GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ta Liang Technology Co Ltd (TPE:3167) » Definitions » Inventory-to-Revenue

Ta Liang Technology Co (TPE:3167) Inventory-to-Revenue : 2.07 (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Ta Liang 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. Ta Liang Technology Co's Average Total Inventories for the quarter that ended in Mar. 2024 was NT$824 Mil. Ta Liang Technology Co's Revenue for the three months ended in Mar. 2024 was NT$399 Mil. Ta Liang Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.07.

Ta Liang Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (1.84) to Dec. 2023 (2.07)

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. Ta Liang Technology Co's Days Inventory for the three months ended in Mar. 2024 was 226.49.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ta Liang Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.40.


Ta Liang Technology Co Inventory-to-Revenue Historical Data

The historical data trend for Ta Liang 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.

Ta Liang Technology Co Inventory-to-Revenue Chart

Ta Liang Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.47 0.32 0.51 0.72

Ta Liang Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory-to-Revenue 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 3.73 3.43 2.85 1.84 2.07

Competitive Comparison of Ta Liang Technology Co's Inventory-to-Revenue

For the Specialty Industrial Machinery subindustry, Ta Liang 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.


Ta Liang Technology Co's Inventory-to-Revenue Distribution in the Industrial Products Industry

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

* The bar in red indicates where Ta Liang Technology Co's Inventory-to-Revenue falls into.



Ta Liang 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.

Ta Liang 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 )
=( (1013.17 + 840.569) / 2 ) / 1292.276
=926.8695 / 1292.276
=0.72

Ta Liang Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (840.569 + 807.388) / 2 ) / 398.811
=823.9785 / 398.811
=2.07

* 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.


Ta Liang Technology Co  (TPE:3167) 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.

Ta Liang Technology Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=823.9785/331.973*365 / 4
=226.49

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

Ta Liang Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=331.973 / 823.9785
=0.40

* 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.


Ta Liang Technology Co Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Ta Liang Technology Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Ta Liang Technology Co (TPE:3167) Business Description

Traded in Other Exchanges
N/A
Address
No 49, Youlian Street, Ruifeng Village, Bade District, Taoyuan, TWN
Ta Liang Technology Co Ltd is a manufacturer and seller of machine design and mold design. It is engaged in manufacturing of PCB (Printed Circuit Board) equipment and CNC (Computer Numerically Controlled) engraving & milling machine. The main income of the Company and its subsidiaries comes from the design, manufacturing, and processing of various CNC machinery and equipment for customers. It provides PCB molding, drilling, sheet cutting, glass panel processing and other special machinery. Its products include PCB routing machine, PCB drilling machine, resin panel cutter.

Ta Liang Technology Co (TPE:3167) Headlines

No Headlines