Powertip Image (ROCO:6498) Inventory Turnover : 2.75 (As of Dec. 2024)

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What is Powertip Image 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. Powertip Image's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$156.0 Mil. Powertip Image's Average Total Inventories for the quarter that ended in Dec. 2024 was NT$56.7 Mil. Powertip Image's Inventory Turnover for the quarter that ended in Dec. 2024 was 2.75.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Powertip Image's Days Inventory for the three months ended in Dec. 2024 was 33.18.

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. Powertip Image's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.19.

Powertip Image Inventory Turnover Historical Data

The historical data trend for Powertip Image'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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Powertip Image Inventory Turnover Chart

Powertip Image Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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19.60

10.25

7.06

7.28

10.69

Powertip Image Quarterly Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															2.05	1.78	-	2.18	2.75

Powertip Image Inventory Turnover Calculation

Powertip Image'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 )
=	554.076	/ (	(68.741	+	34.964)	/	2 )
=	554.076	/	51.8525
=	10.69

Powertip Image'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 )
=	156	/ (	(78.488	+	34.964)	/	2 )
=	156	/	56.726
=	2.75

Powertip Image (ROCO:6498) 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.

Powertip Image'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
	=	56.726	/	156	*	365 / 4
	=	33.18

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.

Powertip Image'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 )
	=	56.726	/	292.515
	=	0.19

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.

Powertip Image Inventory Turnover Related Terms

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Powertip Image Business Description

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Address

3rd Floor, No.8, Gongyequ 6th Road, Xitun District, Taichung, TWN, 40755

Website

http://www.powertip.com.tw

Powertip Image Corp is a Taiwan based manufacturer of small to mid-size full-color TFT and monochrome displays as well as resistive and capacitive touch panels. The company's product lines include Embedded solutions, Evaluation board, EM Touch, VATN/PBT LCD Modules and Graphic LCD Modules among others. It earns revenue from sales of lens products.

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