Elite Semiconductor Microelectronics Tech (TPE:3006) Inventory Turnover : 0.31 (As of Mar. 2025)

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What is Elite Semiconductor Microelectronics Tech 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. Elite Semiconductor Microelectronics Tech's Cost of Goods Sold for the three months ended in Mar. 2025 was NT$2,560 Mil. Elite Semiconductor Microelectronics Tech's Average Total Inventories for the quarter that ended in Mar. 2025 was NT$8,138 Mil. Elite Semiconductor Microelectronics Tech's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.31.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Elite Semiconductor Microelectronics Tech's Days Inventory for the three months ended in Mar. 2025 was 290.11.

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. Elite Semiconductor Microelectronics Tech's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 2.80.

Elite Semiconductor Microelectronics Tech Inventory Turnover Historical Data

The historical data trend for Elite Semiconductor Microelectronics Tech'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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Elite Semiconductor Microelectronics Tech Inventory Turnover Chart

Elite Semiconductor Microelectronics Tech Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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2.31

2.67

1.92

1.52

1.60

Elite Semiconductor Microelectronics Tech Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Inventory Turnover	Get a 7-Day Free Trial															0.46	0.45	0.39	0.36	0.31

Elite Semiconductor Microelectronics Tech Inventory Turnover Calculation

Elite Semiconductor Microelectronics Tech'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 )
=	11852.549	/ (	(6885.637	+	7936.97)	/	2 )
=	11852.549	/	7411.3035
=	1.60

Elite Semiconductor Microelectronics Tech's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

	Inventory Turnover (Q: Mar. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2025 )	/ (	(Total Inventories (Q: Dec. 2024 )	+	Total Inventories (Q: Mar. 2025 ))	/	count )
=	2559.836	/ (	(7936.97	+	8339.932)	/	2 )
=	2559.836	/	8138.451
=	0.31

Elite Semiconductor Microelectronics Tech (TPE:3006) 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.

Elite Semiconductor Microelectronics Tech's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2025 )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
	=	8138.451	/	2559.836	*	365 / 4
	=	290.11

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.

Elite Semiconductor Microelectronics Tech's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2025 )	/	Revenue (Q: Mar. 2025 )
	=	8138.451	/	2902.935
	=	2.80

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.

Elite Semiconductor Microelectronics Tech Inventory Turnover Related Terms

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Elite Semiconductor Microelectronics Tech Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Elite Semiconductor Microelectronics Tech Inc (TPE:3006) » Definitions » Inventory Turnover

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Address

Number 23, Industry E. Road IV, Science-Base Park, Hsinchu, TWN, 30077

Website

https://www.esmt.com.tw

Elite Semiconductor Microelectronics Tech Inc is a Taiwan-based company engaged in the design of memory-integrated circuit boards. The company generates part of its revenue domestically, with the majority of revenue earned in the Asia region outside Taiwan. The company designs, manufactures, markets, and produces dynamic random-access memory, static random-access memory, and flash memory. Products are used in applications such as personal computer storage, portable electronic devices, communication devices, mobile phones, and servers.

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