ACpay Co (ROCO:6984) Days Inventory : 16.08 (As of Dec. 2023)

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What is ACpay Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ACpay Co's Average Total Inventories for the six months ended in Dec. 2023 was NT$4.79 Mil. ACpay Co's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$54.35 Mil. Hence, ACpay Co's Days Inventory for the six months ended in Dec. 2023 was 16.08.

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

ROCO:6984' s Days Inventory Range Over the Past 10 Years
Min: 19.83 Med: 25.69 Max: 31.55
Current: 20.13

During the past 4 years, ACpay Co's highest Days Inventory was 31.55. The lowest was 19.83. And the median was 25.69.

ROCO:6984's Days Inventory is ranked worse than
50.67% of 1559 companies
in the Software industry
Industry Median: 19.53 vs ROCO:6984: 20.13

ACpay Co's Days Inventory declined from Dec. 2022 (28.70) to Dec. 2023 (16.08).

Inventory Turnover measures how fast the company turns over its inventory within a year. ACpay Co's Inventory Turnover for the six months ended in Dec. 2023 was 11.35.

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. ACpay Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.08.

ACpay Co Days Inventory Historical Data

The historical data trend for ACpay 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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ACpay Co Days Inventory Chart

ACpay Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Inventory

31.55

19.83

ACpay Co Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial			-	-	28.70	26.01	16.08

Competitive Comparison of ACpay Co's Days Inventory

For the Software - Infrastructure subindustry, ACpay 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.

ACpay Co's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, ACpay Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where ACpay Co's Days Inventory falls into.

ACpay Co Days Inventory Calculation

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

ACpay 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
=	( (6.015	+	4.224)	/	2 )	/	94.239	*	365
=	5.1195					/	94.239	*	365
=	19.83

ACpay Co's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (5.353	+	4.224)	/	2 )	/	54.351	*	365 / 2
=	4.7885					/	54.351	*	365 / 2
=	16.08

ACpay Co (ROCO:6984) 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.

ACpay Co's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	54.351	/	4.7885
	=	11.35

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.

ACpay Co's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4.7885	/	56.436
	=	0.08

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.

ACpay Co Days Inventory Related Terms

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

ACpay Co (ROCO:6984) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ACpay Co Ltd (ROCO:6984) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

11F., No.103, Sec. 3, Nanjing E. Road, Zhongshan District, Taipei, TWN, 104707

Website

https://www.acpay.com

ACpay Co Ltd is a fintech company providing payment and e-commerce solutions. The company provides integrated offline cash flow services by offering Wireless credit card machines, also it has online cash flow method where in they eliminate physical boundaries and create unlimited value.

ACpay Co (ROCO:6984) Headlines

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