Transtech Optelecom Science Holdings (HKSE:09963) Inventory Turnover : 1.16 (As of Dec. 2023)

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What is Transtech Optelecom Science Holdings 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. Transtech Optelecom Science Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$69.1 Mil. Transtech Optelecom Science Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$59.6 Mil. Transtech Optelecom Science Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.16.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Transtech Optelecom Science Holdings's Days Inventory for the six months ended in Dec. 2023 was 157.55.

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. Transtech Optelecom Science Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.84.

Transtech Optelecom Science Holdings Inventory Turnover Historical Data

The historical data trend for Transtech Optelecom Science Holdings'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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Transtech Optelecom Science Holdings Inventory Turnover Chart

Transtech Optelecom Science Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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3.43

4.09

2.51

3.13

2.68

Transtech Optelecom Science Holdings Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial													1.13	1.48	2.01	1.45	1.16

Transtech Optelecom Science Holdings Inventory Turnover Calculation

Transtech Optelecom Science Holdings'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 )
=	156.743	/ (	(59.51	+	57.495)	/	2 )
=	156.743	/	58.5025
=	2.68

Transtech Optelecom Science Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	69.05	/ (	(61.722	+	57.495)	/	2 )
=	69.05	/	59.6085
=	1.16

Transtech Optelecom Science Holdings (HKSE:09963) 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.

Transtech Optelecom Science Holdings's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	59.6085	/	69.05	*	365 / 2
	=	157.55

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.

Transtech Optelecom Science Holdings's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	59.6085	/	71.252
	=	0.84

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.

Transtech Optelecom Science Holdings Inventory Turnover Related Terms

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Transtech Optelecom Science Holdings (HKSE:09963) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Transtech Optelecom Science Holdings Ltd (HKSE:09963) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

No. 3 Dai Kwai Street, Tai Po Industrial Estate, Tai Po, New Territories, Hong Kong, HKG

Website

http://www.transtechoptel.com

Transtech Optelecom Science Holdings Ltd is a part of the telecommunication industry. The company has two segments namely Optical fibre cables, optical cable cores and other related products, which is located in Thailand; and Optical fibres, which is located in Hong Kong. Majority of the revenue is earned from Thailand.

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