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Alpha Imaging Technology (ROCO:3538) Inventory Turnover : 3.40 (As of Dec. 2014)


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What is Alpha Imaging Technology Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Alpha Imaging Technology's Cost of Goods Sold for the six months ended in Dec. 2014 was NT$232.9 Mil. Alpha Imaging Technology's Average Total Inventories for the quarter that ended in Dec. 2014 was NT$68.4 Mil. Alpha Imaging Technology's Inventory Turnover for the quarter that ended in Dec. 2014 was 3.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Alpha Imaging Technology's Days Inventory for the six months ended in Dec. 2014 was 53.62.

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. Alpha Imaging Technology's Inventory-to-Revenue for the quarter that ended in Dec. 2014 was 0.17.


Alpha Imaging Technology Inventory Turnover Historical Data

The historical data trend for Alpha Imaging Technology's Inventory Turnover 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.

Alpha Imaging Technology Inventory Turnover Chart

Alpha Imaging Technology Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Inventory Turnover
Get a 7-Day Free Trial 9.31 - 6.16 6.20 5.63

Alpha Imaging Technology Semi-Annual Data
Jun10 Dec10 Jun11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14
Inventory Turnover Get a 7-Day Free Trial Premium Member Only 2.57 3.14 2.47 2.29 3.40

Alpha Imaging Technology Inventory Turnover Calculation

Alpha Imaging Technology's Inventory Turnover for the fiscal year that ended in Dec. 2014 is calculated as

Inventory Turnover (A: Dec. 2014 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2014 ) / ((Total Inventories (A: Dec. 2013 ) + Total Inventories (A: Dec. 2014 )) / count )
=398.041 / ((74.447 + 66.88) / 2 )
=398.041 / 70.6635
=5.63

Alpha Imaging Technology's Inventory Turnover for the quarter that ended in Dec. 2014 is calculated as

Inventory Turnover (Q: Dec. 2014 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2014 ) / ((Total Inventories (Q: Jun. 2014 ) + Total Inventories (Q: Dec. 2014 )) / count )
=232.868 / ((69.954 + 66.88) / 2 )
=232.868 / 68.417
=3.40

* 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.


Alpha Imaging Technology  (ROCO:3538) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Alpha Imaging Technology's Days Inventory for the six months ended in Dec. 2014 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2014 )/Cost of Goods Sold (Q: Dec. 2014 )*Days in Period
=68.417/232.868*365 / 2
=53.62

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.

Alpha Imaging Technology's Inventory to Revenue for the quarter that ended in Dec. 2014 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2014 ) / Revenue (Q: Dec. 2014 )
=68.417 / 413.508
=0.17

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Alpha Imaging Technology Inventory Turnover Related Terms

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Alpha Imaging Technology (ROCO:3538) Business Description

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Alpha Imaging Technology Corp. operates as an integrated chip fabless design company. It offers integrated mobile multimedia processors and image signal processing products for camera phones and multimedia phones.

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