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Goodway Machine (TPE:1583) Inventory-to-Revenue : 3.26 (As of Dec. 2024)


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What is Goodway Machine 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. Goodway Machine's Average Total Inventories for the quarter that ended in Dec. 2024 was NT$3,622 Mil. Goodway Machine's Revenue for the three months ended in Dec. 2024 was NT$1,111 Mil. Goodway Machine's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 3.26.

Goodway Machine's Inventory-to-Revenue for the quarter that ended in Dec. 2024 declined from Sep. 2024 (3.37) to Sep. 2024 (3.26)

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. Goodway Machine's Days Inventory for the three months ended in Dec. 2024 was 364.87.

Inventory Turnover measures how fast the company turns over its inventory within a year. Goodway Machine's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.25.


Goodway Machine Inventory-to-Revenue Historical Data

The historical data trend for Goodway Machine'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.

Goodway Machine Inventory-to-Revenue Chart

Goodway Machine 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 0.63 0.47 0.55 0.69 0.81

Goodway Machine Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 2.62 3.95 3.13 3.37 3.26

Competitive Comparison of Goodway Machine's Inventory-to-Revenue

For the Specialty Industrial Machinery subindustry, Goodway Machine'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.


Goodway Machine's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Goodway Machine's Inventory-to-Revenue distribution charts can be found below:

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


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Goodway Machine 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.

Goodway Machine'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 )
=( (3567.458 + 3559.935) / 2 ) / 4422.922
=3563.6965 / 4422.922
=0.81

Goodway Machine's Inventory-to-Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue (Q: Dec. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Revenue (Q: Dec. 2024 )
=( (3683.792 + 3559.935) / 2 ) / 1110.842
=3621.8635 / 1110.842
=3.26

* 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.


Goodway Machine  (TPE:1583) 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.

Goodway Machine's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=3621.8635/905.793*365 / 4
=364.87

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

Goodway Machine's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=905.793 / 3621.8635
=0.25

* 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.


Goodway Machine Inventory-to-Revenue Related Terms

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Goodway Machine Business Description

Traded in Other Exchanges
N/A
Address
No. 13, Gongyequ 5th Road, Taichung Industrial Park, Xitun District, Taichung, TWN
Goodway Machine Corp engaged in manufacturing, sales, and purchases of a variety of machine tools, automatic machinery and hardware, woodworking machinery, and woodworking lathes. The company has two reportable segments, the CNC Lathe segment and the Processing Machine segment, which are mainly engaged in the design, manufacturing and trading of industrial machine tools. Geographically, the company generates a majority of its revenue from Asia ( excluding Taiwan) and the rest from Europe, America, Taiwan, and other regions.

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