Xxentria Technology Materials (ROCO:8942) Inventory Turnover : 0.42 (As of Mar. 2024)

View and export this data going back to 2003. Start your Free Trial

What is Xxentria Technology Materials 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. Xxentria Technology Materials's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$648 Mil. Xxentria Technology Materials's Average Total Inventories for the quarter that ended in Mar. 2024 was NT$1,548 Mil. Xxentria Technology Materials's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.42.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Xxentria Technology Materials's Days Inventory for the three months ended in Mar. 2024 was 217.76.

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. Xxentria Technology Materials's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.42.

Xxentria Technology Materials Inventory Turnover Historical Data

The historical data trend for Xxentria Technology Materials'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.

Xxentria Technology Materials Inventory Turnover Chart

Xxentria Technology Materials Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

2.37

2.05

3.22

2.62

2.23

Xxentria Technology Materials Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.63	0.73	0.61	0.37	0.42

Xxentria Technology Materials Inventory Turnover Calculation

Xxentria Technology Materials'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 )
=	3287.261	/ (	(1350.009	+	1597.042)	/	2 )
=	3287.261	/	1473.5255
=	2.23

Xxentria Technology Materials's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	648.475	/ (	(1597.042	+	1498.023)	/	2 )
=	648.475	/	1547.5325
=	0.42

Xxentria Technology Materials (ROCO:8942) 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.

Xxentria Technology Materials's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	1547.5325	/	648.475	*	365 / 4
	=	217.76

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.

Xxentria Technology Materials's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	1547.5325	/	1087.048
	=	1.42

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.

Xxentria Technology Materials Inventory Turnover Related Terms

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

Xxentria Technology Materials (ROCO:8942) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Xxentria Technology Materials Corp (ROCO:8942) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 411, Section 1, Zhongshan Road, 7th floor, Guiren District, Tainan, TWN, 711

Website

https://www.xxentria-tech.com

Xxentria Technology Materials Corp is engaged in the manufacturing, processing, import, and export of aluminum composite panels, plastic panels, plastic strips, foamed plastic panels, foamed plastic strips, electronic components, and building materials; processing and assembly of aluminum-plastic composite panels; interior design, surface treatment, heat treatment, and manufacturing and sales of other metal products. It serves architectural; solar and transportation sectors.

Xxentria Technology Materials (ROCO:8942) Headlines

No Headlines