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Copartner Technology (TPE:3550) Days Inventory : 42.70 (As of Mar. 2024)


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What is Copartner Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Copartner Technology's Average Total Inventories for the three months ended in Mar. 2024 was NT$304 Mil. Copartner Technology's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$649 Mil. Hence, Copartner Technology's Days Inventory for the three months ended in Mar. 2024 was 42.70.

The historical rank and industry rank for Copartner Technology's Days Inventory or its related term are showing as below:

TPE:3550' s Days Inventory Range Over the Past 10 Years
Min: 33.89   Med: 37.89   Max: 48.71
Current: 48.71

During the past 13 years, Copartner Technology's highest Days Inventory was 48.71. The lowest was 33.89. And the median was 37.89.

TPE:3550's Days Inventory is ranked better than
89.15% of 2912 companies
in the Industrial Products industry
Industry Median: 120.82 vs TPE:3550: 48.71

Copartner Technology's Days Inventory increased from Dec. 2022 (35.83) to Mar. 2024 (42.70). It might indicate that Copartner Technology's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Copartner Technology's Inventory Turnover for the three months ended in Mar. 2024 was 2.14.

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. Copartner Technology's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.40.


Copartner Technology Days Inventory Historical Data

The historical data trend for Copartner Technology'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.

Copartner Technology Days Inventory Chart

Copartner Technology Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.96 39.17 41.98 36.15 39.29

Copartner Technology Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 35.83 39.99 36.14 30.30 42.70

Competitive Comparison of Copartner Technology's Days Inventory

For the Electrical Equipment & Parts subindustry, Copartner Technology'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.


Copartner Technology's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Copartner Technology's Days Inventory distribution charts can be found below:

* The bar in red indicates where Copartner Technology's Days Inventory falls into.



Copartner Technology Days Inventory Calculation

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

Copartner Technology's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (429.851 + 334.179) / 2 ) / 3549.042*365
=382.015 / 3549.042*365
=39.29

Copartner Technology'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: Sep. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (295.375 + 311.881) / 2 ) / 648.864*365 / 4
=303.628 / 648.864*365 / 4
=42.70

* 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.


Copartner Technology  (TPE:3550) 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.

Copartner Technology'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.

Copartner Technology'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.


Copartner Technology Days Inventory Related Terms

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


Copartner Technology (TPE:3550) Business Description

Traded in Other Exchanges
N/A
Address
No. 16, Jianba Road, 4th Floor, Zhonghe District, New Taipei City, TWN, 235
Copartner Technology Corp manufactures cable and wire products. It supplies products for the information, communications, and electronics industries. The company mainly engaged in three production and sales segments which include signal transmission wires and wire sets, plastic pellets, and others. The majority of the revenue derives from the signal transmission wires and wire sets segment. It operates in Europe, America, Australia, Japan, and South-East Asia.

Copartner Technology (TPE:3550) Headlines

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