Shihlin Paper (TPE:1903) Inventory Turnover : 1.33 (As of Dec. 2024)

View and export this data going back to 1963. Start your Free Trial

What is Shihlin Paper 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. Shihlin Paper's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$16.4 Mil. Shihlin Paper's Average Total Inventories for the quarter that ended in Dec. 2024 was NT$12.3 Mil. Shihlin Paper's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.33.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shihlin Paper's Days Inventory for the three months ended in Dec. 2024 was 68.78.

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. Shihlin Paper's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.31.

Shihlin Paper Inventory Turnover Historical Data

The historical data trend for Shihlin Paper'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.

Shihlin Paper Inventory Turnover Chart

Shihlin Paper Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

Get a 7-Day Free Trial

1.44

3.21

5.49

5.83

4.65

Shihlin Paper 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															1.25	1.14	1.14	1.18	1.33

Shihlin Paper Inventory Turnover Calculation

Shihlin Paper'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 )
=	62.275	/ (	(15.858	+	10.954)	/	2 )
=	62.275	/	13.406
=	4.65

Shihlin Paper'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 )
=	16.351	/ (	(13.696	+	10.954)	/	2 )
=	16.351	/	12.325
=	1.33

Shihlin Paper (TPE:1903) 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.

Shihlin Paper'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
	=	12.325	/	16.351	*	365 / 4
	=	68.78

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.

Shihlin Paper'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 )
	=	12.325	/	39.685
	=	0.31

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.

Shihlin Paper Inventory Turnover Related Terms

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

Shihlin Paper Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shihlin Paper Corp (TPE:1903) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.31, Fude Road, Shihlin District, Taipei, TWN

Website

https://www.shihlin.com.tw

Shihlin Paper Corp manufactures and sells a variety of paper products. The company purchases pulp and produces paper in its mills. The group's product portfolio includes the sales of paper-processed products, wet wipes, facial masks, skincare products, and toiletries, In addition to its paper business, Shihlin Paper also does leasing of assets.

Shihlin Paper Headlines

No Headlines