Sung Gang (ROCO:6240) Days Inventory : 0.00 (As of Mar. 2024)

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What is Sung Gang Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sung Gang's Average Total Inventories for the three months ended in Mar. 2024 was NT$0.00 Mil. Sung Gang's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$8.28 Mil. Hence, Sung Gang's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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

During the past 13 years, Sung Gang's highest Days Inventory was 94.29. The lowest was 3.50. And the median was 53.24.

ROCO:6240's Days Inventory is not ranked ^*
in the Media - Diversified industry.
Industry Median: 26.06
* Ranked among companies with meaningful Days Inventory only.

Sung Gang's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Sung Gang's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.

Sung Gang Days Inventory Historical Data

The historical data trend for Sung Gang'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.

Sung Gang Days Inventory Chart

Sung Gang Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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27.14

3.50

Sung Gang Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Sung Gang's Days Inventory

For the Publishing subindustry, Sung Gang'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.

Sung Gang's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Sung Gang's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sung Gang's Days Inventory falls into.

Sung Gang Days Inventory Calculation

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

Sung Gang'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
=	( (0	+	0)	/	1 )	/	33.844	*	365
=	0					/	33.844	*	365
=	0.00

Sung Gang'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: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	8.275	*	365 / 4
=	0					/	8.275	*	365 / 4
=	0.00

Sung Gang (ROCO:6240) 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.

Sung Gang's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	8.275	/	0
	=

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.

Sung Gang's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	11.496
	=	0.00

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.

Sung Gang Days Inventory Related Terms

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

Sung Gang (ROCO:6240) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Sung Gang Corp Ltd (ROCO:6240) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

No. 50, Zhongxiao West Road, 100, 9th Floor, Section 1, Zhongzheng District, Taipei, TWN

Website

http://www.kingsinfo.com.tw

Sung Gang Corp Ltd publishes computer related books. The company is also involved in the wholesale of information software and leasing industry. Its products portfolio include Information technology books, Commercial software, Application software, and Computer skill test.

Sung Gang (ROCO:6240) Headlines

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