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BiOptic (ROCO:6850) Inventory-to-Revenue : 1.22 (As of Dec. 2023)


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What is BiOptic 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. BiOptic's Average Total Inventories for the quarter that ended in Dec. 2023 was NT$153.1 Mil. BiOptic's Revenue for the six months ended in Dec. 2023 was NT$125.6 Mil. BiOptic's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.22.

BiOptic's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (1.29) to Jun. 2023 (1.22)

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. BiOptic's Days Inventory for the six months ended in Dec. 2023 was 682.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. BiOptic's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.27.


BiOptic Inventory-to-Revenue Historical Data

The historical data trend for BiOptic'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.

BiOptic Inventory-to-Revenue Chart

BiOptic Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial 0.34 0.33 0.34 0.43 0.62

BiOptic Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 1.04 0.79 1.29 1.22

Competitive Comparison of BiOptic's Inventory-to-Revenue

For the Biotechnology subindustry, BiOptic'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.


BiOptic's Inventory-to-Revenue Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, BiOptic's Inventory-to-Revenue distribution charts can be found below:

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



BiOptic 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.

BiOptic'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 )
=( (119.953 + 161.072) / 2 ) / 228.269
=140.5125 / 228.269
=0.62

BiOptic'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 )
=( (145.21 + 161.072) / 2 ) / 125.558
=153.141 / 125.558
=1.22

* 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.


BiOptic  (ROCO:6850) 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.

BiOptic'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
=153.141/40.927*365 / 2
=682.88

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

BiOptic'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 )
=40.927 / 153.141
=0.27

* 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.


BiOptic Inventory-to-Revenue Related Terms

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BiOptic (ROCO:6850) Business Description

Traded in Other Exchanges
N/A
Address
No 6, Ln, 130 Minquan Road, 5th Floor, Hsin- Tien District, New Taipei, TWN, 23141
BiOptic Inc is a biotechnology instrumentation company that develops innovative scientific products for research and clinical applications. It serves professionals and laboratories dedicated to life science research, clinical diagnostics, pharmaceutical and food industries, animal husbandry and agriculture, performing diagnostic molecular genetic analyses.

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