Forg Innovation Co (ROCO:4712) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is Forg Innovation 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. Forg Innovation Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$0.78 Mil. Forg Innovation Co's Average Total Inventories for the quarter that ended in Mar. 2024 was NT$0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Forg Innovation 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. Forg Innovation Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Forg Innovation Co Inventory Turnover Historical Data

The historical data trend for Forg Innovation 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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Forg Innovation Co Inventory Turnover Chart

Forg Innovation Co Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Inventory Turnover

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15.17

6.08

2.76

1.72

3.43

Forg Innovation Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.44	0.08	-	-	-

Forg Innovation Co Inventory Turnover Calculation

Forg Innovation Co's Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as

	Inventory Turnover (A: Dec. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2021 )	/ (	(Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )
=	54.11	/ (	(25.056	+	6.474)	/	2 )
=	54.11	/	15.765
=	3.43

Forg Innovation 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: Sep. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	0.78	/ (	(0	+	0)	/	1 )
=	0.78	/	0
=	N/A

Forg Innovation Co (ROCO:4712) 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.

Forg Innovation 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	/	0.78	*	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.

Forg Innovation 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	/	0.081
	=	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.

Forg Innovation Co Inventory Turnover Related Terms

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Forg Innovation Co (ROCO:4712) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Forg Innovation Co Ltd (ROCO:4712) » Definitions » Inventory Turnover

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N/A

Address

23 Floor, No. 1086, Zhongzheng Road, Taoyuan District, Taoyuan City, TWN

Website

https://www.nantsan.com.tw

Forg Innovation Co Ltd Formerly Forkluck Innovation Co Ltd is engaged in the wholesale of aquatic products. The company's products include grouper, eels, sweetfish, king crabs, East Asian four-finger threadfin, and others.

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