Allied Supreme (TPE:4770) Inventory Turnover : 0.53 (As of Dec. 2024)

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What is Allied Supreme 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. Allied Supreme's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$994 Mil. Allied Supreme's Average Total Inventories for the quarter that ended in Dec. 2024 was NT$1,875 Mil. Allied Supreme's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.53.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Allied Supreme's Days Inventory for the three months ended in Dec. 2024 was 172.17.

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. Allied Supreme's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.16.

Allied Supreme Inventory Turnover Historical Data

The historical data trend for Allied Supreme'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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Allied Supreme Inventory Turnover Chart

Allied Supreme Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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1.94

1.97

1.37

1.85

Allied Supreme 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															0.27	0.34	0.39	0.50	0.53

Allied Supreme Inventory Turnover Calculation

Allied Supreme'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 )
=	3827.467	/ (	(2424.911	+	1711.94)	/	2 )
=	3827.467	/	2068.4255
=	1.85

Allied Supreme'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 )
=	993.814	/ (	(2038.319	+	1711.94)	/	2 )
=	993.814	/	1875.1295
=	0.53

Allied Supreme (TPE:4770) 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.

Allied Supreme'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
	=	1875.1295	/	993.814	*	365 / 4
	=	172.17

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.

Allied Supreme'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 )
	=	1875.1295	/	1617.122
	=	1.16

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.

Allied Supreme Inventory Turnover Related Terms

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Allied Supreme Business Description

Industry

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Traded in Other Exchanges

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Address

No. 20, Xiangong S. 2nd Road, Xianxi Township, Changhua, TWN, 50741

Website

https://www.alliedsupreme.com

Allied Supreme Corp is engaged in the business of manufacturing and selling surface coating treatment of various metals and non-metals, special surface treatment of various machinery and parts, and finished and semi-finished products such as fluorinated resin raw material round bars and flat plates.

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