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. St Shine Optical Co's Average Total Inventories for the quarter that ended in Mar. 2024 was NT$1,049 Mil. St Shine Optical Co's Revenue for the
three
months ended in Mar. 2024 was NT$1,100 Mil.
St Shine Optical Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.95.
St Shine Optical Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024
declined
from Dec. 2023 (1.02) to Dec. 2023 (0.95)
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.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
St Shine Optical Co's Days Inventory for the
three
months ended in Mar. 2024 was 114.59.
Inventory Turnover measures how fast the company turns over its inventory within a year.
St Shine Optical Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.80.
St Shine Optical Co Inventory-to-Revenue Historical Data
The historical data trend for St Shine Optical 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.
Competitive Comparison of St Shine Optical Co's Inventory-to-Revenue
For the Medical Instruments & Supplies subindustry, St Shine Optical 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.
St Shine Optical Co's Inventory-to-Revenue Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, St Shine Optical Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where St Shine Optical Co's Inventory-to-Revenue falls into.
St Shine Optical 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.
St Shine Optical Co's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
St Shine Optical Co (ROCO:1565) 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.
St Shine Optical Co's Days Inventory for the
three
months ended in Mar. 2024 is calculated as:
* 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.
St Shine Optical Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of St Shine Optical Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
St Shine Optical Co (ROCO:1565) Business Description
St Shine Optical Co Ltd is a contact lens manufacturer and one of the largest suppliers of contact lenses in Taiwan. The company primarily sells soft contact lenses, including daily disposable, frequent replacement spherical, frequent replacement toric, colored, and silicone hydrogel lenses. Its frequent replacement portfolio includes weekly, monthly, and quarterly replacement lenses with a range of water contents. St Shine manufactures its lenses with a cast-molding technology developed in-house and uses a computerized lathe cut system to manufacture progressive multifocal lenses used to correct presbyopia. It operates in two segments: Cast molding lenses and Others.
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