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Solar Applied Materials Technology (ROCO:1785) Inventory-to-Revenue : 1.86 (As of Mar. 2024)


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What is Solar Applied Materials Technology 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. Solar Applied Materials Technology's Average Total Inventories for the quarter that ended in Mar. 2024 was NT$11,722 Mil. Solar Applied Materials Technology's Revenue for the three months ended in Mar. 2024 was NT$6,313 Mil. Solar Applied Materials Technology's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.86.

Solar Applied Materials Technology's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (1.83) to Dec. 2023 (1.86)

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. Solar Applied Materials Technology's Days Inventory for the three months ended in Mar. 2024 was 191.05.

Inventory Turnover measures how fast the company turns over its inventory within a year. Solar Applied Materials Technology's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.48.


Solar Applied Materials Technology Inventory-to-Revenue Historical Data

The historical data trend for Solar Applied Materials Technology'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.

Solar Applied Materials Technology Inventory-to-Revenue Chart

Solar Applied Materials Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.29 0.28 0.41 0.51

Solar Applied Materials Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.30 1.87 1.80 1.83 1.86

Competitive Comparison of Solar Applied Materials Technology's Inventory-to-Revenue

For the Metal Fabrication subindustry, Solar Applied Materials Technology'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.


Solar Applied Materials Technology's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Solar Applied Materials Technology's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Solar Applied Materials Technology's Inventory-to-Revenue falls into.



Solar Applied Materials Technology 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.

Solar Applied Materials Technology's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (11434.438 + 11566.686) / 2 ) / 22629.192
=11500.562 / 22629.192
=0.51

Solar Applied Materials Technology's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (11566.686 + 11876.78) / 2 ) / 6313.036
=11721.733 / 6313.036
=1.86

* 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.


Solar Applied Materials Technology  (ROCO:1785) 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.

Solar Applied Materials Technology's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=11721.733/5598.619*365 / 4
=191.05

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

Solar Applied Materials Technology's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=5598.619 / 11721.733
=0.48

* 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.


Solar Applied Materials Technology Inventory-to-Revenue Related Terms

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Solar Applied Materials Technology (ROCO:1785) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Gongye 3rd Road, Annan District, Tainan, TWN, 70955
Solar Applied Materials Technology Corp is an optical data storage thin-film manufacturer. It is engaged in precious metal and rare material refining, special forming, and processing. The company offers key materials and integrated service models to customers for application in optoelectronics, information, petrochemicals, and consumer electronics industries. The products of the firm are classified into four categories, namely precious chemicals, and materials; special chemicals; resources recycling; and targets for thin film application. The group operates In Taiwan and internationally.

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