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Lanner Electronics (ROCO:6245) Days Inventory : 173.56 (As of Mar. 2024)


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What is Lanner Electronics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lanner Electronics's Average Total Inventories for the three months ended in Mar. 2024 was NT$2,069 Mil. Lanner Electronics's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$1,088 Mil. Hence, Lanner Electronics's Days Inventory for the three months ended in Mar. 2024 was 173.56.

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

ROCO:6245' s Days Inventory Range Over the Past 10 Years
Min: 109.83   Med: 125.74   Max: 155.97
Current: 155.21

During the past 13 years, Lanner Electronics's highest Days Inventory was 155.97. The lowest was 109.83. And the median was 125.74.

ROCO:6245's Days Inventory is ranked worse than
69.98% of 2408 companies
in the Hardware industry
Industry Median: 101.86 vs ROCO:6245: 155.21

Lanner Electronics's Days Inventory increased from Mar. 2023 (163.73) to Mar. 2024 (173.56). It might indicate that Lanner Electronics's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lanner Electronics's Inventory Turnover for the three months ended in Mar. 2024 was 0.53.

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. Lanner Electronics's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.25.


Lanner Electronics Days Inventory Historical Data

The historical data trend for Lanner Electronics'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.

Lanner Electronics Days Inventory Chart

Lanner Electronics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 129.10 125.41 138.18 140.50 155.97

Lanner Electronics 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 163.73 144.57 170.68 131.29 173.56

Competitive Comparison of Lanner Electronics's Days Inventory

For the Computer Hardware subindustry, Lanner Electronics'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.


Lanner Electronics's Days Inventory Distribution in the Hardware Industry

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

* The bar in red indicates where Lanner Electronics's Days Inventory falls into.



Lanner Electronics Days Inventory Calculation

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

Lanner Electronics'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
=( (2720.263 + 2025.124) / 2 ) / 5552.475*365
=2372.6935 / 5552.475*365
=155.97

Lanner Electronics'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
=( (2025.124 + 2112.253) / 2 ) / 1087.593*365 / 4
=2068.6885 / 1087.593*365 / 4
=173.56

* 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.


Lanner Electronics  (ROCO:6245) 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.

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

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.

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

* 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.


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.


Lanner Electronics Days Inventory Related Terms

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


Lanner Electronics (ROCO:6245) Business Description

Traded in Other Exchanges
N/A
Address
No. 173, Datong Road, 7th Floor, Section 2, XiZhi District, New Taipei, TWN, 22184
Lanner Electronics Inc is a Taiwan-based company that engages in the provision of engineering and manufacturing services for network appliances and rugged applied computing platforms for system integrators, service providers, and application developers. Its products include telecommunication data center appliances, industrial communication platforms, embedded boxes, vehicle computers, and embedded boards. Geographically, it derives a majority of its revenue from the United States.

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