GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Welltend Technology Corp (TPE:3021) » Definitions » Inventory-to-Revenue

Welltend Technology (TPE:3021) Inventory-to-Revenue : 0.78 (As of Dec. 2023)


View and export this data going back to 2002. Start your Free Trial

What is Welltend Technology 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. Welltend Technology's Average Total Inventories for the quarter that ended in Dec. 2023 was NT$616 Mil. Welltend Technology's Revenue for the three months ended in Dec. 2023 was NT$786 Mil. Welltend Technology's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.78.

Welltend Technology's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (0.83) to Sep. 2023 (0.78)

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. Welltend Technology's Days Inventory for the three months ended in Dec. 2023 was 89.30.

Inventory Turnover measures how fast the company turns over its inventory within a year. Welltend Technology's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.02.


Welltend Technology Inventory-to-Revenue Historical Data

The historical data trend for Welltend Technology'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.

Welltend Technology Inventory-to-Revenue Chart

Welltend Technology 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 0.22 0.23 0.24 0.21 0.23

Welltend Technology Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 0.73 0.87 1.04 0.83 0.78

Competitive Comparison of Welltend Technology's Inventory-to-Revenue

For the Computer Hardware subindustry, Welltend Technology'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.


Welltend Technology's Inventory-to-Revenue Distribution in the Hardware Industry

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

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



Welltend Technology 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.

Welltend Technology'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 )
=( (779.205 + 594.251) / 2 ) / 2996.638
=686.728 / 2996.638
=0.23

Welltend Technology's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (638.119 + 594.251) / 2 ) / 785.582
=616.185 / 785.582
=0.78

* 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.


Welltend Technology  (TPE:3021) 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.

Welltend Technology's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=616.185/629.652*365 / 4
=89.30

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

Welltend Technology's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=629.652 / 616.185
=1.02

* 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.


Welltend Technology Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Welltend Technology's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Welltend Technology (TPE:3021) Business Description

Traded in Other Exchanges
N/A
Address
6F, No.59, Dongxing Road, Taipei, TWN
Welltend Technology Corp is mainly engaged in the research and development, production and sales of computers, home appliances, automobiles, business-related parts, and components. The Group is divided into two operating segments: Information Service Department and the Wire & Connectors Department. The main business of the Information Service Department is the integrated planning and implementation of information systems and consulting services. The main business of the Wire & Connectors Department is the production and sale of computer peripherals, smart home appliances, communication equipment, and game consoles.

Welltend Technology (TPE:3021) Headlines

No Headlines