Fulin Plastic Industry (Cayman) Holding Co (TPE:1341) Inventory Turnover : 1.00 (As of Dec. 2024)

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What is Fulin Plastic Industry (Cayman) Holding 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. Fulin Plastic Industry (Cayman) Holding Co's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$616 Mil. Fulin Plastic Industry (Cayman) Holding Co's Average Total Inventories for the quarter that ended in Dec. 2024 was NT$615 Mil. Fulin Plastic Industry (Cayman) Holding Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fulin Plastic Industry (Cayman) Holding Co's Days Inventory for the three months ended in Dec. 2024 was 91.05.

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. Fulin Plastic Industry (Cayman) Holding Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.78.

Fulin Plastic Industry (Cayman) Holding Co Inventory Turnover Historical Data

The historical data trend for Fulin Plastic Industry (Cayman) Holding 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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Fulin Plastic Industry (Cayman) Holding Co Inventory Turnover Chart

Fulin Plastic Industry (Cayman) Holding Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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3.55

3.24

3.15

3.04

3.60

Fulin Plastic Industry (Cayman) Holding Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															0.87	0.82	0.90	0.93	1.00

Fulin Plastic Industry (Cayman) Holding Co Inventory Turnover Calculation

Fulin Plastic Industry (Cayman) Holding 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 )
=	2199.538	/ (	(555.305	+	668.12)	/	2 )
=	2199.538	/	611.7125
=	3.60

Fulin Plastic Industry (Cayman) Holding 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 )
=	616.383	/ (	(562	+	668.12)	/	2 )
=	616.383	/	615.06
=	1.00

Fulin Plastic Industry (Cayman) Holding Co (TPE:1341) 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.

Fulin Plastic Industry (Cayman) Holding 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
	=	615.06	/	616.383	*	365 / 4
	=	91.05

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.

Fulin Plastic Industry (Cayman) Holding 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 )
	=	615.06	/	790.881
	=	0.78

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.

Fulin Plastic Industry (Cayman) Holding Co Inventory Turnover Related Terms

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Fulin Plastic Industry (Cayman) Holding Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Fulin Plastic Industry (Cayman) Holding Co (TPE:1341) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Km9, Pham Van Dong Street, Hai Thanh Ward, Duong Kinh District, Hai Phong, VNM

Website

https://www.fulinvn.com

Fulin Plastic Industry (Cayman) Holding Co is engaged in the international trading business. It mainly focuses on the Fulin Plastic segment which includes the production and sales of latex leathers, tapes, and soft leathers. The company's products include PVC solid leather, PVC sponge leather, PVC casting leather, PVC sheet, tarpaulin, and embossing.

Fulin Plastic Industry (Cayman) Holding Co Headlines

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