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Shih Wei Navigation Co (TPE:5608) Days Inventory : 15.15 (As of Dec. 2023)


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What is Shih Wei Navigation Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shih Wei Navigation Co's Average Total Inventories for the three months ended in Dec. 2023 was NT$126 Mil. Shih Wei Navigation Co's Cost of Goods Sold for the three months ended in Dec. 2023 was NT$760 Mil. Hence, Shih Wei Navigation Co's Days Inventory for the three months ended in Dec. 2023 was 15.15.

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

TPE:5608' s Days Inventory Range Over the Past 10 Years
Min: 16.2   Med: 21.7   Max: 23.07
Current: 16.2

During the past 13 years, Shih Wei Navigation Co's highest Days Inventory was 23.07. The lowest was 16.20. And the median was 21.70.

TPE:5608's Days Inventory is ranked worse than
60.69% of 781 companies
in the Transportation industry
Industry Median: 11.4 vs TPE:5608: 16.20

Shih Wei Navigation Co's Days Inventory declined from Dec. 2022 (22.07) to Dec. 2023 (15.15).

Inventory Turnover measures how fast the company turns over its inventory within a year. Shih Wei Navigation Co's Inventory Turnover for the three months ended in Dec. 2023 was 6.02.

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. Shih Wei Navigation Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.15.


Shih Wei Navigation Co Days Inventory Historical Data

The historical data trend for Shih Wei Navigation 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.

Shih Wei Navigation Co Days Inventory Chart

Shih Wei Navigation 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 21.85 22.37 19.34 18.55 17.38

Shih Wei Navigation Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 22.07 17.68 15.71 14.87 15.15

Competitive Comparison of Shih Wei Navigation Co's Days Inventory

For the Marine Shipping subindustry, Shih Wei Navigation 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.


Shih Wei Navigation Co's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Shih Wei Navigation Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shih Wei Navigation Co's Days Inventory falls into.



Shih Wei Navigation Co Days Inventory Calculation

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

Shih Wei Navigation 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
=( (196.994 + 119.594) / 2 ) / 3325.045*365
=158.294 / 3325.045*365
=17.38

Shih Wei Navigation Co's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (132.697 + 119.594) / 2 ) / 759.788*365 / 4
=126.1455 / 759.788*365 / 4
=15.15

* 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.


Shih Wei Navigation Co  (TPE:5608) 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.

Shih Wei Navigation Co's Inventory Turnover for the three months ended in Dec. 2023 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.

Shih Wei Navigation Co's Inventory to Revenue for the three months ended in Dec. 2023 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.


Shih Wei Navigation Co Days Inventory Related Terms

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


Shih Wei Navigation Co (TPE:5608) Business Description

Traded in Other Exchanges
N/A
Address
No. 167, Fusing North Road, 16th Floor, Song-Shan District, Taipei, TWN, 10547
Shih Wei Navigation Co Ltd is a Taiwan-based company, that engages in the provision of shipping-related services. Its business includes the international shipping industry, bulk carrier leasing, and cargo transportation of bulk timber, steel, and ores. Its shipping agency industries such as cargo handling, crew loan allocation, ship repair projects, marine materials, arrangements, and other projects. Its vessel type includes Panamax, Supramax, Handy, Multi-Purpose, and Log Carriers. The company's operating segment includes Shipping and Tourist. It generates maximum revenue from the Shipping segment. Geographically, it derives a majority of its revenue from Asia.

Shih Wei Navigation Co (TPE:5608) Headlines

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