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Seetel New Energy Co (ROCO:7740) Inventory Turnover : 4.25 (As of Dec. 2024)


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What is Seetel New Energy 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. Seetel New Energy Co's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$109.2 Mil. Seetel New Energy Co's Average Total Inventories for the quarter that ended in Dec. 2024 was NT$25.7 Mil. Seetel New Energy Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 4.25.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Seetel New Energy Co's Days Inventory for the three months ended in Dec. 2024 was 21.48.

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. Seetel New Energy Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.13.

Seetel New Energy Co Inventory Turnover Historical Data

The historical data trend for Seetel New Energy 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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Seetel New Energy Co Inventory Turnover Chart

Seetel New Energy Co Annual Data
Trend Dec22 Dec23 Dec24
Inventory Turnover
10.95 1.10 6.10

Seetel New Energy Co Quarterly Data
Dec22 Sep23 Dec23 Jun24 Sep24 Dec24
Inventory Turnover Get a 7-Day Free Trial 0.32 0.25 - 13.52 4.25

Seetel New Energy Co Inventory Turnover Calculation

Seetel New Energy 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 )
=327.966 / ((62.028 + 45.554) / 2 )
=327.966 / 53.791
=6.10

Seetel New Energy Co's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover (Q: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2024 ) / ((Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count )
=109.234 / ((5.883 + 45.554) / 2 )
=109.234 / 25.7185
=4.25

* 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.

Seetel New Energy Co  (ROCO:7740) 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.

Seetel New Energy Co's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=25.7185/109.234*365 / 4
=21.48

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.

Seetel New Energy Co's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=25.7185 / 196.088
=0.13

* 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.

Seetel New Energy Co Inventory Turnover Related Terms

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Seetel New Energy Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Seetel New Energy Co Ltd (ROCO:7740) » Definitions » Inventory Turnover
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ROCO:8931 NEE SO DUK LSE:NG. AEP EXC D BOM:532555 PEG XEL ED PCG ETR WEC BOM:532898 XMAD:ELE DTE XPRA:CEZ PPL
Traded in Other Exchanges
N/A
Address
No. 89, Section. 5, Nanjing East Road, 12 th Floor, Songshan District, Taipei, TWN
Website
https://www.seetel-energy.com
Seetel New Energy Co Ltd is engaged in battery module design and power management technology. Its products are energy storage systems, automatic frequency control, and Energy management control systems.

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