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Tecstar Technology Co (ROCO:3117) Inventory-to-Revenue : 0.48 (As of Jun. 2024)


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What is Tecstar Technology 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. Tecstar Technology Co's Average Total Inventories for the quarter that ended in Jun. 2024 was NT$133.9 Mil. Tecstar Technology Co's Revenue for the six months ended in Jun. 2024 was NT$280.3 Mil. Tecstar Technology Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.48.

Tecstar Technology Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 declined from Dec. 2023 (0.56) to Dec. 2023 (0.48)

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. Tecstar Technology Co's Days Inventory for the six months ended in Jun. 2024 was 95.68.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tecstar Technology Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.91.


Tecstar Technology Co Inventory-to-Revenue Historical Data

The historical data trend for Tecstar Technology 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.

Tecstar Technology Co Inventory-to-Revenue Chart

Tecstar Technology Co 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 0.32 0.20 0.18 0.24 0.30

Tecstar Technology Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.44 0.54 0.58 0.56 0.48

Competitive Comparison of Tecstar Technology Co's Inventory-to-Revenue

For the Electronic Components subindustry, Tecstar Technology 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.


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

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

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



Tecstar Technology 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.

Tecstar Technology Co'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 )
=( (167.788 + 132.76) / 2 ) / 500.262
=150.274 / 500.262
=0.30

Tecstar Technology Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue (Q: Jun. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Revenue (Q: Jun. 2024 )
=( (132.76 + 135.125) / 2 ) / 280.263
=133.9425 / 280.263
=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.


Tecstar Technology Co  (ROCO:3117) 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.

Tecstar Technology Co's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=133.9425/255.479*365 / 2
=95.68

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

Tecstar Technology Co's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2024 ) / Average Total Inventories (Q: Jun. 2024 )
=255.479 / 133.9425
=1.91

* 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.


Tecstar Technology Co Inventory-to-Revenue Related Terms

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Tecstar Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Lane 863, Gaoshi Road, 326 No.32, Taoyuan, TWN, 32668
Tecstar Technology Co Ltd is engaged in the production and distribution of multilayer chips and iron cores in Taiwan. It offers multilayer chip beads and inductors, SMD power inductors and EMI beads, and Ni-Zn soft ferrite cores.

Tecstar Technology Co Headlines

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