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Kaori Heat Treatment Co (TPE:8996) Days Inventory : 180.23 (As of Mar. 2024)


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What is Kaori Heat Treatment Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kaori Heat Treatment Co's Average Total Inventories for the three months ended in Mar. 2024 was NT$1,155 Mil. Kaori Heat Treatment Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$585 Mil. Hence, Kaori Heat Treatment Co's Days Inventory for the three months ended in Mar. 2024 was 180.23.

The historical rank and industry rank for Kaori Heat Treatment Co's Days Inventory or its related term are showing as below:

TPE:8996' s Days Inventory Range Over the Past 10 Years
Min: 108.86   Med: 134.68   Max: 155.67
Current: 151.44

During the past 13 years, Kaori Heat Treatment Co's highest Days Inventory was 155.67. The lowest was 108.86. And the median was 134.68.

TPE:8996's Days Inventory is ranked worse than
62.73% of 2911 companies
in the Industrial Products industry
Industry Median: 120.21 vs TPE:8996: 151.44

Kaori Heat Treatment Co's Days Inventory increased from Mar. 2023 (162.50) to Mar. 2024 (180.23). It might indicate that Kaori Heat Treatment Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kaori Heat Treatment Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.51.

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. Kaori Heat Treatment Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.45.


Kaori Heat Treatment Co Days Inventory Historical Data

The historical data trend for Kaori Heat Treatment 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.

Kaori Heat Treatment Co Days Inventory Chart

Kaori Heat Treatment 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 133.97 135.48 130.93 155.67 142.06

Kaori Heat Treatment Co 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 162.50 127.86 149.55 168.48 180.23

Competitive Comparison of Kaori Heat Treatment Co's Days Inventory

For the Specialty Industrial Machinery subindustry, Kaori Heat Treatment 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.


Kaori Heat Treatment Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kaori Heat Treatment Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kaori Heat Treatment Co's Days Inventory falls into.



Kaori Heat Treatment Co Days Inventory Calculation

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

Kaori Heat Treatment 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
=( (1179.812 + 1234.668) / 2 ) / 3101.722*365
=1207.24 / 3101.722*365
=142.06

Kaori Heat Treatment Co'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
=( (1234.668 + 1075.221) / 2 ) / 584.73*365 / 4
=1154.9445 / 584.73*365 / 4
=180.23

* 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.


Kaori Heat Treatment Co  (TPE:8996) 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.

Kaori Heat Treatment Co'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.

Kaori Heat Treatment Co'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.


Kaori Heat Treatment Co Days Inventory Related Terms

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


Kaori Heat Treatment Co (TPE:8996) Business Description

Traded in Other Exchanges
N/A
Address
No. 5-2, Chi-Lin North Road, Chung-Li Industrial District, Taoyuan City, TWN
Kaori Heat Treatment Co Ltd is engaged in producing mechanical hardware, processing fabricated metals, and heat exchange products, as well as the manufacturing and developing of thermal products.

Kaori Heat Treatment Co (TPE:8996) Headlines

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