The historical rank and industry rank for Top Union Electronics's Days Inventory or its related term are showing as below:
ROCO:6266'
s Days Inventory Range Over the Past 10 Years
Min: 52.19 Med: 98.25 Max: 157.6
Current: 140.41
During the past 13 years, Top Union Electronics's highest Days Inventory was 157.60. The lowest was 52.19. And the median was 98.25.
ROCO:6266's Days Inventory is ranked worse than 55.78% of 943
companies
in the Semiconductors industry
Industry Median: 130.22
vs ROCO:6266: 140.41
Top Union Electronics's Days Inventory
declined
from Dec. 2022 (144.10) to Mar. 2024 (105.71).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Top Union Electronics's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.86.
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.
Top Union Electronics's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.97.
Top Union Electronics Days Inventory Historical Data
The historical data trend for Top Union 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.
Competitive Comparison of Top Union Electronics's Days Inventory
For the Semiconductor Equipment & Materials subindustry, Top Union 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.
Top Union Electronics's Days Inventory Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, Top Union Electronics's Days Inventory distribution charts can be found below:
* The bar in red indicates where Top Union Electronics's Days Inventory falls into.
Top Union Electronics Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Top Union Electronics's Days Inventory for the fiscal year that ended in Dec. 2022 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.
Top Union Electronics (ROCO:6266) 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.
Top Union 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.
Top Union 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.
Top Union Electronics Days Inventory Related Terms
Thank you for viewing the detailed overview of Top Union Electronics's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Top Union Electronics (ROCO:6266) Business Description
Top Union Electronics Corp is principally engaged in the design, manufacture, and technical support of electronic products and communication equipment, as well as providing surface mount technology (SMT) services, processing, and international trade business.
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