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World Known MFG (Cayman) (TPE:4581) Days Inventory : 122.16 (As of Mar. 2024)


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What is World Known MFG (Cayman) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). World Known MFG (Cayman)'s Average Total Inventories for the three months ended in Mar. 2024 was NT$259 Mil. World Known MFG (Cayman)'s Cost of Goods Sold for the three months ended in Mar. 2024 was NT$194 Mil. Hence, World Known MFG (Cayman)'s Days Inventory for the three months ended in Mar. 2024 was 122.16.

The historical rank and industry rank for World Known MFG (Cayman)'s Days Inventory or its related term are showing as below:

TPE:4581' s Days Inventory Range Over the Past 10 Years
Min: 108.4   Med: 126.6   Max: 144.84
Current: 122.44

During the past 7 years, World Known MFG (Cayman)'s highest Days Inventory was 144.84. The lowest was 108.40. And the median was 126.60.

TPE:4581's Days Inventory is ranked worse than
75.02% of 1253 companies
in the Vehicles & Parts industry
Industry Median: 80.85 vs TPE:4581: 122.44

World Known MFG (Cayman)'s Days Inventory declined from Mar. 2023 (129.98) to Mar. 2024 (122.16).

Inventory Turnover measures how fast the company turns over its inventory within a year. World Known MFG (Cayman)'s Inventory Turnover for the three months ended in Mar. 2024 was 0.75.

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. World Known MFG (Cayman)'s Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.92.


World Known MFG (Cayman) Days Inventory Historical Data

The historical data trend for World Known MFG (Cayman)'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.

World Known MFG (Cayman) Days Inventory Chart

World Known MFG (Cayman) Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 113.03 122.34 126.60 144.84 127.01

World Known MFG (Cayman) 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 129.98 124.89 123.19 120.54 122.16

Competitive Comparison of World Known MFG (Cayman)'s Days Inventory

For the Auto Parts subindustry, World Known MFG (Cayman)'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.


World Known MFG (Cayman)'s Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, World Known MFG (Cayman)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where World Known MFG (Cayman)'s Days Inventory falls into.



World Known MFG (Cayman) Days Inventory Calculation

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

World Known MFG (Cayman)'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
=( (299.748 + 262.456) / 2 ) / 807.823*365
=281.102 / 807.823*365
=127.01

World Known MFG (Cayman)'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
=( (262.456 + 256.373) / 2 ) / 193.769*365 / 4
=259.4145 / 193.769*365 / 4
=122.16

* 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.


World Known MFG (Cayman)  (TPE:4581) 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.

World Known MFG (Cayman)'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.

World Known MFG (Cayman)'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.


World Known MFG (Cayman) Days Inventory Related Terms

Thank you for viewing the detailed overview of World Known MFG (Cayman)'s Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


World Known MFG (Cayman) (TPE:4581) Business Description

Traded in Other Exchanges
N/A
Address
Oleander Way, 802 West Bay Road, The Grand Pavilion Commercial Centre, P.O. Box 32052, Grand Cayman, CYM, KYI-1208
World Known MFG (Cayman) Ltd is engaged in the design, engineering, and manufacturing of the global automotive industry and industrial metal parts. The product portfolio includes Automotive brakes, brake disks, brake drums, etc. Its products have applications in Commercial vehicles, Green energy, Construction machinery, agriculture machinery, and other industrial machinery. The majority of the revenue is generated from the sale of Automotive parts. The company's geographical segments include America, Asia, and other countries.

World Known MFG (Cayman) (TPE:4581) Headlines

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