 2, Taiwan Boulevard, 6th Floor, Xitun District, Taichung City, TWN, 40764

Website

https://www.lnc.com.tw

LNC Technology Co Ltd engages in developing and manufacturing a variety of equipment control systems and provides clients with professional solutions. Its products apply to all kinds of processing procedures in modern factories, such as molds processing, cutting, stamping, grinding, and injection to robot operation. The company's products comprise gantry robot controllers, joint robot controllers, machine controllers, smart production lines, and others.

LNC Technology Co (ROCO:4587) Headlines

No Headlines