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Tailyn Technologies (ROCO:5353) Inventory Turnover : 0.85 (As of Mar. 2024)


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What is Tailyn Technologies 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. Tailyn Technologies's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$375 Mil. Tailyn Technologies's Average Total Inventories for the quarter that ended in Mar. 2024 was NT$442 Mil. Tailyn Technologies's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.85.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tailyn Technologies's Days Inventory for the three months ended in Mar. 2024 was 107.55.

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. Tailyn Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.91.


Tailyn Technologies Inventory Turnover Historical Data

The historical data trend for Tailyn Technologies'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.

Tailyn Technologies Inventory Turnover Chart

Tailyn Technologies 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 5.93 5.05 3.35 2.78 2.82

Tailyn Technologies 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 0.67 0.72 0.72 0.73 0.85

Tailyn Technologies Inventory Turnover Calculation

Tailyn Technologies'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 )
=1483.827 / ((576.621 + 473.999) / 2 )
=1483.827 / 525.31
=2.82

Tailyn Technologies'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 )
=374.842 / ((473.999 + 409.577) / 2 )
=374.842 / 441.788
=0.85

* 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.


Tailyn Technologies  (ROCO:5353) 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.

Tailyn Technologies'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
=441.788/374.842*365 / 4
=107.55

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.

Tailyn Technologies'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 )
=441.788 / 484.217
=0.91

* 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.


Tailyn Technologies Inventory Turnover Related Terms

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Tailyn Technologies (ROCO:5353) Business Description

Traded in Other Exchanges
N/A
Address
No.10, Rungan Road, Luzhu Shiang District, Taoyuan, TWN
Tailyn Technologies Inc is engaged in providing communication products and services. The company offers product manufacturing, OEM, sales, and related software and hardware design services in communication and industrial applications.

Tailyn Technologies (ROCO:5353) Headlines

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