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FeedBack Tech (ROCO:8091) Inventory Turnover : 0.64 (As of Sep. 2024)


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What is FeedBack Tech 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. FeedBack Tech's Cost of Goods Sold for the three months ended in Sep. 2024 was NT$340 Mil. FeedBack Tech's Average Total Inventories for the quarter that ended in Sep. 2024 was NT$529 Mil. FeedBack Tech's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.64.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. FeedBack Tech's Days Inventory for the three months ended in Sep. 2024 was 142.23.

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. FeedBack Tech's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.03.


FeedBack Tech Inventory Turnover Historical Data

The historical data trend for FeedBack Tech'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.

FeedBack Tech Inventory Turnover Chart

FeedBack Tech Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.55 2.48 2.88 2.76 2.23

FeedBack Tech Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.56 0.56 0.55 0.60 0.64

FeedBack Tech Inventory Turnover Calculation

FeedBack Tech'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 )
=1162.991 / ((489.986 + 554.933) / 2 )
=1162.991 / 522.4595
=2.23

FeedBack Tech's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover (Q: Sep. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2024 ) / ((Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count )
=339.698 / ((532.999 + 525.948) / 2 )
=339.698 / 529.4735
=0.64

* 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.


FeedBack Tech  (ROCO:8091) 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.

FeedBack Tech's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=529.4735/339.698*365 / 4
=142.23

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.

FeedBack Tech's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=529.4735 / 515.882
=1.03

* 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.


FeedBack Tech Inventory Turnover Related Terms

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FeedBack Tech Business Description

Traded in Other Exchanges
N/A
Address
Number 221, Nioupu South Road, Xiangshan District, Hsinchu, TWN, 30091
FeedBack Tech Corp is a Taiwan-based company engaged in the manufacture of semiconductor key components. The company offers ion implanters, vacuum equipment, byproduct solutions, and metal-organic vapor phase epitaxies. It also engaged in the trading of electronic machinery and parts. Its products include turbo pumps, welded bellows, source bushing, and gauge controllers.

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