All Cosmos Bio-Tech Holding (TPE:4148) Inventory Turnover : 0.71 (As of Mar. 2024)

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What is All Cosmos Bio-Tech Holding 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. All Cosmos Bio-Tech Holding's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$385 Mil. All Cosmos Bio-Tech Holding's Average Total Inventories for the quarter that ended in Mar. 2024 was NT$543 Mil. All Cosmos Bio-Tech Holding's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.71.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. All Cosmos Bio-Tech Holding's Days Inventory for the three months ended in Mar. 2024 was 128.88.

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. All Cosmos Bio-Tech Holding's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.04.

All Cosmos Bio-Tech Holding Inventory Turnover Historical Data

The historical data trend for All Cosmos Bio-Tech Holding'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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All Cosmos Bio-Tech Holding Inventory Turnover Chart

All Cosmos Bio-Tech Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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3.03

4.45

2.87

2.63

2.64

All Cosmos Bio-Tech Holding Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.58	0.87	0.83	0.69	0.71

All Cosmos Bio-Tech Holding Inventory Turnover Calculation

All Cosmos Bio-Tech Holding'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 )
=	2238.608	/ (	(1104.223	+	591.062)	/	2 )
=	2238.608	/	847.6425
=	2.64

All Cosmos Bio-Tech Holding's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	384.785	/ (	(591.062	+	495.87)	/	2 )
=	384.785	/	543.466
=	0.71

All Cosmos Bio-Tech Holding (TPE:4148) 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.

All Cosmos Bio-Tech Holding's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	543.466	/	384.785	*	365 / 4
	=	128.88

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.

All Cosmos Bio-Tech Holding's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	543.466	/	523.545
	=	1.04

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.

All Cosmos Bio-Tech Holding Inventory Turnover Related Terms

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All Cosmos Bio-Tech Holding (TPE:4148) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » All Cosmos Bio-Tech Holding Corp (TPE:4148) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

PLO 650, Jalan Keluli 7, Pasir Gudang Industrial Estate, Johor Bahru, JHR, MYS, 81700

Website

https://www.allcosmos.com

All Cosmos Bio-Tech Holding Corp focuses on the production and marketing of biochemical and bio-organic fertilizers and agriculture-related activities. The company produces 30 different types of fertilizers for the vibrant Malaysian market as well as for the larger Asia Pacific Region. The products are also exported to Taiwan, Indonesia, Vietnam, China, Cambodia and Philippines. Its segments are All Cosmos Industries Sdn. Bhd. (ACI), Sabah Softwoods Hybrid Fertiliser Sdn. Bhd. (SSHF) and others. It generates revenue from Malaysia.

All Cosmos Bio-Tech Holding (TPE:4148) Headlines

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