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Hu Lane Associate (ROCO:6279) Days Inventory : 126.07 (As of Mar. 2024)


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What is Hu Lane Associate Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hu Lane Associate's Average Total Inventories for the three months ended in Mar. 2024 was NT$1,734 Mil. Hu Lane Associate's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$1,255 Mil. Hence, Hu Lane Associate's Days Inventory for the three months ended in Mar. 2024 was 126.07.

The historical rank and industry rank for Hu Lane Associate's Days Inventory or its related term are showing as below:

ROCO:6279' s Days Inventory Range Over the Past 10 Years
Min: 103.85   Med: 125.05   Max: 130.72
Current: 120.21

During the past 13 years, Hu Lane Associate's highest Days Inventory was 130.72. The lowest was 103.85. And the median was 125.05.

ROCO:6279's Days Inventory is ranked worse than
73.82% of 1253 companies
in the Vehicles & Parts industry
Industry Median: 80.85 vs ROCO:6279: 120.21

Hu Lane Associate's Days Inventory declined from Mar. 2023 (149.42) to Mar. 2024 (126.07).

Inventory Turnover measures how fast the company turns over its inventory within a year. Hu Lane Associate's Inventory Turnover for the three months ended in Mar. 2024 was 0.72.

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. Hu Lane Associate's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.92.


Hu Lane Associate Days Inventory Historical Data

The historical data trend for Hu Lane Associate'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.

Hu Lane Associate Days Inventory Chart

Hu Lane Associate 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 121.81 125.44 119.18 124.65 130.16

Hu Lane Associate 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 149.42 133.38 115.17 105.72 126.07

Competitive Comparison of Hu Lane Associate's Days Inventory

For the Auto Parts subindustry, Hu Lane Associate'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.


Hu Lane Associate's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hu Lane Associate's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hu Lane Associate's Days Inventory falls into.



Hu Lane Associate Days Inventory Calculation

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

Hu Lane Associate'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
=( (1820.475 + 1732.547) / 2 ) / 4981.786*365
=1776.511 / 4981.786*365
=130.16

Hu Lane Associate'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
=( (1732.547 + 1736.102) / 2 ) / 1255.284*365 / 4
=1734.3245 / 1255.284*365 / 4
=126.07

* 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.


Hu Lane Associate  (ROCO:6279) 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.

Hu Lane Associate'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.

Hu Lane Associate'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.


Hu Lane Associate Days Inventory Related Terms

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


Hu Lane Associate (ROCO:6279) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Lane. 342, Fude 1st Road, Xizhi District, New Taipei City, TWN, 221010
Hu Lane Associate Inc is a Taiwan based company principally engaged in production and sales of terminal products of the cars and motorcycles. The company offers connectors for automobile, motorbike, electric vehicle, extended fields, specific application purpose, rubber seal, fasten accessories and other connectors. Some of the connectors produced are an automotive connector, manufactured housing, terminal connector, and wiring harness connector. The group also sells mold applicator parts and plastic accessory products. The operations of the company are carried in Taiwan and internationally.

Hu Lane Associate (ROCO:6279) Headlines

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