Value Valves Co (ROCO:4580) Inventory Turnover : 0.51 (As of Mar. 2024)

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What is Value Valves 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. Value Valves Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$355 Mil. Value Valves Co's Average Total Inventories for the quarter that ended in Mar. 2024 was NT$703 Mil. Value Valves Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.51.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Value Valves Co's Days Inventory for the three months ended in Mar. 2024 was 180.64.

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. Value Valves Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.25.

Value Valves Co Inventory Turnover Historical Data

The historical data trend for Value Valves 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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Value Valves Co Inventory Turnover Chart

Value Valves Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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2.19

2.84

2.56

1.96

2.04

Value Valves 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															0.45	0.58	0.59	0.49	0.51

Value Valves Co Inventory Turnover Calculation

Value Valves 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 )
=	1773.553	/ (	(1035.443	+	700.148)	/	2 )
=	1773.553	/	867.7955
=	2.04

Value Valves 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 )
=	355.34	/ (	(700.148	+	706.711)	/	2 )
=	355.34	/	703.4295
=	0.51

Value Valves Co (ROCO:4580) 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.

Value Valves 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
	=	703.4295	/	355.34	*	365 / 4
	=	180.64

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.

Value Valves 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 )
	=	703.4295	/	561.555
	=	1.25

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.

Value Valves Co Inventory Turnover Related Terms

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Value Valves Co (ROCO:4580) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Value Valves Co Ltd (ROCO:4580) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Chung-Shan Road, Tu-Chung Industrial District, New Taipei City, TWN, 236

Website

http://www.valuevalves.com

Value Valves Co Ltd is a Taiwan based company engaged in the development, design, manufacture, inspection and marketing of a different variety of valves. Its product offerings include butterfly valves, check valves, damper valves, ball valves, globe valves, gate valves, gear box control, pneumatic control, hydraulic control, electric control and customized valves. The company exports its products to the United States, Japan, Europe, Oceania and other advanced industrial and regions. Its products are widely used in petroleum and petrochemical products, steel, shipbuilding, energy. water treatment, paper, air-conditioning, electronic and other industrial fields.

Value Valves Co (ROCO:4580) Headlines

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