LuxNet (ROCO:4979) Inventory Turnover : 2.08 (As of Dec. 2024)

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What is LuxNet 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. LuxNet's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$867 Mil. LuxNet's Average Total Inventories for the quarter that ended in Dec. 2024 was NT$417 Mil. LuxNet's Inventory Turnover for the quarter that ended in Dec. 2024 was 2.08.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. LuxNet's Days Inventory for the three months ended in Dec. 2024 was 43.86.

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. LuxNet's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.40.

LuxNet Inventory Turnover Historical Data

The historical data trend for LuxNet'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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LuxNet Inventory Turnover Chart

LuxNet Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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3.61

2.94

2.43

4.64

5.96

LuxNet 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															1.65	0.96	1.27	1.70	2.08

LuxNet Inventory Turnover Calculation

LuxNet'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 )
=	2819.255	/ (	(559.947	+	385.381)	/	2 )
=	2819.255	/	472.664
=	5.96

LuxNet'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 )
=	867.114	/ (	(448.129	+	385.381)	/	2 )
=	867.114	/	416.755
=	2.08

LuxNet (ROCO:4979) 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.

LuxNet'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
	=	416.755	/	867.114	*	365 / 4
	=	43.86

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.

LuxNet'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 )
	=	416.755	/	1048.11
	=	0.40

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.

LuxNet Inventory Turnover Related Terms

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LuxNet Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » LuxNet Corp (ROCO:4979) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

No. 6, Hejiang Road, Zhongli District, Taoyuan, TWN, 32061

Website

http://www.luxnetcorp.com.tw

LuxNet Corp designs, develop and manufactures optical semiconductor devices and packaged optical components. It is involved in the manufacturing, processing, and sale of electronic components and active components for optical communication and the retail sale of electronic materials. The company's product includes active components for optical communication, chips, modules, and others. These products are used in high-speed voice video and data communications for networking, storage, and cable television applications. The company conducts its business operations in Taiwan, China, and the United States of America.

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