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Gigastorage (TPE:2406) Inventory-to-Revenue : 0.68 (As of Jun. 2024)


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What is Gigastorage 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. Gigastorage's Average Total Inventories for the quarter that ended in Jun. 2024 was NT$1,685 Mil. Gigastorage's Revenue for the three months ended in Jun. 2024 was NT$2,466 Mil. Gigastorage's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.68.

Gigastorage's Inventory-to-Revenue for the quarter that ended in Jun. 2024 declined from Mar. 2024 (0.92) to Mar. 2024 (0.68)

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. Gigastorage's Days Inventory for the three months ended in Jun. 2024 was 67.67.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gigastorage's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.35.


Gigastorage Inventory-to-Revenue Historical Data

The historical data trend for Gigastorage'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.

Gigastorage Inventory-to-Revenue Chart

Gigastorage 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 0.19 0.18 0.19 0.18 0.31

Gigastorage Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.25 1.15 0.93 0.92 0.68

Competitive Comparison of Gigastorage's Inventory-to-Revenue

For the Solar subindustry, Gigastorage'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.


Gigastorage's Inventory-to-Revenue Distribution in the Semiconductors Industry

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

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



Gigastorage 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.

Gigastorage'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 )
=( (1130.13 + 1336.196) / 2 ) / 3940.087
=1233.163 / 3940.087
=0.31

Gigastorage's Inventory-to-Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue (Q: Jun. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Revenue (Q: Jun. 2024 )
=( (1691.914 + 1677.931) / 2 ) / 2466.464
=1684.9225 / 2466.464
=0.68

* 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.


Gigastorage  (TPE:2406) 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.

Gigastorage's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=1684.9225/2271.984*365 / 4
=67.67

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

Gigastorage's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2024 ) / Average Total Inventories (Q: Jun. 2024 )
=2271.984 / 1684.9225
=1.35

* 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.


Gigastorage Inventory-to-Revenue Related Terms

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Gigastorage Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Industrial kung yen1st Road, Hsinchu industrial park, Hukou Township, Hsinchu, TWN, 30351
Gigastorage Corp is a Taiwan-based manufacturer of optoelectronic materials and silicon products. Its products include photovoltaic multi-crystalline wafers, photovoltaic ribbons, low temperature die attach pastes, insulation pastes, blood glucose strip conductive pastes and other biotech materials, photovoltaic systems, solar power stations, high efficiency coated milling cutters, and coated drills. A majority of the firm's revenue is generated in the Asia-Pacific region, with the rest coming from countries across the world.

Gigastorage Headlines

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