Primax Electronics (TPE:4915) Inventory Turnover : 1.23 (As of Dec. 2024)

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What is Primax Electronics 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. Primax Electronics's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$10,914 Mil. Primax Electronics's Average Total Inventories for the quarter that ended in Dec. 2024 was NT$8,901 Mil. Primax Electronics's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.23.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Primax Electronics's Days Inventory for the three months ended in Dec. 2024 was 74.42.

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. Primax Electronics's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.67.

Primax Electronics Inventory Turnover Historical Data

The historical data trend for Primax Electronics'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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Primax Electronics Inventory Turnover Chart

Primax Electronics Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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5.80

5.32

6.06

5.87

5.50

Primax Electronics 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															1.51	1.46	1.65	1.67	1.23

Primax Electronics Inventory Turnover Calculation

Primax Electronics'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 )
=	48362.968	/ (	(7996.397	+	9603.682)	/	2 )
=	48362.968	/	8800.0395
=	5.50

Primax Electronics'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 )
=	10913.847	/ (	(8197.991	+	9603.682)	/	2 )
=	10913.847	/	8900.8365
=	1.23

Primax Electronics (TPE:4915) 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.

Primax Electronics'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
	=	8900.8365	/	10913.847	*	365 / 4
	=	74.42

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.

Primax Electronics'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 )
	=	8900.8365	/	13218.34
	=	0.67

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.

Primax Electronics Inventory Turnover Related Terms

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Primax Electronics Business Description

Industry

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Address

No. 669, Ruey Kuang Road, Neihu District, Taipei, TWN, 11492

Website

https://www.primax.com.tw/en

Primax Electronics Ltd is a manufacturer of components for mobile devices, personal computer peripherals, business equipment, and the digital home, that operates in two business segments; The division for computer peripherals specializes in the manufacture and sale of computer mice, keyboards, trackpads, etc. The division for non-computer peripherals specializes in the manufacture and sale of digital camera modules, mobile phone accessories, multi-function printers, scanners, shredders, amplifiers, speakers and audio systems, etc. The company derives the majority of its revenue from the non-computer peripherals segment.

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