Weleader Biomedical Co (ROCO:7713) Inventory Turnover : 1.55 (As of Mar. 2025)

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What is Weleader Biomedical 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. Weleader Biomedical Co's Cost of Goods Sold for the three months ended in Mar. 2025 was NT$167 Mil. Weleader Biomedical Co's Average Total Inventories for the quarter that ended in Mar. 2025 was NT$108 Mil. Weleader Biomedical Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 1.55.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Weleader Biomedical Co's Days Inventory for the three months ended in Mar. 2025 was 58.73.

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. Weleader Biomedical Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.44.

Weleader Biomedical Co Inventory Turnover Historical Data

The historical data trend for Weleader Biomedical 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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Weleader Biomedical Co Inventory Turnover Chart

Weleader Biomedical Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

12.54

12.80

12.54

9.71

8.00

Weleader Biomedical Co Quarterly Data
	Dec20	Dec21	Dec22	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Inventory Turnover	Get a 7-Day Free Trial						2.23	1.91	1.89	1.78	1.55

Weleader Biomedical Co Inventory Turnover Calculation

Weleader Biomedical 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 )
=	674.801	/ (	(69.673	+	99.064)	/	2 )
=	674.801	/	84.3685
=	8.00

Weleader Biomedical 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 )
=	167.14	/ (	(99.064	+	116.095)	/	2 )
=	167.14	/	107.5795
=	1.55

Weleader Biomedical Co (ROCO:7713) 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.

Weleader Biomedical 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
	=	107.5795	/	167.14	*	365 / 4
	=	58.73

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.

Weleader Biomedical 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 )
	=	107.5795	/	245.133
	=	0.44

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.

Weleader Biomedical Co Inventory Turnover Related Terms

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Weleader Biomedical Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Weleader Biomedical Co Ltd (ROCO:7713) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 80, Minzu 1st Road, Floor 19, Sanmin District, Kaohsiung, TWN

Website

https://www.weleader.com.tw

Weleader Biomedical Co Ltd is mainly engages in the sales of medical testing reagents and medical devices; and the leasing of testing instruments.

Weleader Biomedical Co Headlines

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