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Advanced Wireless & Antenna (ROCO:6818) Inventory-to-Revenue : 0.19 (As of Dec. 2023)


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What is Advanced Wireless & Antenna 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. Advanced Wireless & Antenna's Average Total Inventories for the quarter that ended in Dec. 2023 was NT$80.2 Mil. Advanced Wireless & Antenna's Revenue for the six months ended in Dec. 2023 was NT$431.2 Mil. Advanced Wireless & Antenna's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.19.

Advanced Wireless & Antenna's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (0.26) to Jun. 2023 (0.19)

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. Advanced Wireless & Antenna's Days Inventory for the six months ended in Dec. 2023 was 52.06.

Inventory Turnover measures how fast the company turns over its inventory within a year. Advanced Wireless & Antenna's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.51.


Advanced Wireless & Antenna Inventory-to-Revenue Historical Data

The historical data trend for Advanced Wireless & Antenna'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.

Advanced Wireless & Antenna Inventory-to-Revenue Chart

Advanced Wireless & Antenna Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
0.15 0.16 0.18 0.17 0.13

Advanced Wireless & Antenna Semi-Annual Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.39 0.36 0.26 0.19

Competitive Comparison of Advanced Wireless & Antenna's Inventory-to-Revenue

For the Electronic Components subindustry, Advanced Wireless & Antenna'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.


Advanced Wireless & Antenna's Inventory-to-Revenue Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Advanced Wireless & Antenna's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Advanced Wireless & Antenna's Inventory-to-Revenue falls into.



Advanced Wireless & Antenna 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.

Advanced Wireless & Antenna'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 )
=( (117.799 + 85.592) / 2 ) / 807.733
=101.6955 / 807.733
=0.13

Advanced Wireless & Antenna's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (74.892 + 85.592) / 2 ) / 431.181
=80.242 / 431.181
=0.19

* 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.


Advanced Wireless & Antenna  (ROCO:6818) 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.

Advanced Wireless & Antenna's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=80.242/281.3*365 / 2
=52.06

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

Advanced Wireless & Antenna's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=281.3 / 80.242
=3.51

* 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.


Advanced Wireless & Antenna Inventory-to-Revenue Related Terms

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Advanced Wireless & Antenna (ROCO:6818) Business Description

Traded in Other Exchanges
N/A
Address
Beixin Road., Xindian District, B2F, Number 207-1, Sec 3, New Taipei City, Taipei, TWN, 231
Advanced Wireless & Antenna Inc is engaged in designing and manufacturing the electronic components for IT, digital home appliances, and portable devices. Its products include V2X, IOT, IT and Networking.

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