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Tien Li Offshore Wind Technology Co (ROCO:6793) Inventory-to-Revenue : 0.04 (As of Jun. 2024)


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What is Tien Li Offshore Wind Technology Co Inventory-to-Revenue?

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. Tien Li Offshore Wind Technology Co's Average Total Inventories for the quarter that ended in Jun. 2024 was NT$27 Mil. Tien Li Offshore Wind Technology Co's Revenue for the six months ended in Jun. 2024 was NT$652 Mil. Tien Li Offshore Wind Technology Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.04.

Tien Li Offshore Wind Technology Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 increased from Dec. 2023 (0.04) to Dec. 2023 (0.04)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tien Li Offshore Wind Technology Co's Days Inventory for the six months ended in Jun. 2024 was 11.04.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tien Li Offshore Wind Technology Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 16.53.


Tien Li Offshore Wind Technology Co Inventory-to-Revenue Historical Data

The historical data trend for Tien Li Offshore Wind Technology Co's Inventory-to-Revenue 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.

Tien Li Offshore Wind Technology Co Inventory-to-Revenue Chart

Tien Li Offshore Wind Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial - - - 0.04 0.02

Tien Li Offshore Wind Technology Co Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 0.06 0.05 0.04 0.04

Competitive Comparison of Tien Li Offshore Wind Technology Co's Inventory-to-Revenue

For the Specialty Industrial Machinery subindustry, Tien Li Offshore Wind Technology Co's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.


Tien Li Offshore Wind Technology Co's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tien Li Offshore Wind Technology Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Tien Li Offshore Wind Technology Co's Inventory-to-Revenue falls into.



Tien Li Offshore Wind Technology Co Inventory-to-Revenue Calculation

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.

Tien Li Offshore Wind Technology Co's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (22.505 + 29.685) / 2 ) / 1088.756
=26.095 / 1088.756
=0.02

Tien Li Offshore Wind Technology Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue (Q: Jun. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Revenue (Q: Jun. 2024 )
=( (29.685 + 24.458) / 2 ) / 651.826
=27.0715 / 651.826
=0.04

* 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.


Tien Li Offshore Wind Technology Co  (ROCO:6793) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Tien Li Offshore Wind Technology Co's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=27.0715/447.559*365 / 2
=11.04

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Tien Li Offshore Wind Technology Co's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2024 ) / Average Total Inventories (Q: Jun. 2024 )
=447.559 / 27.0715
=16.53

* 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.


Tien Li Offshore Wind Technology Co Inventory-to-Revenue Related Terms

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Tien Li Offshore Wind Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Minsheng East Road, 3rd Floor, No. 131, Section 3, Songshan District, Taipei, TWN, 10596
Tien Li Offshore Wind Technology Co Ltd specializes in the development and production of wind turbine blades, nacelle covers and molds, as well as blade performance improvement and blade maintenance.

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