Jui Li Enterprise Co (TPE:1512) Inventory Turnover : 0.57 (As of Dec. 2023)

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What is Jui Li 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. Jui Li Enterprise Co's Cost of Goods Sold for the three months ended in Dec. 2023 was NT$212 Mil. Jui Li Enterprise Co's Average Total Inventories for the quarter that ended in Dec. 2023 was NT$369 Mil. Jui Li Enterprise Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.57.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jui Li Enterprise Co's Days Inventory for the three months ended in Dec. 2023 was 159.21.

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. Jui Li Enterprise Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.38.

Jui Li Enterprise Co Inventory Turnover Historical Data

The historical data trend for Jui Li 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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Jui Li Enterprise Co Inventory Turnover Chart

Jui Li Enterprise Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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4.44

3.00

3.27

2.39

2.56

Jui Li Enterprise Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.90	0.71	0.66	0.58	0.57

Jui Li Enterprise Co Inventory Turnover Calculation

Jui Li 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 )
=	906.586	/ (	(347.604	+	361.963)	/	2 )
=	906.586	/	354.7835
=	2.56

Jui Li Enterprise Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	211.657	/ (	(376.621	+	361.963)	/	2 )
=	211.657	/	369.292
=	0.57

Jui Li Enterprise Co (TPE:1512) 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.

Jui Li Enterprise Co's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	369.292	/	211.657	*	365 / 4
	=	159.21

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.

Jui Li Enterprise Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	369.292	/	267.939
	=	1.38

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.

Jui Li Enterprise Co Inventory Turnover Related Terms

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Jui Li Enterprise Co (TPE:1512) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Jui Li Enterprise Co Ltd (TPE:1512) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

No. 22, Gaonan Highway, Renwu District, Kaohsiung, TWN, 81453

Website

http://www.juili.com.tw

Jui Li Enterprise Co Ltd operates in the auto parts industry. The company produces exterior auto body parts like hood assembly, luggage assembly, rear door sash, right front door assembly, and roof cover, and AM parts like fender, bumper iron, and water tank bracket. The company is engaged in the production and sales of automobile and motorcycle stamping parts, stamping dies and jigs, and is a satellite plant of stamping parts for automobile and motorcycle manufacturers in Taiwan.

Jui Li Enterprise Co (TPE:1512) Headlines

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