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Sea Mild Biotechnology Co (ROCO:7516) Days Inventory : 47.15 (As of Dec. 2023)


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What is Sea Mild Biotechnology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sea Mild Biotechnology Co's Average Total Inventories for the six months ended in Dec. 2023 was NT$26.0 Mil. Sea Mild Biotechnology Co's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$100.7 Mil. Hence, Sea Mild Biotechnology Co's Days Inventory for the six months ended in Dec. 2023 was 47.15.

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

ROCO:7516' s Days Inventory Range Over the Past 10 Years
Min: 41.45   Med: 68.35   Max: 127.72
Current: 41.71

During the past 10 years, Sea Mild Biotechnology Co's highest Days Inventory was 127.72. The lowest was 41.45. And the median was 68.35.

ROCO:7516's Days Inventory is ranked better than
82.46% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 82.1 vs ROCO:7516: 41.71

Sea Mild Biotechnology Co's Days Inventory increased from Dec. 2022 (37.72) to Dec. 2023 (47.15). It might indicate that Sea Mild Biotechnology Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sea Mild Biotechnology Co's Inventory Turnover for the six months ended in Dec. 2023 was 3.87.

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. Sea Mild Biotechnology Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.19.


Sea Mild Biotechnology Co Days Inventory Historical Data

The historical data trend for Sea Mild Biotechnology 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.

* Premium members only.

Sea Mild Biotechnology Co Days Inventory Chart

Sea Mild Biotechnology Co 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 82.33 68.76 62.70 41.55 41.45

Sea Mild Biotechnology Co Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 59.59 58.87 37.72 36.49 47.15

Competitive Comparison of Sea Mild Biotechnology Co's Days Inventory

For the Household & Personal Products subindustry, Sea Mild Biotechnology 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.


Sea Mild Biotechnology Co's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sea Mild Biotechnology Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sea Mild Biotechnology Co's Days Inventory falls into.



Sea Mild Biotechnology Co Days Inventory Calculation

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

Sea Mild Biotechnology 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
=( (16.766 + 28.805) / 2 ) / 200.647*365
=22.7855 / 200.647*365
=41.45

Sea Mild Biotechnology 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
=( (23.211 + 28.805) / 2 ) / 100.677*365 / 2
=26.008 / 100.677*365 / 2
=47.15

* 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.


Sea Mild Biotechnology Co  (ROCO:7516) 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.

Sea Mild Biotechnology Co's Inventory Turnover for the six months ended in Dec. 2023 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.

Sea Mild Biotechnology Co's Inventory to Revenue for the six months ended in Dec. 2023 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.


Sea Mild Biotechnology Co Days Inventory Related Terms

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


Sea Mild Biotechnology Co (ROCO:7516) Business Description

Traded in Other Exchanges
N/A
Address
2nd Floor, No.89, Sector 2, Jianguo North Road, Zhongshan District, Taipei, TWN, 10479
Sea Mild Biotechnology Co Ltd is a manufacturer and distributor of household products. The company's products portfolio includes washing powder, laundry detergent, home cleaning products, personal cleaning and care products, and shampoo.

Sea Mild Biotechnology Co (ROCO:7516) Headlines

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