Life Travel & Tourist Service Co (ROCO:2745) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is Life Travel & Tourist Service 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. Life Travel & Tourist Service Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$1,563 Mil. Life Travel & Tourist Service Co's Average Total Inventories for the quarter that ended in Mar. 2024 was NT$0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Life Travel & Tourist Service Co's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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. Life Travel & Tourist Service Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Life Travel & Tourist Service Co Inventory Turnover Historical Data

The historical data trend for Life Travel & Tourist Service 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.

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Life Travel & Tourist Service Co Inventory Turnover Chart

Life Travel & Tourist Service Co Annual Data

Trend

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Inventory Turnover

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Life Travel & Tourist Service Co 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															-	-	-	-	-

Life Travel & Tourist Service Co Inventory Turnover Calculation

Life Travel & Tourist Service Co'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 )
=	4360.662	/ (	(0	+	0)	/	1 )
=	4360.662	/	0
=	N/A

Life Travel & Tourist Service Co'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 )
=	1562.701	/ (	(0	+	0)	/	1 )
=	1562.701	/	0
=	N/A

Life Travel & Tourist Service Co (ROCO:2745) 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.

Life Travel & Tourist Service 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
	=	0	/	1562.701	*	365 / 4
	=	0.00

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.

Life Travel & Tourist Service Co'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 )
	=	0	/	1801.5
	=	0.00

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.

Life Travel & Tourist Service Co Inventory Turnover Related Terms

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Life Travel & Tourist Service Co (ROCO:2745) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Life Travel & Tourist Service Co Ltd (ROCO:2745) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

No. 28, Boai 1st Road, 3rd Floor, Sanmin District, Kaohsiung, TWN

Website

https://www.lifetour.com.tw

Life Travel & Tourist Service Co Ltd is a travel consultancy agency in Taiwan. It sells tourist items related to inbound and outbound group tourist services including flight tickets, accommodation arrangements, attraction, and transport tickets commission.

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