GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Tai Tung Communication Co Ltd (TPE:8011) » Definitions » Inventory-to-Revenue

Tai Tung Communication Co (TPE:8011) Inventory-to-Revenue : 2.80 (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Tai Tung Communication 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. Tai Tung Communication Co's Average Total Inventories for the quarter that ended in Mar. 2024 was NT$877 Mil. Tai Tung Communication Co's Revenue for the three months ended in Mar. 2024 was NT$313 Mil. Tai Tung Communication Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.80.

Tai Tung Communication Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (1.11) to Dec. 2023 (2.80)

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. Tai Tung Communication Co's Days Inventory for the three months ended in Mar. 2024 was 365.09.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tai Tung Communication Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.25.


Tai Tung Communication Co Inventory-to-Revenue Historical Data

The historical data trend for Tai Tung Communication 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.

Tai Tung Communication Co Inventory-to-Revenue Chart

Tai Tung Communication 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 0.53 0.56 0.44 0.35 0.29

Tai Tung Communication Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.75 1.47 1.42 1.11 2.80

Competitive Comparison of Tai Tung Communication Co's Inventory-to-Revenue

For the Communication Equipment subindustry, Tai Tung Communication 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.


Tai Tung Communication Co's Inventory-to-Revenue Distribution in the Hardware Industry

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

* The bar in red indicates where Tai Tung Communication Co's Inventory-to-Revenue falls into.



Tai Tung Communication 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.

Tai Tung Communication 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 )
=( (468.572 + 721.923) / 2 ) / 2035.237
=595.2475 / 2035.237
=0.29

Tai Tung Communication Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (721.923 + 1032.679) / 2 ) / 313.265
=877.301 / 313.265
=2.80

* 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.


Tai Tung Communication Co  (TPE:8011) 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.

Tai Tung Communication Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=877.301/219.271*365 / 4
=365.09

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

Tai Tung Communication Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=219.271 / 877.301
=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.


Tai Tung Communication Co Inventory-to-Revenue Related Terms

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


Tai Tung Communication Co (TPE:8011) Business Description

Traded in Other Exchanges
N/A
Address
9th Floor, Number 219, Fuhui Road, Xinzhuang District, New Taipei City, TWN
Tai Tung Communication Co Ltd is a Taiwan-based company mainly engaged in the fiber optical cables and Fiber to the Home (FTTH) related accessories business, internal and external communication cables business, power transmission cables business, manufacture and sale of other products, and wholesale and retail sale of ores. The company's business operations cover outdoor and indoor optical cables, telecommunication cable, power transmission and distribution cable, CATV trunk and distribution cable and others.

Tai Tung Communication Co (TPE:8011) Headlines

No Headlines