Chih Lien Industrial Co (TPE:2024) Inventory Turnover : 0.58 (As of Dec. 2024)

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What is Chih Lien Industrial 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. Chih Lien Industrial Co's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$268 Mil. Chih Lien Industrial Co's Average Total Inventories for the quarter that ended in Dec. 2024 was NT$465 Mil. Chih Lien Industrial Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.58.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Chih Lien Industrial Co's Days Inventory for the three months ended in Dec. 2024 was 158.49.

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. Chih Lien Industrial Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.59.

Chih Lien Industrial Co Inventory Turnover Historical Data

The historical data trend for Chih Lien Industrial 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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Chih Lien Industrial Co Inventory Turnover Chart

Chih Lien Industrial Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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2.74

3.17

1.63

1.44

2.22

Chih Lien Industrial 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															0.49	0.53	0.66	0.54	0.58

Chih Lien Industrial Co Inventory Turnover Calculation

Chih Lien Industrial 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 )
=	1011.914	/ (	(458.052	+	454.738)	/	2 )
=	1011.914	/	456.395
=	2.22

Chih Lien Industrial 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 )
=	267.978	/ (	(476.155	+	454.738)	/	2 )
=	267.978	/	465.4465
=	0.58

Chih Lien Industrial Co (TPE:2024) 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.

Chih Lien Industrial 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
	=	465.4465	/	267.978	*	365 / 4
	=	158.49

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.

Chih Lien Industrial 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 )
	=	465.4465	/	293.606
	=	1.59

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.

Chih Lien Industrial Co Inventory Turnover Related Terms

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Chih Lien Industrial Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Chih Lien Industrial Co Ltd (TPE:2024) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.480,Chung Shing Road.Shin Wu Hsiang, Tao-Yuan Hsien Taiwan,R.O.C., Tao-Yuan, TWN

Website

https://www.chihlien.com.tw

Chih Lien Industrial Co Ltd operates in the steel industry. The products offered by the company include steel wire and steel rod. The Company operates in a single industry and is mainly engaged in the manufacturing and processing of steel wire and steel bars with similar end-use products.

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