Realtek Semiconductor (LUX:RTKSM) Inventory Turnover : 1.05 (As of Mar. 2024)

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What is Realtek Semiconductor Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Realtek Semiconductor's Cost of Goods Sold for the three months ended in Mar. 2024 was $398 Mil. Realtek Semiconductor's Average Total Inventories for the quarter that ended in Mar. 2024 was $377 Mil. Realtek Semiconductor's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.05.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Realtek Semiconductor's Days Inventory for the three months ended in Mar. 2024 was 86.55.

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. Realtek Semiconductor's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.47.

Realtek Semiconductor Inventory Turnover Historical Data

The historical data trend for Realtek Semiconductor's Inventory Turnover can be seen below:

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Realtek Semiconductor Inventory Turnover Chart

Realtek Semiconductor Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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5.19

5.74

4.18

2.61

2.88

Realtek Semiconductor Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.48	0.77	0.91	0.95	1.05

Realtek Semiconductor Inventory Turnover Calculation

Realtek Semiconductor's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	1741.716	/ (	(833.623	+	376.204)	/	2 )
=	1741.716	/	604.9135
=	2.88

Realtek Semiconductor's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	397.521	/ (	(376.204	+	377.922)	/	2 )
=	397.521	/	377.063
=	1.05

Realtek Semiconductor (LUX:RTKSM) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Realtek Semiconductor'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
	=	377.063	/	397.521	*	365 / 4
	=	86.55

2. 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.

Realtek Semiconductor's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	377.063	/	808.485
	=	0.47

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Realtek Semiconductor Inventory Turnover Related Terms

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Realtek Semiconductor (LUX:RTKSM) Business Description

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2379:Taiwan

Address

No. 2, Innovation Road II, Hsinchu Science Park, Hsinchu, TWN, 300

Website

https://www.realtek.com

Realtek Semiconductor Corp provides a range of integrated circuits (ICs) for communications networks, computer peripheral, and multimedia markets. The company is a fabless designer and supplier of its ICs, which means it outsources the fabrication of devices. Its complete product line includes data, voice, and image ICs. Realtek offers its product and services to PC companies, motherboard manufacturers, network hardware makers, and various PC peripheral product companies. Core technologies are advanced through high-performance analog and mixed-signal circuit design capabilities, in addition to in-house knowledge in IC manufacturing and intellectual properties.

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