Thunder Tiger (TPE:8033) Days Inventory : 346.86 (As of Mar. 2024)

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What is Thunder Tiger Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Thunder Tiger's Average Total Inventories for the three months ended in Mar. 2024 was NT$602 Mil. Thunder Tiger's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$158 Mil. Hence, Thunder Tiger's Days Inventory for the three months ended in Mar. 2024 was 346.86.

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

TPE:8033' s Days Inventory Range Over the Past 10 Years
Min: 190.24 Med: 229.73 Max: 351.35
Current: 350.82

During the past 13 years, Thunder Tiger's highest Days Inventory was 351.35. The lowest was 190.24. And the median was 229.73.

TPE:8033's Days Inventory is ranked worse than
92.12% of 673 companies
in the Travel & Leisure industry
Industry Median: 36 vs TPE:8033: 350.82

Thunder Tiger's Days Inventory increased from Mar. 2023 (337.43) to Mar. 2024 (346.86). It might indicate that Thunder Tiger's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Thunder Tiger's Inventory Turnover for the three months ended in Mar. 2024 was 0.26.

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. Thunder Tiger's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.10.

Thunder Tiger Days Inventory Historical Data

The historical data trend for Thunder Tiger'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.

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Thunder Tiger Days Inventory Chart

Thunder Tiger Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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228.35

215.66

202.97

276.10

351.35

Thunder Tiger 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															337.43	322.65	348.81	388.70	346.86

Competitive Comparison of Thunder Tiger's Days Inventory

For the Leisure subindustry, Thunder Tiger'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.

Thunder Tiger's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Thunder Tiger's Days Inventory distribution charts can be found below:

* The bar in red indicates where Thunder Tiger's Days Inventory falls into.

Thunder Tiger Days Inventory Calculation

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

Thunder Tiger'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
=	( (554.07	+	589.758)	/	2 )	/	594.129	*	365
=	571.914					/	594.129	*	365
=	351.35

Thunder Tiger'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
=	( (589.758	+	613.891)	/	2 )	/	158.325	*	365 / 4
=	601.8245					/	158.325	*	365 / 4
=	346.86

Thunder Tiger (TPE:8033) 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.

Thunder Tiger's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	158.325	/	601.8245
	=	0.26

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.

Thunder Tiger's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	601.8245	/	286.426
	=	2.10

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.

Thunder Tiger Days Inventory Related Terms

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

Thunder Tiger (TPE:8033) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Thunder Tiger Corp (TPE:8033) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.7, 6th Road, Industry Park, Taichung, TWN, 40755

Website

https://www.thundertiger.com

Thunder Tiger Corp is a Taiwan-based company engaged in the manufacturing and selling of remote-controlled planes, helicopters, cars, boats, engine parts, and medical devices. The company has a presence in the USA, Taiwan, and others.

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