Forcelead Technology (ROCO:6996) Inventory Turnover : 0.74 (As of Mar. 2025)

View and export this data going back to 2023. Start your Free Trial

What is Forcelead Technology 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. Forcelead Technology's Cost of Goods Sold for the three months ended in Mar. 2025 was NT$381 Mil. Forcelead Technology's Average Total Inventories for the quarter that ended in Mar. 2025 was NT$516 Mil. Forcelead Technology's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.74.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Forcelead Technology's Days Inventory for the three months ended in Mar. 2025 was 123.69.

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. Forcelead Technology's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.83.

Forcelead Technology Inventory Turnover Historical Data

The historical data trend for Forcelead Technology'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.

Forcelead Technology Inventory Turnover Chart

Forcelead Technology Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

4.63

6.48

2.88

2.89

3.43

Forcelead Technology Quarterly Data
	Dec20	Dec21	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Inventory Turnover	Get a 7-Day Free Trial							0.81	0.88	0.83	0.79	0.74

Forcelead Technology Inventory Turnover Calculation

Forcelead Technology'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 )
=	1772.747	/ (	(496.08	+	536.844)	/	2 )
=	1772.747	/	516.462
=	3.43

Forcelead Technology'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 )
=	380.645	/ (	(536.844	+	495.049)	/	2 )
=	380.645	/	515.9465
=	0.74

Forcelead Technology (ROCO:6996) 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.

Forcelead Technology'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
	=	515.9465	/	380.645	*	365 / 4
	=	123.69

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.

Forcelead Technology'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 )
	=	515.9465	/	624.295
	=	0.83

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.

Forcelead Technology Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Forcelead Technology's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Forcelead Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Forcelead Technology Corp (ROCO:6996) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

6F-9, No. 5, Taiyuan 1st Street, Hsinchu County, Zhubei, TWN, 302

Website

https://www.forcelead.com.tw

Forcelead Technology Corp is an professional integrated chip design company mainly dedicated to the research and development and sales of display driver chips and touch integrated driver chips. Its products are mainly targeted in the automotive field, including display driver chips for instrument panels, center consoles, heads-up displays, electronic rearview mirrors, circular knobs, etc. The products have been mass-produced in major international automobile manufacturers in Asia, Europe, and America.

Forcelead Technology Headlines

No Headlines