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Ta Ya Electric Wire & Cable (TPE:1609) Days Inventory : 90.36 (As of Mar. 2024)


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What is Ta Ya Electric Wire & Cable Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ta Ya Electric Wire & Cable's Average Total Inventories for the three months ended in Mar. 2024 was NT$5,796 Mil. Ta Ya Electric Wire & Cable's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$5,853 Mil. Hence, Ta Ya Electric Wire & Cable's Days Inventory for the three months ended in Mar. 2024 was 90.36.

The historical rank and industry rank for Ta Ya Electric Wire & Cable's Days Inventory or its related term are showing as below:

TPE:1609' s Days Inventory Range Over the Past 10 Years
Min: 57.89   Med: 75.13   Max: 94.66
Current: 94.66

During the past 13 years, Ta Ya Electric Wire & Cable's highest Days Inventory was 94.66. The lowest was 57.89. And the median was 75.13.

TPE:1609's Days Inventory is ranked better than
64.81% of 2913 companies
in the Industrial Products industry
Industry Median: 120.59 vs TPE:1609: 94.66

Ta Ya Electric Wire & Cable's Days Inventory declined from Mar. 2023 (93.16) to Mar. 2024 (90.36).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ta Ya Electric Wire & Cable's Inventory Turnover for the three months ended in Mar. 2024 was 1.01.

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. Ta Ya Electric Wire & Cable's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.87.


Ta Ya Electric Wire & Cable Days Inventory Historical Data

The historical data trend for Ta Ya Electric Wire & Cable'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.

Ta Ya Electric Wire & Cable Days Inventory Chart

Ta Ya Electric Wire & Cable 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 77.17 73.62 57.89 77.74 93.11

Ta Ya Electric Wire & Cable 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 93.16 102.72 103.08 90.12 90.36

Competitive Comparison of Ta Ya Electric Wire & Cable's Days Inventory

For the Electrical Equipment & Parts subindustry, Ta Ya Electric Wire & Cable'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.


Ta Ya Electric Wire & Cable's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ta Ya Electric Wire & Cable's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ta Ya Electric Wire & Cable's Days Inventory falls into.



Ta Ya Electric Wire & Cable Days Inventory Calculation

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

Ta Ya Electric Wire & Cable'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
=( (5806.212 + 5907.933) / 2 ) / 22960.671*365
=5857.0725 / 22960.671*365
=93.11

Ta Ya Electric Wire & Cable'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
=( (5907.933 + 5683.969) / 2 ) / 5852.853*365 / 4
=5795.951 / 5852.853*365 / 4
=90.36

* 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.


Ta Ya Electric Wire & Cable  (TPE:1609) 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.

Ta Ya Electric Wire & Cable'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.

Ta Ya Electric Wire & Cable'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.


Ta Ya Electric Wire & Cable Days Inventory Related Terms

Thank you for viewing the detailed overview of Ta Ya Electric Wire & Cable's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Ta Ya Electric Wire & Cable (TPE:1609) Business Description

Traded in Other Exchanges
N/A
Address
No. 249, Section 2, Zhongshan Road, Guanmiao District, Tainan, TWN, 71847
Ta Ya Electric Wire & Cable is engaged in the manufacturing and sale of electric wire & cable, and constructing, selling, and renting office and house buildings. The company has two operating segments; the Electric wire and cable segment mainly engage in the manufacturing and sale of electric wire and cable, and the Solar power plants segment mainly engages in the development of solar power plants for renewable energy. It derives a majority of its revenue from Taiwan.

Ta Ya Electric Wire & Cable (TPE:1609) Headlines

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