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WT Microelectronics Co (TPE:3036) Days Inventory : 47.64 (As of Mar. 2024)


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What is WT Microelectronics Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). WT Microelectronics Co's Average Total Inventories for the three months ended in Mar. 2024 was NT$98,038 Mil. WT Microelectronics Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$187,782 Mil. Hence, WT Microelectronics Co's Days Inventory for the three months ended in Mar. 2024 was 47.64.

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

TPE:3036' s Days Inventory Range Over the Past 10 Years
Min: 46.94   Med: 52.07   Max: 59
Current: 53.44

During the past 13 years, WT Microelectronics Co's highest Days Inventory was 59.00. The lowest was 46.94. And the median was 52.07.

TPE:3036's Days Inventory is ranked better than
79.78% of 2409 companies
in the Hardware industry
Industry Median: 101.86 vs TPE:3036: 53.44

WT Microelectronics Co's Days Inventory declined from Mar. 2023 (71.36) to Mar. 2024 (47.64).

Inventory Turnover measures how fast the company turns over its inventory within a year. WT Microelectronics Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.92.

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. WT Microelectronics Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.51.


WT Microelectronics Co Days Inventory Historical Data

The historical data trend for WT Microelectronics 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.

WT Microelectronics Co Days Inventory Chart

WT Microelectronics 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 52.14 48.03 46.94 51.99 59.00

WT Microelectronics 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 71.36 74.39 52.72 46.76 47.64

Competitive Comparison of WT Microelectronics Co's Days Inventory

For the Electronic Components subindustry, WT Microelectronics 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.


WT Microelectronics Co's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, WT Microelectronics Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where WT Microelectronics Co's Days Inventory falls into.



WT Microelectronics Co Days Inventory Calculation

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

WT Microelectronics 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
=( (90547.237 + 95715.497) / 2 ) / 576112.549*365
=93131.367 / 576112.549*365
=59.00

WT Microelectronics 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
=( (95715.497 + 100361.216) / 2 ) / 187781.75*365 / 4
=98038.3565 / 187781.75*365 / 4
=47.64

* 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.


WT Microelectronics Co  (TPE:3036) 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.

WT Microelectronics 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.

WT Microelectronics Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=98038.3565 / 192651.373
=0.51

* 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.


WT Microelectronics Co Days Inventory Related Terms

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


WT Microelectronics Co (TPE:3036) Business Description

Traded in Other Exchanges
Address
No. 738, Zhongzheng Road, 235th Floor, Zhonghe District, New Taipei, TWN, 235
WT Microelectronics Co Ltd develops and sells electronic and communication components. Supply chain management services are offered to vendors and customers primarily in China, but the company does contract business from other Asia Pacific countries. The majority of revenue is derived from clients in the communication, computing, and consumer markets. The company depends on a host of marketing and sales channels to help deliver value-add technical support, explore component application opportunities, and facilitate product development timelines. WT Microelectronics aims to co-define the product marketing strategy with upstream vendors and reduce the research and development pipeline for downstream clients.

WT Microelectronics Co (TPE:3036) Headlines

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