GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Litemax Electronics Inc (ROCO:4995) » Definitions » Inventory-to-Revenue

Litemax Electronics (ROCO:4995) Inventory-to-Revenue : 0.45 (As of Sep. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Litemax Electronics 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. Litemax Electronics's Average Total Inventories for the quarter that ended in Sep. 2024 was NT$178 Mil. Litemax Electronics's Revenue for the three months ended in Sep. 2024 was NT$396 Mil. Litemax Electronics's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.45.

Litemax Electronics's Inventory-to-Revenue for the quarter that ended in Sep. 2024 declined from Jun. 2024 (0.49) to Jun. 2024 (0.45)

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. Litemax Electronics's Days Inventory for the three months ended in Sep. 2024 was 66.80.

Inventory Turnover measures how fast the company turns over its inventory within a year. Litemax Electronics's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.37.


Litemax Electronics Inventory-to-Revenue Historical Data

The historical data trend for Litemax Electronics'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.

Litemax Electronics Inventory-to-Revenue Chart

Litemax Electronics 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 0.19 0.25 0.19 0.16 0.14

Litemax Electronics Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.52 0.48 0.55 0.49 0.45

Competitive Comparison of Litemax Electronics's Inventory-to-Revenue

For the Electronic Components subindustry, Litemax Electronics'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.


Litemax Electronics's Inventory-to-Revenue Distribution in the Hardware Industry

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

* The bar in red indicates where Litemax Electronics's Inventory-to-Revenue falls into.



Litemax Electronics 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.

Litemax Electronics'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 )
=( (182.636 + 148.449) / 2 ) / 1219.486
=165.5425 / 1219.486
=0.14

Litemax Electronics's Inventory-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue (Q: Sep. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Revenue (Q: Sep. 2024 )
=( (176.415 + 178.741) / 2 ) / 395.804
=177.578 / 395.804
=0.45

* 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.


Litemax Electronics  (ROCO:4995) 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.

Litemax Electronics's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=177.578/242.575*365 / 4
=66.80

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

Litemax Electronics's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=242.575 / 177.578
=1.37

* 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.


Litemax Electronics Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Litemax Electronics's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Litemax Electronics Business Description

Traded in Other Exchanges
N/A
Address
No. 137, Lane 235, Baoqiao Road, 8th Floor, Xindian District, New Taipei, TWN, 231
Litemax Electronics Inc manufactures and sells high-brightness backlights, LCD modules, and LCD monitors. The company products are used in marine; gaming; healthcare; industrial; transportation; digital signage and other markets. Some of its products include Spanpixel - Resizing LCDs; Durapixel - Sunlight readable LCDs; Navpixel - Marine Computing; Embedded Motherboards; Waterproof Panel PCs; Intel Smart Display Module Panel PC; HDMI Daisy Chain Board and others. Geographically, it derives a majority of its revenue from America and also has a presence in Asia and Europe.

Litemax Electronics Headlines

No Headlines