Norbel Baby Co (ROCO:6844) Inventory Turnover : 0.68 (As of Mar. 2025)

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What is Norbel Baby 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. Norbel Baby Co's Cost of Goods Sold for the three months ended in Mar. 2025 was NT$580 Mil. Norbel Baby Co's Average Total Inventories for the quarter that ended in Mar. 2025 was NT$852 Mil. Norbel Baby Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.68.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Norbel Baby Co's Days Inventory for the three months ended in Mar. 2025 was 134.02.

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. Norbel Baby Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.98.

Norbel Baby Co Inventory Turnover Historical Data

The historical data trend for Norbel Baby 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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Norbel Baby Co Inventory Turnover Chart

Norbel Baby Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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3.50

3.06

3.00

2.81

2.82

Norbel Baby Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Inventory Turnover	Get a 7-Day Free Trial													0.72	0.71	0.68	0.67	0.68

Norbel Baby Co Inventory Turnover Calculation

Norbel Baby 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 )
=	2264.315	/ (	(758.998	+	846.646)	/	2 )
=	2264.315	/	802.822
=	2.82

Norbel Baby Co's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

	Inventory Turnover (Q: Mar. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2025 )	/ (	(Total Inventories (Q: Dec. 2024 )	+	Total Inventories (Q: Mar. 2025 ))	/	count )
=	580.356	/ (	(846.646	+	858.129)	/	2 )
=	580.356	/	852.3875
=	0.68

Norbel Baby Co (ROCO:6844) 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.

Norbel Baby Co's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2025 )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
	=	852.3875	/	580.356	*	365 / 4
	=	134.02

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.

Norbel Baby Co's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2025 )	/	Revenue (Q: Mar. 2025 )
	=	852.3875	/	870.715
	=	0.98

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.

Norbel Baby Co Inventory Turnover Related Terms

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Norbel Baby Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Norbel Baby Co Ltd (ROCO:6844) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

No. 87, Dachang 2nd Road, Sanmin District, Kaohsiung, TWN

Website

https://www.norbelbaby.com.tw

Norbel Baby Co Ltd mainly engages in the retail and wholesale of maternity and baby care products, medical supplies, dietary supplements and cosmetics.

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