Lealea Enterprise Co (TPE:1444) Inventory Turnover : 0.61 (As of Sep. 2024)

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What is Lealea Enterprise 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. Lealea Enterprise Co's Cost of Goods Sold for the three months ended in Sep. 2024 was NT$2,020 Mil. Lealea Enterprise Co's Average Total Inventories for the quarter that ended in Sep. 2024 was NT$3,329 Mil. Lealea Enterprise Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.61.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lealea Enterprise Co's Days Inventory for the three months ended in Sep. 2024 was 150.33.

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. Lealea Enterprise Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.63.

Lealea Enterprise Co Inventory Turnover Historical Data

The historical data trend for Lealea Enterprise 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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Lealea Enterprise Co Inventory Turnover Chart

Lealea Enterprise Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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4.22

3.53

3.17

2.83

2.27

Lealea Enterprise Co 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															0.64	0.50	0.61	0.60	0.61

Lealea Enterprise Co Inventory Turnover Calculation

Lealea Enterprise Co'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 )
=	8210.127	/ (	(3933.604	+	3312.557)	/	2 )
=	8210.127	/	3623.0805
=	2.27

Lealea Enterprise Co'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 )
=	2020.461	/ (	(3249.698	+	3407.707)	/	2 )
=	2020.461	/	3328.7025
=	0.61

Lealea Enterprise Co (TPE:1444) 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.

Lealea Enterprise Co'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
	=	3328.7025	/	2020.461	*	365 / 4
	=	150.33

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.

Lealea Enterprise Co'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 )
	=	3328.7025	/	2037.673
	=	1.63

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.

Lealea Enterprise Co Inventory Turnover Related Terms

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Lealea Enterprise Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Lealea Enterprise Co Ltd (TPE:1444) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

No.162, Songjiang Road, 11th Floor, Zhongshan District, Taipei, TWN, 104

Website

https://www.lealea.com.tw

Lealea Enterprise Co Ltd is a company that is principally engaged in the manufacture and sales of polyester materials. The company provides polyester chips, polyester filaments, polyester yarns, and nylon yarns, and these products are used to produce fabrics for garments, household decoration cloth, and industrial cloth. The company also offers polyester chips that are applied to produce packing bottles and PET.

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