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Giantec Semiconductor (SHSE:688123) Inventory Turnover : 0.41 (As of Mar. 2025)


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What is Giantec Semiconductor 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. Giantec Semiconductor's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥104 Mil. Giantec Semiconductor's Average Total Inventories for the quarter that ended in Mar. 2025 was ¥253 Mil. Giantec Semiconductor's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.41.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Giantec Semiconductor's Days Inventory for the three months ended in Mar. 2025 was 222.94.

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. Giantec Semiconductor's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.97.


Giantec Semiconductor Inventory Turnover Historical Data

The historical data trend for Giantec Semiconductor'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.

Giantec Semiconductor Inventory Turnover Chart

Giantec Semiconductor Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only 5.35 3.99 2.07 1.72 1.98

Giantec Semiconductor Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.50 0.55 0.51 0.50 0.41

Giantec Semiconductor Inventory Turnover Calculation

Giantec Semiconductor'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 )
=464.687 / ((225.18 + 243.376) / 2 )
=464.687 / 234.278
=1.98

Giantec Semiconductor'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 )
=103.664 / ((243.376 + 263.174) / 2 )
=103.664 / 253.275
=0.41

* 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.


Giantec Semiconductor  (SHSE:688123) 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.

Giantec Semiconductor'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
=253.275/103.664*365 / 4
=222.94

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.

Giantec Semiconductor'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 )
=253.275 / 261.066
=0.97

* 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.


Giantec Semiconductor Inventory Turnover Related Terms

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Giantec Semiconductor Business Description

Traded in Other Exchanges
N/A
Address
No.12, Lane 647, Songtao Road, Zhangjiang Hi-Tech Park, Pudong New Area, Shanghai, CHN
Giantec Semiconductor Corp is engaged in research and development, design and sales of integrated circuit products, and provides application solutions and technical support services. The company has four product lines, EEPROM, MCU/Smart Card, VCM Driver and OPA. It provides products to various industries including electronics, networking, telecommunication, home electronic applications, computers, smart energy meters, medical, automotive, transportation.
Executives
Wang Shang Core technical personnel
Weng Hua Qiang Directors, senior managers
Li Sheng Jun Core technical personnel
Chen Jun Fei Core technical personnel
Xia Tian Core technical personnel
Zhou Zhong Core technical personnel

Giantec Semiconductor Headlines

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