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Chung Lien Co (ROCO:5604) Inventory Turnover : 0.00 (As of Mar. 2024)


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What is Chung Lien 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. Chung Lien Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$6.8 Mil. Chung Lien Co's Average Total Inventories for the quarter that ended in Mar. 2024 was NT$0.0 Mil.

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

Chung Lien Co Inventory Turnover Historical Data

The historical data trend for Chung Lien 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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Chung Lien Co Inventory Turnover Chart

Chung Lien Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
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Chung Lien Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Chung Lien Co Inventory Turnover Calculation

Chung Lien 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 )
=29.3 / ((0 + 0) / 1 )
=29.3 / 0
=N/A

Chung Lien 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 )
=6.814 / ((0 + 0) / 1 )
=6.814 / 0
=N/A

* 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.

Chung Lien Co  (ROCO:5604) 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.

Chung Lien 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
=0/6.814*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.

Chung Lien 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 / 40.586
=0.00

* 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.

Chung Lien Co Inventory Turnover Related Terms

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Chung Lien Co (ROCO:5604) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Chung Lien Co Ltd (ROCO:5604) » Definitions » Inventory Turnover
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TPE:2608 ODFL SAIA TSX:TFII XPO KNX TSE:9064 SNDR ARCB TSE:9076 WERN RXO SHSE:603056 SHSE:600662 MRTN SHSE:603569 TSE:9075 SHSE:603223 HTLD HKSE:09956
Traded in Other Exchanges
N/A
Address
No. 7, Gongyequ 1ST Road, Xitun District, Taichung, TWN, 407018
Website
http://www.cltc.com.tw
Chung Lien Co Ltd formerly Chung Lien Transportation Co Ltd provides door-to-door motor freight transportation service to customers in Taiwan. It provides truckload service, cross-docking, assembly, labeling, packaging, truckload, and warehousing services.

Chung Lien Co (ROCO:5604) Headlines

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