Chen Full International Co (ROCO:8383) Inventory Turnover : 0.69 (As of Mar. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Chen Full International 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. Chen Full International Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$429 Mil. Chen Full International Co's Average Total Inventories for the quarter that ended in Mar. 2024 was NT$619 Mil. Chen Full International Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.69.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Chen Full International Co's Days Inventory for the three months ended in Mar. 2024 was 131.83.

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. Chen Full International Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.01.

Chen Full International Co Inventory Turnover Historical Data

The historical data trend for Chen Full International 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.

* Premium members only.

Chen Full International Co Inventory Turnover Chart

Chen Full International Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

Get a 7-Day Free Trial

3.85

4.07

4.81

4.70

Chen Full International Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															1.18	0.97	0.81	0.70	0.69

Chen Full International Co Inventory Turnover Calculation

Chen Full International Co's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	3156.096	/ (	(647.57	+	695.165)	/	2 )
=	3156.096	/	671.3675
=	4.70

Chen Full International 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: Sep. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	428.628	/ (	(592.17	+	646.333)	/	2 )
=	428.628	/	619.2515
=	0.69

Chen Full International Co (ROCO:8383) 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.

Chen Full International 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
	=	619.2515	/	428.628	*	365 / 4
	=	131.83

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.

Chen Full International 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 )
	=	619.2515	/	612.919
	=	1.01

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.

Chen Full International Co Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Chen Full International Co's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Chen Full International Co (ROCO:8383) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Chen Full International Co Ltd (ROCO:8383) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 99, Nankan Road, 9th Floor, Section 1, Luzhu District, Taoyuan, TWN, 33859

Website

https://www.chenfull.com.tw

Chen Full International Co Ltd is engaged in semiconductor control equipment system engineering; buying, selling, designing, manufacturing, and constructing cleanroom, ultrapure water equipment pipelines, and various chemical engineering equipment; manufacturing and trading of various hydraulic, mechanical parts, factory engineering pipeline materials, and precision molds; design planning of machinery and equipment for entire shoe factories and the manufacturing, processing, and trading of related material products; as well as the manufacturing and trading of various aircraft equipment.

Chen Full International Co (ROCO:8383) Headlines

No Headlines