GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Yieh United Steel Corp (ROCO:9957) » Definitions » Inventory-to-Revenue

Yieh United Steel (ROCO:9957) Inventory-to-Revenue : 0.44 (As of Dec. 2023)


View and export this data going back to 2003. Start your Free Trial

What is Yieh United Steel 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. Yieh United Steel's Average Total Inventories for the quarter that ended in Dec. 2023 was NT$8,297 Mil. Yieh United Steel's Revenue for the six months ended in Dec. 2023 was NT$19,008 Mil. Yieh United Steel's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.44.

Yieh United Steel's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Jun. 2023 (0.36) to Jun. 2023 (0.44)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Yieh United Steel's Days Inventory for the six months ended in Dec. 2023 was 71.93.

Inventory Turnover measures how fast the company turns over its inventory within a year. Yieh United Steel's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.54.


Yieh United Steel Inventory-to-Revenue Historical Data

The historical data trend for Yieh United Steel'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.

Yieh United Steel Inventory-to-Revenue Chart

Yieh United Steel 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 0.19 0.15 0.19 0.20

Yieh United Steel Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 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 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 0.27 0.35 0.45 0.36 0.44

Competitive Comparison of Yieh United Steel's Inventory-to-Revenue

For the Steel subindustry, Yieh United Steel'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.


Yieh United Steel's Inventory-to-Revenue Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Yieh United Steel's Inventory-to-Revenue distribution charts can be found below:

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



Yieh United Steel 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.

Yieh United Steel'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 )
=( (9056.693 + 8326.725) / 2 ) / 43389.118
=8691.709 / 43389.118
=0.20

Yieh United Steel'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 )
=( (8267.576 + 8326.725) / 2 ) / 19007.9
=8297.1505 / 19007.9
=0.44

* 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.


Yieh United Steel  (ROCO:9957) 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.

Yieh United Steel'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
=8297.1505/21052.321*365 / 2
=71.93

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

Yieh United Steel'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 )
=21052.321 / 8297.1505
=2.54

* 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.


Yieh United Steel Inventory-to-Revenue Related Terms

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


Yieh United Steel (ROCO:9957) Business Description

Traded in Other Exchanges
N/A
Address
No.600, Xinglong St., Jiaxing Vil, Gangshan District, Kaohsiung, TWN, 82057
Yieh United Steel Corp operates as a steel manufacturer. The products of the company include stainless steel small steel embryo, cold rolled steel coil, stainless steel hot-rolled steel sheet, stainless steel hot rolled black steel coil, carbon steel small steel embryo, and carbon steel hot rolled crude steel coil.

Yieh United Steel (ROCO:9957) Headlines

No Headlines