International Integrated Systems (ROCO:6614) Inventory Turnover : 8.99 (As of Dec. 2024)

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What is International Integrated Systems 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. International Integrated Systems's Cost of Goods Sold for the six months ended in Dec. 2024 was NT$2,782 Mil. International Integrated Systems's Average Total Inventories for the quarter that ended in Dec. 2024 was NT$309 Mil. International Integrated Systems's Inventory Turnover for the quarter that ended in Dec. 2024 was 8.99.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. International Integrated Systems's Days Inventory for the six months ended in Dec. 2024 was 20.29.

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. International Integrated Systems's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.10.

International Integrated Systems Inventory Turnover Historical Data

The historical data trend for International Integrated Systems'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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International Integrated Systems Inventory Turnover Chart

International Integrated Systems Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

7.42

9.97

9.04

9.49

International Integrated Systems Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24	Dec24
Inventory Turnover	Get a 7-Day Free Trial			-	6.19	3.76	3.98	8.99

International Integrated Systems Inventory Turnover Calculation

International Integrated Systems'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 )
=	4459.458	/ (	(581.932	+	358.144)	/	2 )
=	4459.458	/	470.038
=	9.49

International Integrated Systems'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 )
=	2782.451	/ (	(260.698	+	358.144)	/	2 )
=	2782.451	/	309.421
=	8.99

International Integrated Systems (ROCO:6614) 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.

International Integrated Systems'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
	=	309.421	/	2782.451	*	365 / 2
	=	20.29

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.

International Integrated Systems'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 )
	=	309.421	/	3160.033
	=	0.10

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.

International Integrated Systems Inventory Turnover Related Terms

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International Integrated Systems Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

Xianmin Boulevard, 6th Floor, N0. 7, Sec. 2, Banqiao District, New Taipei City, TWN, 22041

Website

https://www.iisigroup.com

International Integrated Systems Inc is an information and communication technology company. The company is engaged in system implementation and software development. The services provided by the company are Applications Development, Outsourcing and Globalization Services, Security Management and Consulting Services, Systems Integration and IT Maintenance Services, Business Solution Distribution, and others.

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