MacroWell OMG Digital Entertainment Co (ROCO:3687) Inventory Turnover : 16,207.67 (As of Mar. 2024)

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What is MacroWell OMG Digital Entertainment Co 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. MacroWell OMG Digital Entertainment Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$243 Mil. MacroWell OMG Digital Entertainment Co's Average Total Inventories for the quarter that ended in Mar. 2024 was NT$0 Mil. MacroWell OMG Digital Entertainment Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 16,207.67.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MacroWell OMG Digital Entertainment Co's Days Inventory for the three months ended in Mar. 2024 was 0.01.

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. MacroWell OMG Digital Entertainment Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

MacroWell OMG Digital Entertainment Co Inventory Turnover Historical Data

The historical data trend for MacroWell OMG Digital Entertainment Co'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.

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MacroWell OMG Digital Entertainment Co Inventory Turnover Chart

MacroWell OMG Digital Entertainment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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5,189.90

24,741.07

59,256.45

62,640.67

63,565.80

MacroWell OMG Digital Entertainment Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															15,719.13	15,262.93	16,014.00	16,569.73	16,207.67

MacroWell OMG Digital Entertainment Co Inventory Turnover Calculation

MacroWell OMG Digital Entertainment Co's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	953.487	/ (	(0.015	+	0.015)	/	2 )
=	953.487	/	0.015
=	63,565.80

MacroWell OMG Digital Entertainment Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	243.115	/ (	(0.015	+	0.015)	/	2 )
=	243.115	/	0.015
=	16,207.67

MacroWell OMG Digital Entertainment Co (ROCO:3687) 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.

MacroWell OMG Digital Entertainment 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
	=	0.015	/	243.115	*	365 / 4
	=	0.01

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.

MacroWell OMG Digital Entertainment Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	0.015	/	414.016
	=	0.00

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.

MacroWell OMG Digital Entertainment Co Inventory Turnover Related Terms

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MacroWell OMG Digital Entertainment Co (ROCO:3687) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » MacroWell OMG Digital Entertainment Co (ROCO:3687) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

No. 19-2, Sanchong Road, 7th Floor, Building D, Nangang District, Taipei, TWN

Website

https://game.omg.com.tw

MacroWell OMG Digital Entertainment Co is a Taiwan-based company. It is engages in the development of online game software in Taiwan. The organization is also involved in the operation of a gaming platform; and the distribution of game-related goods and peripherals.

MacroWell OMG Digital Entertainment Co (ROCO:3687) Headlines

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