Topco Technologies (ROCO:3388) Inventory Turnover : 1.69 (As of Mar. 2025)

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What is Topco Technologies 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. Topco Technologies's Cost of Goods Sold for the three months ended in Mar. 2025 was NT$1,460 Mil. Topco Technologies's Average Total Inventories for the quarter that ended in Mar. 2025 was NT$863 Mil. Topco Technologies's Inventory Turnover for the quarter that ended in Mar. 2025 was 1.69.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Topco Technologies's Days Inventory for the three months ended in Mar. 2025 was 53.93.

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. Topco Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.49.

Topco Technologies Inventory Turnover Historical Data

The historical data trend for Topco Technologies'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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Topco Technologies Inventory Turnover Chart

Topco Technologies Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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8.49

9.81

7.46

6.29

7.56

Topco Technologies Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Inventory Turnover	Get a 7-Day Free Trial															1.86	1.95	1.95	1.86	1.69

Topco Technologies Inventory Turnover Calculation

Topco Technologies's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	6296.225	/ (	(783.531	+	882.523)	/	2 )
=	6296.225	/	833.027
=	7.56

Topco Technologies's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

	Inventory Turnover (Q: Mar. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2025 )	/ (	(Total Inventories (Q: Dec. 2024 )	+	Total Inventories (Q: Mar. 2025 ))	/	count )
=	1459.844	/ (	(882.523	+	843.13)	/	2 )
=	1459.844	/	862.8265
=	1.69

Topco Technologies (ROCO:3388) 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.

Topco Technologies's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2025 )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
	=	862.8265	/	1459.844	*	365 / 4
	=	53.93

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.

Topco Technologies's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2025 )	/	Revenue (Q: Mar. 2025 )
	=	862.8265	/	1774.62
	=	0.49

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.

Topco Technologies Inventory Turnover Related Terms

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Topco Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Topco Technologies Corp (ROCO:3388) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

No.102, Sec. 4, Civic Boulevard, 14th Floor, Da-an District, Taipei, TWN, 10690

Website

https://www.topcocorp.com

Topco Technologies Corp is engaged in the import and export business of products related to chemical materials and business of general trading activities. Its products include silicone oil, cosmetic raw materials, silicone resin, organic silicone powder, conductive thermal material, grease, and sealant. The company also sells LED packaging materials and solar cell application materials. The company operates in three segments: Taipei Department, Overseas Department, and Taichung Department. he majority of its revenue is generated from the Overseas Department, which is responsible for the merchandising business of importing and exporting chemical material-related products according to different regions. Geographically, it operates in Taiwan and Mainland China.

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