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Flexium Interconnect (TPE:6269) Inventory Turnover : 1.60 (As of Mar. 2024)


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What is Flexium Interconnect 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. Flexium Interconnect's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$6,187 Mil. Flexium Interconnect's Average Total Inventories for the quarter that ended in Mar. 2024 was NT$3,863 Mil. Flexium Interconnect's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.60.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Flexium Interconnect's Days Inventory for the three months ended in Mar. 2024 was 56.97.

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. Flexium Interconnect's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.57.


Flexium Interconnect Inventory Turnover Historical Data

The historical data trend for Flexium Interconnect'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.

Flexium Interconnect Inventory Turnover Chart

Flexium Interconnect Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.64 7.61 6.44 6.62 6.41

Flexium Interconnect 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.71 1.94 1.79 1.82 1.60

Flexium Interconnect Inventory Turnover Calculation

Flexium Interconnect'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 )
=27875.335 / ((4838.714 + 3857.923) / 2 )
=27875.335 / 4348.3185
=6.41

Flexium Interconnect'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 )
=6187.487 / ((3857.923 + 3868.659) / 2 )
=6187.487 / 3863.291
=1.60

* 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.


Flexium Interconnect  (TPE:6269) 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.

Flexium Interconnect'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
=3863.291/6187.487*365 / 4
=56.97

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.

Flexium Interconnect'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 )
=3863.291 / 6788.405
=0.57

* 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.


Flexium Interconnect Inventory Turnover Related Terms

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Flexium Interconnect (TPE:6269) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Shangfa 5th Road, Hefa Industrial Park, Daliao District, Kaohsiung, TWN, 831132
Flexium Interconnect Inc operates in manufacturing and sale of flexible PCBs. The company has a business presence in Asia, Europe, America, Taiwan and China.

Flexium Interconnect (TPE:6269) Headlines

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