Days Inventory is also known as Days Sales of Inventory (DSI). Wiselink Co's Average Total Inventories for the
three
months ended in Mar. 2024 was NT$89 Mil. Wiselink Co's Cost of Goods Sold for the
three
months ended in Mar. 2024 was NT$162 Mil.
Hence, Wiselink Co's Days Inventory for the
three
months ended in Mar. 2024 was 50.23.
The historical rank and industry rank for Wiselink Co's Days Inventory or its related term are showing as below:
ROCO:8932'
s Days Inventory Range Over the Past 10 Years
Min: 59.76 Med: 90.34 Max: 111.88
Current: 59.76
During the past 13 years, Wiselink Co's highest Days Inventory was 111.88. The lowest was 59.76. And the median was 90.34.
ROCO:8932's Days Inventory is ranked better than 82.21% of 1012
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.41
vs ROCO:8932: 59.76
Wiselink Co's Days Inventory
declined
from Mar. 2023 (57.53) to Mar. 2024 (50.23).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Wiselink Co's Inventory Turnover for the
three
months ended in Mar. 2024 was 1.82.
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.
Wiselink Co's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.29.
Wiselink Co Days Inventory Historical Data
The historical data trend for Wiselink 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.
Competitive Comparison of Wiselink Co's Days Inventory
For the Apparel Manufacturing subindustry, Wiselink 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.
Wiselink Co's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Wiselink Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Wiselink Co's Days Inventory falls into.
Wiselink Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Wiselink Co's Days Inventory for the fiscal year that 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.
Wiselink Co (ROCO:8932) 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.
Wiselink Co'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.
Wiselink Co'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.
Wiselink Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Wiselink Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Wiselink Co Ltd, formerly Max Zipper Co Ltd is engaged in the production and sales of zippers in Taiwan. It offers a variety of zippers including nylon zippers, Delrin zippers, invisible zippers, metal zippers, zipper accessories, sliders, and other specialized zippers. The reportable segment of the company includes Taiwan and Mainland. The Taiwan segment and the Mainland segment were mainly engaged in the manufacturing, processing, and trading of pulling products and parts, while the other segments were mainly engaged in professional investment. The majority of revenue is derived from the Taiwan segment.
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