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LOUISA Professional Coffee (ROCO:2758) Inventory Turnover : 6.30 (As of Mar. 2024)


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What is LOUISA Professional Coffee 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. LOUISA Professional Coffee's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$320 Mil. LOUISA Professional Coffee's Average Total Inventories for the quarter that ended in Mar. 2024 was NT$51 Mil. LOUISA Professional Coffee's Inventory Turnover for the quarter that ended in Mar. 2024 was 6.30.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. LOUISA Professional Coffee's Days Inventory for the three months ended in Mar. 2024 was 14.49.

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. LOUISA Professional Coffee's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.09.


LOUISA Professional Coffee Inventory Turnover Historical Data

The historical data trend for LOUISA Professional Coffee'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.

LOUISA Professional Coffee Inventory Turnover Chart

LOUISA Professional Coffee Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial 28.71 22.51 19.49 25.60 26.03

LOUISA Professional Coffee Quarterly Data
Dec18 Dec19 Mar20 Jun20 Dec20 Mar21 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory Turnover 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 6.19 3.64 7.35 6.83 6.30

LOUISA Professional Coffee Inventory Turnover Calculation

LOUISA Professional Coffee'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 )
=1365.976 / ((53.918 + 51.039) / 2 )
=1365.976 / 52.4785
=26.03

LOUISA Professional Coffee'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 )
=319.93 / ((51.039 + 50.567) / 2 )
=319.93 / 50.803
=6.30

* 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.


LOUISA Professional Coffee  (ROCO:2758) 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.

LOUISA Professional Coffee'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
=50.803/319.93*365 / 4
=14.49

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.

LOUISA Professional Coffee'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 )
=50.803 / 571.687
=0.09

* 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.


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.


LOUISA Professional Coffee Inventory Turnover Related Terms

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LOUISA Professional Coffee (ROCO:2758) Business Description

Traded in Other Exchanges
N/A
Address
No. 55, Jianguo 1st Road, Xinzhuang District, NewTaipei, TWN, 242
LOUISA Professional Coffee Ltd manufactures and distributes coffee products.

LOUISA Professional Coffee (ROCO:2758) Headlines

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