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Cystech Electronics (ROCO:6651) Inventory Turnover : 0.78 (As of Jun. 2024)


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What is Cystech Electronics 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. Cystech Electronics's Cost of Goods Sold for the three months ended in Jun. 2024 was NT$216 Mil. Cystech Electronics's Average Total Inventories for the quarter that ended in Jun. 2024 was NT$279 Mil. Cystech Electronics's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.78.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cystech Electronics's Days Inventory for the three months ended in Jun. 2024 was 117.67.

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. Cystech Electronics's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.82.


Cystech Electronics Inventory Turnover Historical Data

The historical data trend for Cystech Electronics'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.

* Premium members only.

Cystech Electronics Inventory Turnover Chart

Cystech Electronics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.13 3.23 3.07 2.07 1.93

Cystech Electronics Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.43 0.54 0.60 0.68 0.78

Cystech Electronics Inventory Turnover Calculation

Cystech Electronics'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 )
=880.912 / ((587.287 + 326.329) / 2 )
=880.912 / 456.808
=1.93

Cystech Electronics's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover (Q: Jun. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2024 ) / ((Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count )
=216.134 / ((282.557 + 274.852) / 2 )
=216.134 / 278.7045
=0.78

* 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.


Cystech Electronics  (ROCO:6651) 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.

Cystech Electronics's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=278.7045/216.134*365 / 4
=117.67

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.

Cystech Electronics's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=278.7045 / 338.305
=0.82

* 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.


Cystech Electronics Inventory Turnover Related Terms

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Cystech Electronics Business Description

Traded in Other Exchanges
N/A
Address
Chung Cheng Road, 13F-7, No.716, Zhong Ho District, New Taipei City, TWN, 235
Cystech Electronics Corp develops and supplies power devices and transistor. It offers integrated circuits, bioplar & digital transistor, MOSFET Data, rectifier, and SCR. The company's products applied in computing, consumer electronics, communications, and industrial segments.

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