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Hold-Key Electric Wire & Cable Co (TPE:1618) Days Inventory : 139.96 (As of Mar. 2024)


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What is Hold-Key Electric Wire & Cable Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hold-Key Electric Wire & Cable Co's Average Total Inventories for the three months ended in Mar. 2024 was NT$1,289 Mil. Hold-Key Electric Wire & Cable Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$840 Mil. Hence, Hold-Key Electric Wire & Cable Co's Days Inventory for the three months ended in Mar. 2024 was 139.96.

The historical rank and industry rank for Hold-Key Electric Wire & Cable Co's Days Inventory or its related term are showing as below:

TPE:1618' s Days Inventory Range Over the Past 10 Years
Min: 94.55   Med: 110.29   Max: 140.63
Current: 110.6

During the past 13 years, Hold-Key Electric Wire & Cable Co's highest Days Inventory was 140.63. The lowest was 94.55. And the median was 110.29.

TPE:1618's Days Inventory is ranked worse than
54.02% of 2410 companies
in the Hardware industry
Industry Median: 101.97 vs TPE:1618: 110.60

Hold-Key Electric Wire & Cable Co's Days Inventory declined from Mar. 2023 (147.84) to Mar. 2024 (139.96).

Inventory Turnover measures how fast the company turns over its inventory within a year. Hold-Key Electric Wire & Cable Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.65.

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. Hold-Key Electric Wire & Cable Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.30.


Hold-Key Electric Wire & Cable Co Days Inventory Historical Data

The historical data trend for Hold-Key Electric Wire & Cable 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.

Hold-Key Electric Wire & Cable Co Days Inventory Chart

Hold-Key Electric Wire & Cable 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 99.17 115.98 123.55 140.38 104.39

Hold-Key Electric Wire & Cable Co 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 147.84 123.26 84.59 102.10 139.96

Competitive Comparison of Hold-Key Electric Wire & Cable Co's Days Inventory

For the Electronics & Computer Distribution subindustry, Hold-Key Electric Wire & Cable 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.


Hold-Key Electric Wire & Cable Co's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hold-Key Electric Wire & Cable Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hold-Key Electric Wire & Cable Co's Days Inventory falls into.



Hold-Key Electric Wire & Cable Co Days Inventory Calculation

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

Hold-Key Electric Wire & Cable 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
=( (1048.506 + 1185.412) / 2 ) / 3905.374*365
=1116.959 / 3905.374*365
=104.39

Hold-Key Electric Wire & Cable 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
=( (1185.412 + 1392.385) / 2 ) / 840.296*365 / 4
=1288.8985 / 840.296*365 / 4
=139.96

* 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.


Hold-Key Electric Wire & Cable Co  (TPE:1618) 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.

Hold-Key Electric Wire & Cable 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.

Hold-Key Electric Wire & Cable 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.


Hold-Key Electric Wire & Cable Co Days Inventory Related Terms

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


Hold-Key Electric Wire & Cable Co (TPE:1618) Business Description

Traded in Other Exchanges
N/A
Address
Fuxing South Road, 3rd Floor, No. 36-9, Section 1, Zhongshan District, Taipei City, TWN, 104
Hold-Key Electric Wire & Cable Co Ltd is engaged in the manufacture and sells XLPE power cables, electric cables, aluminum cables, rubber cables, communication cables, fiber optic cables, LAN cables, cable accessories, etc., and is also engaged in the import and export of the aforementioned products and lease of properties. The company has two operating segments; the Wires and Cables Segment, and the Others Segment. The Group mainly operates in Taiwan, Europe, USA, and Asia. it derives a majority of its revenue from Taiwan.

Hold-Key Electric Wire & Cable Co (TPE:1618) Headlines

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