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Waffer Technology (TPE:6235) Days Inventory : 76.86 (As of Mar. 2024)


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What is Waffer Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Waffer Technology's Average Total Inventories for the three months ended in Mar. 2024 was NT$966 Mil. Waffer Technology's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$1,147 Mil. Hence, Waffer Technology's Days Inventory for the three months ended in Mar. 2024 was 76.86.

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

TPE:6235' s Days Inventory Range Over the Past 10 Years
Min: 33.15   Med: 59.51   Max: 92.63
Current: 77.89

During the past 13 years, Waffer Technology's highest Days Inventory was 92.63. The lowest was 33.15. And the median was 59.51.

TPE:6235's Days Inventory is ranked better than
74.82% of 2911 companies
in the Industrial Products industry
Industry Median: 120.59 vs TPE:6235: 77.89

Waffer Technology's Days Inventory declined from Mar. 2023 (77.41) to Mar. 2024 (76.86).

Inventory Turnover measures how fast the company turns over its inventory within a year. Waffer Technology's Inventory Turnover for the three months ended in Mar. 2024 was 1.19.

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. Waffer Technology's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.62.


Waffer Technology Days Inventory Historical Data

The historical data trend for Waffer 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.

Waffer Technology Days Inventory Chart

Waffer Technology 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 58.28 79.98 92.63 88.91 79.89

Waffer Technology 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 77.41 76.50 80.65 78.17 76.86

Competitive Comparison of Waffer Technology's Days Inventory

For the Metal Fabrication subindustry, Waffer 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.


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

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

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



Waffer Technology Days Inventory Calculation

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

Waffer Technology'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
=( (801.401 + 939.225) / 2 ) / 3976.441*365
=870.313 / 3976.441*365
=79.89

Waffer 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: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (939.225 + 992.978) / 2 ) / 1146.979*365 / 4
=966.1015 / 1146.979*365 / 4
=76.86

* 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.


Waffer Technology  (TPE:6235) 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.

Waffer 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.

Waffer 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.


Waffer Technology Days Inventory Related Terms

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


Waffer Technology (TPE:6235) Business Description

Traded in Other Exchanges
N/A
Address
No.200 Wenhua 2nd Rd, Guishan Township, Taoyuan, TWN, 33377
Waffer Technology Corp is a Taiwan-based company, that engages in the manufacture and sale of magnesium alloy and aluminum alloy die-casting components and products. It is engaged in the provision of a light-metal solution of magnesium and aluminum alloy, mold and tooling research and development, magnesium alloy injection, magnesium die-casting, CNC, and painting and assembly of vertical integration OEM/ODM processing. It serves its services to medical, industrial, telecommunications, construction, automotive, sporting goods, aeronautical, transportation, national defense, and other industries.

Waffer Technology (TPE:6235) Headlines

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