Bin Chuan Enterprise Co (ROCO:1569) Inventory Turnover : 1.05 (As of Dec. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Bin Chuan Enterprise Co 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. Bin Chuan Enterprise Co's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$882 Mil. Bin Chuan Enterprise Co's Average Total Inventories for the quarter that ended in Dec. 2024 was NT$841 Mil. Bin Chuan Enterprise Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.05.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bin Chuan Enterprise Co's Days Inventory for the three months ended in Dec. 2024 was 86.94.

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. Bin Chuan Enterprise Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.97.

Bin Chuan Enterprise Co Inventory Turnover Historical Data

The historical data trend for Bin Chuan Enterprise Co's Inventory Turnover 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.

Bin Chuan Enterprise Co Inventory Turnover Chart

Bin Chuan Enterprise Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

Get a 7-Day Free Trial

3.05

2.90

3.13

3.37

3.75

Bin Chuan Enterprise Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															0.94	0.76	0.94	0.96	1.05

Bin Chuan Enterprise Co Inventory Turnover Calculation

Bin Chuan Enterprise Co's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	3012.602	/ (	(766.614	+	839.28)	/	2 )
=	3012.602	/	802.947
=	3.75

Bin Chuan Enterprise Co's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	882.481	/ (	(842.282	+	839.28)	/	2 )
=	882.481	/	840.781
=	1.05

Bin Chuan Enterprise Co (ROCO:1569) 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.

Bin Chuan Enterprise Co's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	840.781	/	882.481	*	365 / 4
	=	86.94

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.

Bin Chuan Enterprise Co's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	840.781	/	863.524
	=	0.97

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.

Bin Chuan Enterprise Co Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Bin Chuan Enterprise Co's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Bin Chuan Enterprise Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Bin Chuan Enterprise Co Ltd (ROCO:1569) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Xingye Road, Dafa Industrial Zone, Datun District, Kaohsiung, TWN, 83162

Website

http://www.hamagawa.com

Bin Chuan Enterprise Co Ltd is engaged in manufacturing, processing, and sales of semi-automatic punching net machinery, audio decoration nets, and molds, and purchasing and sales of stamped parts for computer peripherals. Its segment is the Metal Business Department which produces and sells computers, audio, and other hardware products and components; and the Plastics Business Department which processes and produces plastic injection molding, and the sales of precision plastic components for electronics and electrical products. Its geographic areas are Mainland China and Taiwan.

Bin Chuan Enterprise Co Headlines

No Headlines