Crystalwise Technology (ROCO:4944) Inventory Turnover : 3.00 (As of Jun. 2023)

View and export this data going back to 2011. Start your Free Trial

What is Crystalwise Technology 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. Crystalwise Technology's Cost of Goods Sold for the three months ended in Jun. 2023 was NT$40.5 Mil. Crystalwise Technology's Average Total Inventories for the quarter that ended in Jun. 2023 was NT$13.5 Mil. Crystalwise Technology's Inventory Turnover for the quarter that ended in Jun. 2023 was 3.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Crystalwise Technology's Days Inventory for the three months ended in Jun. 2023 was 30.38.

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. Crystalwise Technology's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.66.

Crystalwise Technology Inventory Turnover Historical Data

The historical data trend for Crystalwise Technology'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.

Crystalwise Technology Inventory Turnover Chart

Crystalwise Technology Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

Get a 7-Day Free Trial

5.36

4.25

4.46

7.07

5.52

Crystalwise Technology Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Inventory Turnover	Get a 7-Day Free Trial															1.25	0.84	0.74	1.04	3.00

Crystalwise Technology Inventory Turnover Calculation

Crystalwise Technology'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 )
=	385.977	/ (	(62.227	+	77.682)	/	2 )
=	385.977	/	69.9545
=	5.52

Crystalwise Technology's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

	Inventory Turnover (Q: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2023 )	/ (	(Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )
=	40.499	/ (	(13.946	+	13.02)	/	2 )
=	40.499	/	13.483
=	3.00

Crystalwise Technology (ROCO:4944) 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.

Crystalwise Technology's Days Inventory for the three months ended in Jun. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2023 )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
	=	13.483	/	40.499	*	365 / 4
	=	30.38

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.

Crystalwise Technology's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	13.483	/	20.366
	=	0.66

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.

Crystalwise Technology Inventory Turnover Related Terms

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

Crystalwise Technology (ROCO:4944) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Crystalwise Technology Inc (ROCO:4944) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.8, Ke bei 5th Road, Chunan Science Park, Chunan, Miaoli County, TWN, 35053

Website

http://www.crystalwise.com.tw

Crystalwise Technology Inc is a manufacturer of hard substrate in Taiwan. The company manufactures silicon and other crystal material wafers. Its product portfolio consists of saw substrates, including lithium niobate wafer, lithium tantlate wafer, and quartz wafer. The company's products used in the semiconductor, optoelectronics, optical fiber communications, wireless communications, and other industries.

Crystalwise Technology (ROCO:4944) Headlines

No Headlines