Power Master Energy Co (ROCO:6839) Inventory Turnover : 1.63 (As of Dec. 2024)

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What is Power Master Energy 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. Power Master Energy Co's Cost of Goods Sold for the six months ended in Dec. 2024 was NT$1,123 Mil. Power Master Energy Co's Average Total Inventories for the quarter that ended in Dec. 2024 was NT$687 Mil. Power Master Energy Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.63.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Power Master Energy Co's Days Inventory for the six months ended in Dec. 2024 was 111.72.

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. Power Master Energy Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.71.

Power Master Energy Co Inventory Turnover Historical Data

The historical data trend for Power Master Energy 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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Power Master Energy Co Inventory Turnover Chart

Power Master Energy Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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24.09

9.55

6.74

2.22

2.45

Power Master Energy Co Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Inventory Turnover	Get a 7-Day Free Trial							2.32	1.71	0.78	0.84	1.63

Power Master Energy Co Inventory Turnover Calculation

Power Master Energy 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 )
=	1852.514	/ (	(938.384	+	576.262)	/	2 )
=	1852.514	/	757.323
=	2.45

Power Master Energy 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 )
=	1122.922	/ (	(798.622	+	576.262)	/	2 )
=	1122.922	/	687.442
=	1.63

Power Master Energy Co (ROCO:6839) 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.

Power Master Energy 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
	=	687.442	/	1122.922	*	365 / 2
	=	111.72

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.

Power Master Energy 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 )
	=	687.442	/	972.982
	=	0.71

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.

Power Master Energy Co Inventory Turnover Related Terms

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Power Master Energy Co Business Description

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Address

3, Zhongzheng Road, 8th Floor, No. 651, Xinzhuang District, New Taipei City, TWN

Website

https://www.powermaster.com.tw

Power Master Energy Co Ltd Formerly Power Master II Holdings Co Ltd is a professional solar power system provider in Taiwan. The business scope is divided into the four main axes of the solar power systems: Engineering Contract EPC, Power Plant Investment, Maintenance Operation Management, and Energy Storage System. It also develops solar photovoltaic components such as modules, brackets, and inverters.

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