International CSRC Investment Holdings Co (TPE:2104) Inventory Turnover : 1.19 (As of Dec. 2024)

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What is International CSRC Investment Holdings 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. International CSRC Investment Holdings Co's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$4,018 Mil. International CSRC Investment Holdings Co's Average Total Inventories for the quarter that ended in Dec. 2024 was NT$3,372 Mil. International CSRC Investment Holdings Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.19.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. International CSRC Investment Holdings Co's Days Inventory for the three months ended in Dec. 2024 was 76.58.

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. International CSRC Investment Holdings Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.85.

International CSRC Investment Holdings Co Inventory Turnover Historical Data

The historical data trend for International CSRC Investment Holdings 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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International CSRC Investment Holdings Co Inventory Turnover Chart

International CSRC Investment Holdings Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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5.22

7.07

6.72

5.49

5.70

International CSRC Investment Holdings 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															1.49	1.31	1.35	1.37	1.19

International CSRC Investment Holdings Co Inventory Turnover Calculation

International CSRC Investment Holdings 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 )
=	17159.258	/ (	(2775.199	+	3242.602)	/	2 )
=	17159.258	/	3008.9005
=	5.70

International CSRC Investment Holdings 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 )
=	4018.279	/ (	(3502.108	+	3242.602)	/	2 )
=	4018.279	/	3372.355
=	1.19

International CSRC Investment Holdings Co (TPE:2104) 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.

International CSRC Investment Holdings 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
	=	3372.355	/	4018.279	*	365 / 4
	=	76.58

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.

International CSRC Investment Holdings 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 )
	=	3372.355	/	3956.744
	=	0.85

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.

International CSRC Investment Holdings Co Inventory Turnover Related Terms

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International CSRC Investment Holdings Co Business Description

Industry

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Traded in Other Exchanges

N/A

Address

No. 113, Zhongshan North Road, 8th Floor, Section 2, Taipei, TWN, 104

Website

https://www.csrcgroup.com

International CSRC Investment Holdings Co Ltd is an investment holding company. The group operates through three business units: The Carbon Black business, the Battery business, and the Biotech business. The carbon black business focuses on converting industrial waste into carbon black, which is used in producing rubber and plastic products. The battery business engages in research, development, and manufacturing of batteries and related products. The biotech segment invests in pharmaceutical research to develop new drugs. The carbon black business is the revenue generator for the holding company. CRSC Group has operations in the U.S. and Asia, with the majority of the company's revenue generated in Asia.

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