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Ostin Technology Group Co (Ostin Technology Group Co) Inventory-to-Revenue : 0.66 (As of Sep. 2023)


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What is Ostin Technology Group Co Inventory-to-Revenue?

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. Ostin Technology Group Co's Average Total Inventories for the quarter that ended in Sep. 2023 was $15.31 Mil. Ostin Technology Group Co's Revenue for the six months ended in Sep. 2023 was $23.23 Mil. Ostin Technology Group Co's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.66.

Ostin Technology Group Co's Inventory-to-Revenue for the quarter that ended in Sep. 2023 increased from Mar. 2023 (0.46) to Mar. 2023 (0.66)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ostin Technology Group Co's Days Inventory for the six months ended in Sep. 2023 was 127.73.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ostin Technology Group Co's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.43.


Ostin Technology Group Co Inventory-to-Revenue Historical Data

The historical data trend for Ostin Technology Group Co's Inventory-to-Revenue 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.

Ostin Technology Group Co Inventory-to-Revenue Chart

Ostin Technology Group Co Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23
Inventory-to-Revenue
0.25 0.11 0.11 0.16 0.26

Ostin Technology Group Co Semi-Annual Data
Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only 0.22 0.32 0.39 0.46 0.66

Competitive Comparison of Ostin Technology Group Co's Inventory-to-Revenue

For the Electronic Components subindustry, Ostin Technology Group Co's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ostin Technology Group Co's Inventory-to-Revenue Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ostin Technology Group Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Ostin Technology Group Co's Inventory-to-Revenue falls into.



Ostin Technology Group Co Inventory-to-Revenue Calculation

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.

Ostin Technology Group Co's Inventory-to-Revenue for the fiscal year that ended in Sep. 2023 is calculated as

Inventory-to-Revenue (A: Sep. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Sep. 2022 ) + Total Inventories (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )
=( (15.433 + 14.419) / 2 ) / 57.526
=14.926 / 57.526
=0.26

Ostin Technology Group Co's Inventory-to-Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue (Q: Sep. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Revenue (Q: Sep. 2023 )
=( (16.192 + 14.419) / 2 ) / 23.231
=15.3055 / 23.231
=0.66

* 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.


Ostin Technology Group Co  (NAS:OST) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Ostin Technology Group Co's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=15.3055/21.869*365 / 2
=127.73

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Ostin Technology Group Co's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=21.869 / 15.3055
=1.43

* 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.


Ostin Technology Group Co Inventory-to-Revenue Related Terms

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Ostin Technology Group Co (Ostin Technology Group Co) Business Description

Traded in Other Exchanges
N/A
Address
1 Kechuang Road, Building 2, 101/201, Qixia District, Nanjing, CHN, 210046
Ostin Technology Group Co Ltd is a supplier of display modules and polarizers in China. It designs, develops, and manufactures TFT-LCD modules in a wide range of sizes and customized sizes according to the specifications of its customers. Its display modules are mainly used in consumer electronics, commercial LCD displays, and automotive displays. The company also manufactures polarizers used in the TFT-LCD display modules and is in the process of developing polarizers for the OLED display panel.

Ostin Technology Group Co (Ostin Technology Group Co) Headlines

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