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Uni Travel Services Co (ROCO:6961) Inventory Turnover : 757.99 (As of Jun. 2024)


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What is Uni Travel Services 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. Uni Travel Services Co's Cost of Goods Sold for the six months ended in Jun. 2024 was NT$1,861 Mil. Uni Travel Services Co's Average Total Inventories for the quarter that ended in Jun. 2024 was NT$2 Mil. Uni Travel Services Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 757.99.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Uni Travel Services Co's Days Inventory for the six months ended in Jun. 2024 was 0.24.

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. Uni Travel Services Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.00.

Uni Travel Services Co Inventory Turnover Historical Data

The historical data trend for Uni Travel Services 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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Uni Travel Services Co Inventory Turnover Chart

Uni Travel Services Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Inventory Turnover
- 38.12 114.61 1,095.10

Uni Travel Services Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Inventory Turnover Get a 7-Day Free Trial 40.60 66.22 483.06 781.80 757.99

Uni Travel Services Co Inventory Turnover Calculation

Uni Travel Services Co'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 )
=2508.316 / ((2.038 + 2.543) / 2 )
=2508.316 / 2.2905
=1,095.10

Uni Travel Services Co'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: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count )
=1860.876 / ((2.543 + 2.367) / 2 )
=1860.876 / 2.455
=757.99

* 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.

Uni Travel Services Co  (ROCO:6961) 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.

Uni Travel Services Co's Days Inventory for the six 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
=2.455/1860.876*365 / 2
=0.24

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.

Uni Travel Services Co'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 )
=2.455 / 2058.071
=0.00

* 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.

Uni Travel Services Co Inventory Turnover Related Terms

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Uni Travel Services Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Uni Travel Services Co Ltd (ROCO:6961) » Definitions » Inventory Turnover
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Traded in Other Exchanges
N/A
Address
No. 151, Shitan Road, 4th Floor, Neihu District, Taipei City, TWN
Website
https://www.gounitravel.com
Uni Travel Services Co Ltd is engaged in the traveling business. The firm is mainly engaged in arranging domestic and overseas sightseeing services.

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