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Jarllytec Co (ROCO:3548) Inventory Turnover : 2.29 (As of Mar. 2024)


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What is Jarllytec 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. Jarllytec Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$1,977 Mil. Jarllytec Co's Average Total Inventories for the quarter that ended in Mar. 2024 was NT$865 Mil. Jarllytec Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jarllytec Co's Days Inventory for the three months ended in Mar. 2024 was 39.93.

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. Jarllytec Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.36.


Jarllytec Co Inventory Turnover Historical Data

The historical data trend for Jarllytec 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.

Jarllytec Co Inventory Turnover Chart

Jarllytec Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.38 7.74 8.84 7.57 8.72

Jarllytec 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 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 1.57 2.20 2.78 2.28 2.29

Jarllytec Co Inventory Turnover Calculation

Jarllytec 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 )
=6737.414 / ((679.004 + 866.94) / 2 )
=6737.414 / 772.972
=8.72

Jarllytec 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 )
=1976.993 / ((866.94 + 863.088) / 2 )
=1976.993 / 865.014
=2.29

* 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.


Jarllytec Co  (ROCO:3548) 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.

Jarllytec 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
=865.014/1976.993*365 / 4
=39.93

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.

Jarllytec 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 )
=865.014 / 2378.584
=0.36

* 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.


Jarllytec Co Inventory Turnover Related Terms

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Jarllytec Co (ROCO:3548) Business Description

Traded in Other Exchanges
N/A
Address
No. 13, Wugong 5th Road, Sin Jhuang District, New Taipei City, TWN
Jarllytec Co Ltd is a Taiwan-based company engaged in developing, designing, production, assembly, inspection, manufacturing, and selling stamping parts, hinges, and MIM, which are widely applied in NB, LCD monitor, LCD TV, and 3C-related products. Its operating segments include Hinge, Fiber Optic, and Reconciliation and elimination. It generates maximum revenue from the Hinge segment. Geographically, it derives a majority of its revenue from China and also has a presence in Taiwan, the United States, and Other Countries.

Jarllytec Co (ROCO:3548) Headlines

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