Motion Technology Electric & Machinery Co (ROCO:4589) Days Inventory : 96.24 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Motion Technology Electric & Machinery Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Motion Technology Electric & Machinery Co's Average Total Inventories for the six months ended in Dec. 2023 was NT$164.3 Mil. Motion Technology Electric & Machinery Co's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$311.5 Mil. Hence, Motion Technology Electric & Machinery Co's Days Inventory for the six months ended in Dec. 2023 was 96.24.

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

ROCO:4589' s Days Inventory Range Over the Past 10 Years
Min: 90.08 Med: 92.43 Max: 99.7
Current: 90.08

During the past 3 years, Motion Technology Electric & Machinery Co's highest Days Inventory was 99.70. The lowest was 90.08. And the median was 92.43.

ROCO:4589's Days Inventory is ranked better than
67.79% of 2912 companies
in the Industrial Products industry
Industry Median: 120.75 vs ROCO:4589: 90.08

Motion Technology Electric & Machinery Co's Days Inventory declined from Dec. 2022 (97.04) to Dec. 2023 (96.24).

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. Motion Technology Electric & Machinery Co's Inventory Turnover for the six months ended in Dec. 2023 was 1.90.

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. Motion Technology Electric & Machinery Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.41.

Motion Technology Electric & Machinery Co Days Inventory Historical Data

The historical data trend for Motion Technology Electric & Machinery 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.

Motion Technology Electric & Machinery Co Days Inventory Chart

Motion Technology Electric & Machinery Co Annual Data

Trend

Dec21

Dec22

Dec23

Days Inventory

99.70

92.43

90.61

Motion Technology Electric & Machinery Co Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	-	87.69	97.04	84.61	96.24

Competitive Comparison of Motion Technology Electric & Machinery Co's Days Inventory

For the Electrical Equipment & Parts subindustry, Motion Technology Electric & Machinery 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.

Motion Technology Electric & Machinery Co's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where Motion Technology Electric & Machinery Co's Days Inventory falls into.

Motion Technology Electric & Machinery Co Days Inventory Calculation

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

Motion Technology Electric & Machinery 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
=	( (186.924	+	158.76)	/	2 )	/	696.274	*	365
=	172.842					/	696.274	*	365
=	90.61

Motion Technology Electric & Machinery 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
=	( (169.817	+	158.76)	/	2 )	/	311.537	*	365 / 2
=	164.2885					/	311.537	*	365 / 2
=	96.24

Motion Technology Electric & Machinery Co (ROCO:4589) 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.

Motion Technology Electric & Machinery Co's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	311.537	/	164.2885
	=	1.90

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.

Motion Technology Electric & Machinery Co's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	164.2885	/	403.33
	=	0.41

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.

Motion Technology Electric & Machinery Co Days Inventory Related Terms

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

Motion Technology Electric & Machinery Co (ROCO:4589) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Motion Technology Electric & Machinery Co Ltd (ROCO:4589) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 72, Lane 76, Neiding 20th Street, Zhongli District, Taoyuan City, TWN, 320

Website

https://www.motiontech.com.tw

Motion Technology Electric & Machinery Co Ltd engages in the design and production of high-precision motors for use in medical appliances, electric wheelchairs, mobility scooters, elevators, and transmission systems. Its products include brush DC motors, brushless DC motors, BLDC drivers, servo motors, induction motors, and reluctance motor control.

Motion Technology Electric & Machinery Co (ROCO:4589) Headlines

No Headlines