DuoGenic StemCells (ROCO:7607) Inventory Turnover : 0.50 (As of Jun. 2024)

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What is DuoGenic StemCells 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. DuoGenic StemCells's Cost of Goods Sold for the six months ended in Jun. 2024 was NT$4.15 Mil. DuoGenic StemCells's Average Total Inventories for the quarter that ended in Jun. 2024 was NT$8.25 Mil. DuoGenic StemCells's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.50.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. DuoGenic StemCells's Days Inventory for the six months ended in Jun. 2024 was 363.15.

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. DuoGenic StemCells's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 1.62.

DuoGenic StemCells Inventory Turnover Historical Data

The historical data trend for DuoGenic StemCells'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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DuoGenic StemCells Inventory Turnover Chart

DuoGenic StemCells Annual Data

Trend

Dec21

Dec22

Dec23

Inventory Turnover

2.06

1.09

1.00

DuoGenic StemCells Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Inventory Turnover	Get a 7-Day Free Trial			0.78	0.43	0.79	0.49	0.50

DuoGenic StemCells Inventory Turnover Calculation

DuoGenic StemCells'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 )
=	8.768	/ (	(5.721	+	11.824)	/	2 )
=	8.768	/	8.7725
=	1.00

DuoGenic StemCells'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 )
=	4.148	/ (	(11.824	+	4.684)	/	2 )
=	4.148	/	8.254
=	0.50

DuoGenic StemCells (ROCO:7607) 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.

DuoGenic StemCells'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
	=	8.254	/	4.148	*	365 / 2
	=	363.15

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.

DuoGenic StemCells'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 )
	=	8.254	/	5.092
	=	1.62

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.

DuoGenic StemCells Inventory Turnover Related Terms

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DuoGenic StemCells Business Description

Industry

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Traded in Other Exchanges

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Address

Room R207, Innovation Incubation Center, 145, Xingda Road, South District, Taichung, TWN

Website

https://www.dgsc.com.tw

DuoGenic StemCells Corp is a company having a team of passionate researchers focused on stem cell cultivation. Their products are intended for research use and can be upgraded for clinical applications. It also develops blood cell therapy programs, using the isolation and purification of blood mononuclear cells to remove granule cells that promote inflammation, and conducts clinical trials on various degenerative diseases to provide a convenient and simple new option for cell therapy.

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