Taiwan Tea (TPE:2913) Inventory Turnover : 0.07 (As of Dec. 2024)

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What is Taiwan Tea 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. Taiwan Tea's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$73.3 Mil. Taiwan Tea's Average Total Inventories for the quarter that ended in Dec. 2024 was NT$1,025.6 Mil. Taiwan Tea's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.07.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Taiwan Tea's Days Inventory for the three months ended in Dec. 2024 was 1,277.26.

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. Taiwan Tea's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 8.26.

Taiwan Tea Inventory Turnover Historical Data

The historical data trend for Taiwan Tea'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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Taiwan Tea Inventory Turnover Chart

Taiwan Tea Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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0.21

0.28

0.23

0.25

0.27

Taiwan Tea 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															0.06	0.06	0.06	0.07	0.07

Taiwan Tea Inventory Turnover Calculation

Taiwan Tea'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 )
=	271.116	/ (	(964.38	+	1024.421)	/	2 )
=	271.116	/	994.4005
=	0.27

Taiwan Tea'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 )
=	73.274	/ (	(1026.865	+	1024.421)	/	2 )
=	73.274	/	1025.643
=	0.07

Taiwan Tea (TPE:2913) 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.

Taiwan Tea'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
	=	1025.643	/	73.274	*	365 / 4
	=	1,277.26

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.

Taiwan Tea'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 )
	=	1025.643	/	124.133
	=	8.26

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.

Taiwan Tea Inventory Turnover Related Terms

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Taiwan Tea Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Taiwan Tea Corp (TPE:2913) » Definitions » Inventory Turnover

Comparable Companies

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N/A

Address

No. 3, Zhonghua Road, Hukou Township, Hsinchu, TWN

Website

https://www.ttch.com.tw

Taiwan Tea Corp plants, cultivates and distributes tea and other tea ingredients. It plants tea trees and cultivates tea plantations. The tea leaves are roasted and processed into tea ingredients, packaged, and distributed to Asia and Australia. The company has a diverse range of customers, including large tea factories and channels such as bubble teashops, breakfast shops, and chain restaurants. Additionally, Taiwan Tea has an engineering division to sell building materials and take on interior fitting projects. It utilizes contracts to help provide stock and customized solutions to customers. The company's operating segments are Trade and department stores; and Assets.

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