ThroughTek Co (ROCO:6565) Inventory Turnover : 446.72 (As of Dec. 2024)

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What is ThroughTek 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. ThroughTek Co's Cost of Goods Sold for the six months ended in Dec. 2024 was NT$67.2 Mil. ThroughTek Co's Average Total Inventories for the quarter that ended in Dec. 2024 was NT$0.2 Mil. ThroughTek Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 446.72.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ThroughTek Co's Days Inventory for the six months ended in Dec. 2024 was 0.41.

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. ThroughTek Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.00.

ThroughTek Co Inventory Turnover Historical Data

The historical data trend for ThroughTek 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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ThroughTek Co Inventory Turnover Chart

ThroughTek Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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134.91

54.17

144.95

5,835.90

928.11

ThroughTek Co Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															1,361.04	2,509.50	2,709.83	4,180.00	446.72

ThroughTek Co Inventory Turnover Calculation

ThroughTek Co'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 )
=	134.112	/ (	(0.01	+	0.279)	/	2 )
=	134.112	/	0.1445
=	928.11

ThroughTek Co'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: Jun. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	67.232	/ (	(0.022	+	0.279)	/	2 )
=	67.232	/	0.1505
=	446.72

ThroughTek Co (ROCO:6565) 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.

ThroughTek Co's Days Inventory for the six 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
	=	0.1505	/	67.232	*	365 / 2
	=	0.41

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.

ThroughTek Co'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 )
	=	0.1505	/	131.481
	=	0.00

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.

ThroughTek Co Inventory Turnover Related Terms

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ThroughTek Co Business Description

Industry

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Address

Lane 12, Xingzhong Road, 5th Floor, No. 21, Nangang District, Taipei, TWN, 11579

Website

https://www.throughtek.com

ThroughTek Co Ltd is a Taiwan-based company involved in network monitoring device-related software or firmware development services, IoT cloud connection platform software or firmware solution services, cloud services, cloud platform licensing and smart home networking product. The solutions provided by the company include Streaming Service, Video Recording, Two-Way Communication, Connected Car, Data Analytics and Home Automation among others.

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