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Shinkong Textile Co (TPE:1419) Inventory-to-Revenue : 1.07 (As of Mar. 2025)


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What is Shinkong Textile 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. Shinkong Textile Co's Average Total Inventories for the quarter that ended in Mar. 2025 was NT$1,142 Mil. Shinkong Textile Co's Revenue for the three months ended in Mar. 2025 was NT$1,064 Mil. Shinkong Textile Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 1.07.

Shinkong Textile Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 increased from Dec. 2024 (0.88) to Dec. 2024 (1.07)

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. Shinkong Textile Co's Days Inventory for the three months ended in Mar. 2025 was 135.20.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shinkong Textile Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.67.


Shinkong Textile Co Inventory-to-Revenue Historical Data

The historical data trend for Shinkong Textile 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.

Shinkong Textile Co Inventory-to-Revenue Chart

Shinkong Textile Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.22 0.27 0.31 0.26

Shinkong Textile Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.16 1.21 1.04 0.88 1.07

Competitive Comparison of Shinkong Textile Co's Inventory-to-Revenue

For the Textile Manufacturing subindustry, Shinkong Textile 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.


Shinkong Textile Co's Inventory-to-Revenue Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shinkong Textile Co's Inventory-to-Revenue distribution charts can be found below:

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


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Shinkong Textile 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.

Shinkong Textile Co's Inventory-to-Revenue for the fiscal year that ended in Dec. 2024 is calculated as

Inventory-to-Revenue (A: Dec. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )
=( (1007.469 + 1144.322) / 2 ) / 4214.489
=1075.8955 / 4214.489
=0.26

Shinkong Textile Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue (Q: Mar. 2025 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count ) / Revenue (Q: Mar. 2025 )
=( (1144.322 + 1139.708) / 2 ) / 1063.76
=1142.015 / 1063.76
=1.07

* 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.


Shinkong Textile Co  (TPE:1419) 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.

Shinkong Textile Co's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2025 )/Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=1142.015/770.801*365 / 4
=135.20

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

Shinkong Textile Co's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2025 ) / Average Total Inventories (Q: Mar. 2025 )
=770.801 / 1142.015
=0.67

* 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.


Shinkong Textile Co Inventory-to-Revenue Related Terms

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Shinkong Textile Co Business Description

Traded in Other Exchanges
N/A
Address
Zhongshan North Road, Floor 15, No. 44, Section 2, Zhongshan, Taipei, TWN, 10448
Shinkong Textile Co Ltd engaged in production and sale of a variety of synthetic fibers, fabrics, and finished fabrics; agency for the import and sale of garments, and the leasing and sale of buildings and public housing units constructed by builders commissioned by the Company.

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