Golden Bridge Electech (TPE:6133) Inventory Turnover : 0.94 (As of Sep. 2024)

View and export this data going back to 2003. Start your Free Trial

What is Golden Bridge Electech 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. Golden Bridge Electech's Cost of Goods Sold for the three months ended in Sep. 2024 was NT$255 Mil. Golden Bridge Electech's Average Total Inventories for the quarter that ended in Sep. 2024 was NT$272 Mil. Golden Bridge Electech's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.94.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Golden Bridge Electech's Days Inventory for the three months ended in Sep. 2024 was 97.23.

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. Golden Bridge Electech's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.84.

Golden Bridge Electech Inventory Turnover Historical Data

The historical data trend for Golden Bridge Electech'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.

Golden Bridge Electech Inventory Turnover Chart

Golden Bridge Electech Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

4.29

4.37

3.58

3.19

2.84

Golden Bridge Electech 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															0.81	0.89	0.81	1.05	0.94

Golden Bridge Electech Inventory Turnover Calculation

Golden Bridge Electech'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 )
=	812.306	/ (	(350.007	+	222.201)	/	2 )
=	812.306	/	286.104
=	2.84

Golden Bridge Electech'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 )
=	255.109	/ (	(258.197	+	285.462)	/	2 )
=	255.109	/	271.8295
=	0.94

Golden Bridge Electech (TPE:6133) 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.

Golden Bridge Electech'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
	=	271.8295	/	255.109	*	365 / 4
	=	97.23

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.

Golden Bridge Electech'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 )
	=	271.8295	/	322.88
	=	0.84

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.

Golden Bridge Electech Inventory Turnover Related Terms

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

Golden Bridge Electech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Golden Bridge Electech Inc (TPE:6133) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6, Beishen Road, 3rd Floor, Lane 270, Section 3, Shenkeng District, New Taipei, TWN

Website

http://www.gbe.com.tw

Golden Bridge Electech Inc is a provider of cable design. The company's main business is the manufacturing and sales of wires and wireless products for computer peripherals, ultra-high frequency communications, consumer electronics, as well as various types of power supply cables, and is developing into a technology solution provider. It offers interconnect solutions for automotive electronics; communications; and Industrial use.

Golden Bridge Electech Headlines

No Headlines