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Shihlin Electric & Engineering (TPE:1503) Inventory-to-Revenue : 0.88 (As of Mar. 2024)


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What is Shihlin Electric & Engineering 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. Shihlin Electric & Engineering's Average Total Inventories for the quarter that ended in Mar. 2024 was NT$8,700 Mil. Shihlin Electric & Engineering's Revenue for the three months ended in Mar. 2024 was NT$9,918 Mil. Shihlin Electric & Engineering's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.88.

Shihlin Electric & Engineering's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (1.25) to Dec. 2023 (0.88)

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. Shihlin Electric & Engineering's Days Inventory for the three months ended in Mar. 2024 was 97.38.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shihlin Electric & Engineering's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.94.


Shihlin Electric & Engineering Inventory-to-Revenue Historical Data

The historical data trend for Shihlin Electric & Engineering'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.

Shihlin Electric & Engineering Inventory-to-Revenue Chart

Shihlin Electric & Engineering 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 0.18 0.17 0.19 0.25 0.28

Shihlin Electric & Engineering Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.97 1.17 1.22 1.25 0.88

Competitive Comparison of Shihlin Electric & Engineering's Inventory-to-Revenue

For the Electrical Equipment & Parts subindustry, Shihlin Electric & Engineering'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.


Shihlin Electric & Engineering's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shihlin Electric & Engineering's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Shihlin Electric & Engineering's Inventory-to-Revenue falls into.



Shihlin Electric & Engineering 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.

Shihlin Electric & Engineering'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 )
=( (8801.579 + 9244.816) / 2 ) / 31807.491
=9023.1975 / 31807.491
=0.28

Shihlin Electric & Engineering's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (9244.816 + 8155.155) / 2 ) / 9917.947
=8699.9855 / 9917.947
=0.88

* 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.


Shihlin Electric & Engineering  (TPE:1503) 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.

Shihlin Electric & Engineering's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=8699.9855/8152.157*365 / 4
=97.38

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

Shihlin Electric & Engineering's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=8152.157 / 8699.9855
=0.94

* 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.


Shihlin Electric & Engineering Inventory-to-Revenue Related Terms

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Shihlin Electric & Engineering (TPE:1503) Business Description

Traded in Other Exchanges
N/A
Address
No. 88, Zhongshan North Road, Section 6, 16th Floor, Taipei, TWN, 111
Shihlin Electric & Engineering Corp is a Taiwan-based company The Group is engaged in the manufacture of heavy electrical equipment and machinery and automotive electrical equipment, devices, and related parts The company's product portfolio is categorized into five groups: automobile equipment systems, breaker switchgear and systems, heavy electric systems, and factory automation and system engineering products. The company operates production facilities in Taiwan, mainland China, and Vietnam.

Shihlin Electric & Engineering (TPE:1503) Headlines

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