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Forward Electronics Co (ROCO:8085) Inventory-to-Revenue : 0.56 (As of Jun. 2024)


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What is Forward Electronics 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. Forward Electronics Co's Average Total Inventories for the quarter that ended in Jun. 2024 was NT$78.2 Mil. Forward Electronics Co's Revenue for the three months ended in Jun. 2024 was NT$140.4 Mil. Forward Electronics Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.56.

Forward Electronics Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 declined from Mar. 2024 (0.60) to Mar. 2024 (0.56)

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. Forward Electronics Co's Days Inventory for the three months ended in Jun. 2024 was 52.39.

Inventory Turnover measures how fast the company turns over its inventory within a year. Forward Electronics Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.74.


Forward Electronics Co Inventory-to-Revenue Historical Data

The historical data trend for Forward Electronics 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.

Forward Electronics Co Inventory-to-Revenue Chart

Forward Electronics 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 0.17 0.17 0.18 0.19 0.17

Forward Electronics Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 0.57 0.59 0.66 0.60 0.56

Competitive Comparison of Forward Electronics Co's Inventory-to-Revenue

For the Electronic Components subindustry, Forward Electronics 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.


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

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

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



Forward Electronics 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.

Forward Electronics 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 )
=( (147.141 + 92.297) / 2 ) / 722.577
=119.719 / 722.577
=0.17

Forward Electronics 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: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Revenue (Q: Jun. 2024 )
=( (76.35 + 80.017) / 2 ) / 140.351
=78.1835 / 140.351
=0.56

* 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.


Forward Electronics Co  (ROCO:8085) 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.

Forward Electronics Co's Days Inventory for the three 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
=78.1835/136.177*365 / 4
=52.39

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

Forward Electronics 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 )
=136.177 / 78.1835
=1.74

* 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.


Forward Electronics Co Inventory-to-Revenue Related Terms

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Forward Electronics Co Business Description

Traded in Other Exchanges
N/A
Address
No. 22, Section 3, Zhongshan North Road, Taipei, TWN
Forward Electronics Co Ltd is engaged in the manufacturing, development, and sales of LED packaging and lighting applications, backlight modules, digital TV modules, video boxes, variable resistors, switches, encoders, sensors, Bluetooth mice-headphones, remote controls, card readers, LCD display modules.

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