Days Inventory is also known as Days Sales of Inventory (DSI). Chroma Ate's Average Total Inventories for the
three
months ended in Mar. 2024 was NT$4,969 Mil. Chroma Ate's Cost of Goods Sold for the
three
months ended in Mar. 2024 was NT$1,852 Mil.
Hence, Chroma Ate's Days Inventory for the
three
months ended in Mar. 2024 was 244.89.
The historical rank and industry rank for Chroma Ate's Days Inventory or its related term are showing as below:
TPE:2360'
s Days Inventory Range Over the Past 10 Years
Min: 88.41 Med: 106.23 Max: 330.42
Current: 330.42
During the past 13 years, Chroma Ate's highest Days Inventory was 330.42. The lowest was 88.41. And the median was 106.23.
TPE:2360's Days Inventory is ranked worse than 92.99% of 2410
companies
in the Hardware industry
Industry Median: 101.97
vs TPE:2360: 330.42
Chroma Ate's Days Inventory
increased
from Dec. 2022 (131.87) to Mar. 2024 (244.89).
It might indicate that Chroma Ate's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Chroma Ate's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.37.
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.
Chroma Ate's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 1.12.
Chroma Ate Days Inventory Historical Data
The historical data trend for Chroma Ate'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 Chroma Ate's Days Inventory
For the Scientific & Technical Instruments subindustry, Chroma Ate'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.
Chroma Ate's Days Inventory Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Chroma Ate's Days Inventory distribution charts can be found below:
* The bar in red indicates where Chroma Ate's Days Inventory falls into.
Chroma Ate Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Chroma Ate's Days Inventory for the fiscal year that ended in Dec. 2022 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.
Chroma Ate (TPE:2360) 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.
Chroma Ate'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.
Chroma Ate'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.
Chroma Ate Days Inventory Related Terms
Thank you for viewing the detailed overview of Chroma Ate's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Chroma Ate Inc manufactures and sells automated testing systems, electronic testing instruments, signal generators, and power supplies. The company has four reportable segments: Special materials department, Test instrument department, the Automatic equipment department, and Others. It generates maximum revenue from the Automatic equipment segment. The company has a presence in Europe, the United States, Japan, Korea, China, and Southeast Asia.
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