Sinher Technology (TPE:4999) Inventory Turnover : 1.25 (As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Sinher Technology 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. Sinher Technology's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$354 Mil. Sinher Technology's Average Total Inventories for the quarter that ended in Mar. 2024 was NT$284 Mil. Sinher Technology's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.25.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sinher Technology's Days Inventory for the three months ended in Mar. 2024 was 73.28.

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. Sinher Technology's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.68.

Sinher Technology Inventory Turnover Historical Data

The historical data trend for Sinher Technology'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.

Sinher Technology Inventory Turnover Chart

Sinher Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

5.22

4.84

4.98

4.95

5.60

Sinher Technology 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															1.09	1.42	1.33	1.35	1.25

Sinher Technology Inventory Turnover Calculation

Sinher Technology'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 )
=	1595.435	/ (	(309.756	+	260.462)	/	2 )
=	1595.435	/	285.109
=	5.60

Sinher Technology'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 )
=	354	/ (	(260.462	+	308.111)	/	2 )
=	354	/	284.2865
=	1.25

Sinher Technology (TPE:4999) 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.

Sinher Technology'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
	=	284.2865	/	354	*	365 / 4
	=	73.28

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.

Sinher Technology'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 )
	=	284.2865	/	415.863
	=	0.68

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.

Sinher Technology Inventory Turnover Related Terms

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

Sinher Technology (TPE:4999) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sinher Technology Inc Ltd (TPE:4999) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.27-1, Lane 169, Kangning Street, Xizhi District, New Taipei City, TWN, 22180

Website

http://www.sinher.com.tw

Sinher Technology Inc Ltd is engaged in researching, developing, manufacturing, and selling the parts of the hinge. The company offers an NB hinge, Detachable hinge, NB module hinge, Tablet module hinge, 3C hinge, AIO & LCD hinge, and Others. The company's majority of the revenue is generated from China followed by Japan and Taiwan.

Sinher Technology (TPE:4999) Headlines

No Headlines