ASEC International (ROCO:6113) Inventory Turnover : 1.15 (As of Mar. 2025)

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What is ASEC International 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. ASEC International's Cost of Goods Sold for the three months ended in Mar. 2025 was NT$129.8 Mil. ASEC International's Average Total Inventories for the quarter that ended in Mar. 2025 was NT$112.9 Mil. ASEC International's Inventory Turnover for the quarter that ended in Mar. 2025 was 1.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ASEC International's Days Inventory for the three months ended in Mar. 2025 was 79.38.

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. ASEC International's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.69.

ASEC International Inventory Turnover Historical Data

The historical data trend for ASEC International'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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ASEC International Inventory Turnover Chart

ASEC International Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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9.93

10.64

7.05

3.82

3.26

ASEC International Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Inventory Turnover	Get a 7-Day Free Trial															0.70	0.81	1.10	0.99	1.15

ASEC International Inventory Turnover Calculation

ASEC International'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 )
=	624.123	/ (	(247.348	+	135.545)	/	2 )
=	624.123	/	191.4465
=	3.26

ASEC International's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

	Inventory Turnover (Q: Mar. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2025 )	/ (	(Total Inventories (Q: Dec. 2024 )	+	Total Inventories (Q: Mar. 2025 ))	/	count )
=	129.801	/ (	(135.545	+	90.274)	/	2 )
=	129.801	/	112.9095
=	1.15

ASEC International (ROCO:6113) 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.

ASEC International's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2025 )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
	=	112.9095	/	129.801	*	365 / 4
	=	79.38

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.

ASEC International's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2025 )	/	Revenue (Q: Mar. 2025 )
	=	112.9095	/	163.164
	=	0.69

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.

ASEC International Inventory Turnover Related Terms

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ASEC International Business Description

Industry

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Traded in Other Exchanges

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Address

7F. No. 58, Jhouzih Street, Neihu District, Taiepi, TWN, 114

Website

http://www.asec.com.tw

ASEC International Corp markets computer memory chips, network communication chips, consumer electronics chips/module, system on chip, software, and body parts. Its products are used in computer, multimedia, communication, and consumer markets.

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