WT Microelectronics Co (TPE:3036A.PFD) Inventory Turnover : 1.80 (As of Sep. 2024)

View and export this data going back to 2020. Start your Free Trial

What is WT Microelectronics 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. WT Microelectronics Co's Cost of Goods Sold for the three months ended in Sep. 2024 was NT$250,300.46 Mil. WT Microelectronics Co's Average Total Inventories for the quarter that ended in Sep. 2024 was NT$139,225.79 Mil. WT Microelectronics Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.80.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. WT Microelectronics Co's Days Inventory for the three months ended in Sep. 2024 was 50.76.

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. WT Microelectronics Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.53.

WT Microelectronics Co Inventory Turnover Historical Data

The historical data trend for WT Microelectronics 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.

* Premium members only.

WT Microelectronics Co Inventory Turnover Chart

WT Microelectronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

7.00

7.60

7.78

7.02

6.19

WT Microelectronics Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															1.73	1.95	1.92	1.97	1.80

WT Microelectronics Co Inventory Turnover Calculation

WT Microelectronics Co's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	576112.549	/ (	(90547.237	+	95715.497)	/	2 )
=	576112.549	/	93131.367
=	6.19

WT Microelectronics Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	250300.456	/ (	(135674.988	+	142776.587)	/	2 )
=	250300.456	/	139225.7875
=	1.80

WT Microelectronics Co (TPE:3036A.PFD) 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.

WT Microelectronics Co's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	139225.7875	/	250300.456	*	365 / 4
	=	50.76

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.

WT Microelectronics Co's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	139225.7875	/	261255.812
	=	0.53

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.

WT Microelectronics Co Inventory Turnover Related Terms

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

WT Microelectronics Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » WT Microelectronics Co Ltd (TPE:3036A.PFD) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

3036:Taiwan

Address

No. 738, Zhongzheng Road, 235th Floor, Zhonghe District, New Taipei, TWN, 235

Website

https://www.wtmec.com

WT Microelectronics Co Ltd develops and sells electronic and communication components. Supply chain management services are offered to vendors and customers in China, but the company does contract business from other Asia Pacific countries. The majority of revenue is derived from clients in the communication, computing, and consumer markets. The company depends on a host of marketing and sales channels to help deliver value-add technical support, explore component application opportunities, and facilitate product development timelines. WT Microelectronics aims to co-define product marketing planning with upstream vendors and reduce the research and development pipeline for downstream clients.

WT Microelectronics Co Headlines

No Headlines