Dawushan Farm Technology Co (ROCO:6952) Days Inventory : 15.40 (As of Mar. 2024)

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What is Dawushan Farm Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dawushan Farm Technology Co's Average Total Inventories for the three months ended in Mar. 2024 was NT$45 Mil. Dawushan Farm Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$268 Mil. Hence, Dawushan Farm Technology Co's Days Inventory for the three months ended in Mar. 2024 was 15.40.

The historical rank and industry rank for Dawushan Farm Technology Co's Days Inventory or its related term are showing as below:

ROCO:6952' s Days Inventory Range Over the Past 10 Years
Min: 13.87 Med: 17.59 Max: 18.36
Current: 16.7

During the past 4 years, Dawushan Farm Technology Co's highest Days Inventory was 18.36. The lowest was 13.87. And the median was 17.59.

ROCO:6952's Days Inventory is ranked better than
96.25% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 81.97 vs ROCO:6952: 16.70

Dawushan Farm Technology Co's Days Inventory declined from Mar. 2023 (24.02) to Mar. 2024 (15.40).

Inventory Turnover measures how fast the company turns over its inventory within a year. Dawushan Farm Technology Co's Inventory Turnover for the three months ended in Mar. 2024 was 5.93.

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. Dawushan Farm Technology Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.13.

Dawushan Farm Technology Co Days Inventory Historical Data

The historical data trend for Dawushan Farm Technology 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.

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Dawushan Farm Technology Co Days Inventory Chart

Dawushan Farm Technology Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Inventory

13.87

18.29

16.89

18.36

Dawushan Farm Technology Co Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial					24.02	29.14	16.99	12.02	15.40

Competitive Comparison of Dawushan Farm Technology Co's Days Inventory

For the Farm Products subindustry, Dawushan Farm Technology 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.

Dawushan Farm Technology Co's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dawushan Farm Technology Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Dawushan Farm Technology Co's Days Inventory falls into.

Dawushan Farm Technology Co Days Inventory Calculation

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

Dawushan Farm Technology 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
=	( (50.965	+	44.9)	/	2 )	/	952.657	*	365
=	47.9325					/	952.657	*	365
=	18.36

Dawushan Farm Technology Co'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
=	( (44.9	+	45.483)	/	2 )	/	267.775	*	365 / 4
=	45.1915					/	267.775	*	365 / 4
=	15.40

Dawushan Farm Technology Co (ROCO:6952) 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.

Dawushan Farm Technology Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	267.775	/	45.1915
	=	5.93

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.

Dawushan Farm Technology Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	45.1915	/	338.336
	=	0.13

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.

Dawushan Farm Technology Co Days Inventory Related Terms

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

Dawushan Farm Technology Co (ROCO:6952) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Dawushan Farm Technology Co Ltd (ROCO:6952) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 68-30, Pingshan Road, Wanlong Village, Xinpi Township, Pingtung, TWN

Website

https://www.dawushan.com.tw

Dawushan Farm Technology Co Ltd is engaged in the production of eggs. The company offers fresh eggs, liquid eggs, soft-boiled eggs, egg rolls, and other products.

Dawushan Farm Technology Co (ROCO:6952) Headlines

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