GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » OK Biotech Co Ltd (TPE:4155) » Definitions » Inventory-to-Revenue

OK Biotech Co (TPE:4155) Inventory-to-Revenue : 1.02 (As of Jun. 2024)


View and export this data going back to 2010. Start your Free Trial

What is OK Biotech 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. OK Biotech Co's Average Total Inventories for the quarter that ended in Jun. 2024 was NT$446 Mil. OK Biotech Co's Revenue for the three months ended in Jun. 2024 was NT$439 Mil. OK Biotech Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 1.02.

OK Biotech Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 declined from Mar. 2024 (1.13) to Mar. 2024 (1.02)

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. OK Biotech Co's Days Inventory for the three months ended in Jun. 2024 was 120.08.

Inventory Turnover measures how fast the company turns over its inventory within a year. OK Biotech Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.76.


OK Biotech Co Inventory-to-Revenue Historical Data

The historical data trend for OK Biotech Co'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.

OK Biotech Co Inventory-to-Revenue Chart

OK Biotech Co 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 0.26 0.24 0.29 0.27 0.34

OK Biotech Co 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 1.21 1.36 1.41 1.13 1.02

Competitive Comparison of OK Biotech Co's Inventory-to-Revenue

For the Medical Devices subindustry, OK Biotech 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.


OK Biotech Co's Inventory-to-Revenue Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, OK Biotech Co's Inventory-to-Revenue distribution charts can be found below:

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



OK Biotech 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.

OK Biotech Co'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 )
=( (422.946 + 394.046) / 2 ) / 1191.985
=408.496 / 1191.985
=0.34

OK Biotech Co'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 )
=( (402.259 + 490.072) / 2 ) / 438.764
=446.1655 / 438.764
=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.


OK Biotech Co  (TPE:4155) 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.

OK Biotech Co'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
=446.1655/339.053*365 / 4
=120.08

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

OK Biotech Co'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 )
=339.053 / 446.1655
=0.76

* 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.


OK Biotech Co Inventory-to-Revenue Related Terms

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


OK Biotech Co Business Description

Traded in Other Exchanges
N/A
Address
No.91, Gongdao 5th Road, Section 2, Hsinchu, TWN, 30070
OK Biotech Co Ltd is engaged in the manufacturing of electronic materials and medical devices. The products of the company include Portable Nebulizer, Blood Glucose Meter, Glucometer, Blood Sugar Meter, Blood Glucose Test Strips, and others.

OK Biotech Co Headlines

No Headlines