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Techno Quartz (TSE:5217) Inventory-to-Revenue : 1.41 (As of Dec. 2023)


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What is Techno Quartz 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. Techno Quartz's Average Total Inventories for the quarter that ended in Dec. 2023 was 円6,116 Mil. Techno Quartz's Revenue for the three months ended in Dec. 2023 was 円4,331 Mil. Techno Quartz's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.41.

Techno Quartz's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (1.46) to Sep. 2023 (1.41)

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. Techno Quartz's Days Inventory for the three months ended in Dec. 2023 was 193.45.

Inventory Turnover measures how fast the company turns over its inventory within a year. Techno Quartz's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.47.


Techno Quartz Inventory-to-Revenue Historical Data

The historical data trend for Techno Quartz'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.

Techno Quartz Inventory-to-Revenue Chart

Techno Quartz Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.25 0.20 0.20 0.22

Techno Quartz Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.96 1.10 1.45 1.46 1.41

Competitive Comparison of Techno Quartz's Inventory-to-Revenue

For the Semiconductor Equipment & Materials subindustry, Techno Quartz'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.


Techno Quartz's Inventory-to-Revenue Distribution in the Semiconductors Industry

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

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



Techno Quartz 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.

Techno Quartz's Inventory-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

Inventory-to-Revenue (A: Mar. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )
=( (3390.931 + 5565.818) / 2 ) / 20063.599
=4478.3745 / 20063.599
=0.22

Techno Quartz'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 )
=( (6141.96 + 6090.953) / 2 ) / 4331.043
=6116.4565 / 4331.043
=1.41

* 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.


Techno Quartz  (TSE:5217) 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.

Techno Quartz'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
=6116.4565/2885.139*365 / 4
=193.45

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

Techno Quartz'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 )
=2885.139 / 6116.4565
=0.47

* 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.


Techno Quartz Inventory-to-Revenue Related Terms

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Techno Quartz (TSE:5217) Business Description

Traded in Other Exchanges
N/A
Address
1-32-2 Honcho, Harmony Tower 12th floor, Nakano-ku, Tokyo, JPN, 164-0012
Techno Quartz Inc is engaged in the manufacturing of semiconductors, LCD, and optics. The products of the company include vertical quartz boat, bell jar, gas distribution plate, and quartz ring.

Techno Quartz (TSE:5217) Headlines

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