Orient Semiconductor Electronics (TPE:2329) Inventory Turnover : 2.11 (As of Mar. 2024)

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What is Orient Semiconductor Electronics 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. Orient Semiconductor Electronics's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$3,349 Mil. Orient Semiconductor Electronics's Average Total Inventories for the quarter that ended in Mar. 2024 was NT$1,588 Mil. Orient Semiconductor Electronics's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Orient Semiconductor Electronics's Days Inventory for the three months ended in Mar. 2024 was 43.26.

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. Orient Semiconductor Electronics's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.38.

Orient Semiconductor Electronics Inventory Turnover Historical Data

The historical data trend for Orient Semiconductor Electronics'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.
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Orient Semiconductor Electronics Inventory Turnover Chart

Orient Semiconductor Electronics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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11.17

11.00

8.77

7.14

7.82

Orient Semiconductor Electronics 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															1.76	2.04	2.23	2.22	2.11

Orient Semiconductor Electronics Inventory Turnover Calculation

Orient Semiconductor Electronics'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 )
=	13375.136	/ (	(1818.028	+	1604.909)	/	2 )
=	13375.136	/	1711.4685
=	7.82

Orient Semiconductor Electronics'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 )
=	3349.402	/ (	(1604.909	+	1571.064)	/	2 )
=	3349.402	/	1587.9865
=	2.11

Orient Semiconductor Electronics (TPE:2329) 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.

Orient Semiconductor Electronics'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
	=	1587.9865	/	3349.402	*	365 / 4
	=	43.26

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.

Orient Semiconductor Electronics'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 )
	=	1587.9865	/	4176.029
	=	0.38

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.

Orient Semiconductor Electronics Inventory Turnover Related Terms

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Orient Semiconductor Electronics (TPE:2329) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Orient Semiconductor Electronics Ltd (TPE:2329) » Definitions » Inventory Turnover

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Address

No. 9 Central 3rd Street, Nanzi Processing Export Zone, Kaohsiung, TWN, 811

Website

https://www.ose.com.tw

Orient Semiconductor Electronics Ltd is a Taiwanese producer of integrated circuit packaging. The company offers full turnkey solutions in diverse IC packaging and testing with applications in consumer electronics, telecommunications networks, automotive electronics, computers, communications, networks, industrial controllers, digital cameras, and commercial products.

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