What is Ta Chen Stainless Pipe 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. Ta Chen Stainless Pipe Co's Average Total Inventories for the quarter that ended in Sep. 2024 was NT$53,175 Mil. Ta Chen Stainless Pipe Co's Revenue for the
three
months ended in Sep. 2024 was NT$21,740 Mil.
Ta Chen Stainless Pipe Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 2.45.
Ta Chen Stainless Pipe Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024
increased
from Jun. 2024 (2.27) to Jun. 2024 (2.45)
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.
Ta Chen Stainless Pipe Co's Days Inventory for the
three
months ended in Sep. 2024 was 276.99.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Ta Chen Stainless Pipe Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.33.
Ta Chen Stainless Pipe Co Inventory-to-Revenue Historical Data
* 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.
Ta Chen Stainless Pipe Co Inventory-to-Revenue Chart
Competitive Comparison of Ta Chen Stainless Pipe Co's Inventory-to-Revenue
For the Steel subindustry, Ta Chen Stainless Pipe 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.
Ta Chen Stainless Pipe Co's Inventory-to-Revenue Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Ta Chen Stainless Pipe Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Ta Chen Stainless Pipe Co's Inventory-to-Revenue falls into.
Ta Chen Stainless Pipe 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.
Ta Chen Stainless Pipe Co's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Ta Chen Stainless Pipe Co (TPE:2027) 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.
Ta Chen Stainless Pipe Co's Days Inventory for the
three
months ended in Sep. 2024 is calculated as:
* 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.
Ta Chen Stainless Pipe Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Ta Chen Stainless Pipe Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Ta Chen Stainless Pipe Co Ltd is a Taiwan-based company that is primarily engaged in manufacturing and distributing stainless steel, fasteners, steel strips, aluminum and nickel alloy coils, sheets, plates, long products, tubes, and PVFs. The company generates most of its sales from stainless steel products and fasteners. The company particularly specializes in manufacturing stainless tubes and its accessories, which are used in the petrochemical and food industries. Geographically, the company generates almost all of its revenue from the American market, where the company distributes its products through its warehouses in Los Angeles, Chicago, Houston, Atlanta, Florida, Philadelphia, Seattle, and Cleveland.
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