GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Tokyo Electron Ltd (OTCPK:TOELY) » Definitions » Inventory-to-Revenue

Tokyo Electron (Tokyo Electron) Inventory-to-Revenue : 1.63 (As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Tokyo Electron 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. Tokyo Electron's Average Total Inventories for the quarter that ended in Dec. 2023 was $5,233 Mil. Tokyo Electron's Revenue for the three months ended in Dec. 2023 was $3,220 Mil. Tokyo Electron's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.63.

Tokyo Electron's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (1.75) to Sep. 2023 (1.63)

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. Tokyo Electron's Days Inventory for the three months ended in Dec. 2023 was 284.65.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tokyo Electron's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.32.


Tokyo Electron Inventory-to-Revenue Historical Data

The historical data trend for Tokyo Electron'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.

Tokyo Electron Inventory-to-Revenue Chart

Tokyo Electron Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.33 0.29 0.23 0.27

Tokyo Electron Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1.23 1.15 1.80 1.75 1.63

Competitive Comparison of Tokyo Electron's Inventory-to-Revenue

For the Semiconductor Equipment & Materials subindustry, Tokyo Electron'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.


Tokyo Electron's Inventory-to-Revenue Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Tokyo Electron's Inventory-to-Revenue distribution charts can be found below:

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



Tokyo Electron 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.

Tokyo Electron's Inventory-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

Inventory-to-Revenue (A: Mar. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )
=( (3996.073 + 4879.441) / 2 ) / 16526.664
=4437.757 / 16526.664
=0.27

Tokyo Electron'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (5063.005 + 5403.743) / 2 ) / 3220.289
=5233.374 / 3220.289
=1.63

* 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.


Tokyo Electron  (OTCPK:TOELY) 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.

Tokyo Electron's Days Inventory for the three 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
=5233.374/1677.639*365 / 4
=284.65

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

Tokyo Electron'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 )
=1677.639 / 5233.374
=0.32

* 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.


Tokyo Electron Inventory-to-Revenue Related Terms

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


Tokyo Electron (Tokyo Electron) Business Description

Traded in Other Exchanges
Address
Akasaka Biz Tower, 3-1 Akasaka 5-chome, Minato-ku, Tokyo, JPN, 107-6325
Tokyo Electron is a major vendor of semiconductor fabrication tools. It operates primarily in the etch, deposition, and clean segments, which involve adding and removing materials to and from semiconductor wafers. Customers include leading-edge logic, foundry, and memory chipmakers such as Intel, TSMC, Micron, and Samsung.

Tokyo Electron (Tokyo Electron) Headlines

From GuruFocus

The Matthews Japan Fund's Top 5 New Buys

By Sydnee Gatewood 05-05-2022

Ken Fisher's Top 5 Technology Buys of the 4th Quarter

By Sydnee Gatewood Sydnee Gatewood 01-25-2018