ShunSin Technology Holdings (TPE:6451) Inventory Turnover : 2.42 (As of Dec. 2024)

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What is ShunSin Technology Holdings 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. ShunSin Technology Holdings's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$1,507 Mil. ShunSin Technology Holdings's Average Total Inventories for the quarter that ended in Dec. 2024 was NT$623 Mil. ShunSin Technology Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 was 2.42.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ShunSin Technology Holdings's Days Inventory for the three months ended in Dec. 2024 was 37.71.

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. ShunSin Technology Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.37.

ShunSin Technology Holdings Inventory Turnover Historical Data

The historical data trend for ShunSin Technology Holdings'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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ShunSin Technology Holdings Inventory Turnover Chart

ShunSin Technology Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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9.92

4.57

4.80

6.80

9.37

ShunSin Technology Holdings 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															2.05	2.11	1.99	2.00	2.42

ShunSin Technology Holdings Inventory Turnover Calculation

ShunSin Technology Holdings'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 )
=	4504.402	/ (	(371.596	+	589.817)	/	2 )
=	4504.402	/	480.7065
=	9.37

ShunSin Technology Holdings'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 )
=	1507.415	/ (	(656.103	+	589.817)	/	2 )
=	1507.415	/	622.96
=	2.42

ShunSin Technology Holdings (TPE:6451) 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.

ShunSin Technology Holdings'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
	=	622.96	/	1507.415	*	365 / 4
	=	37.71

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.

ShunSin Technology Holdings'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 )
	=	622.96	/	1694.18
	=	0.37

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.

ShunSin Technology Holdings Inventory Turnover Related Terms

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ShunSin Technology Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » ShunSin Technology Holdings Ltd (TPE:6451) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

No. 495, Guangfu South Road, 11th Floor-5, Xinyi District, Taipei, TWN, 110

Website

https://www.shunsintech.com

ShunSin Technology Holdings Ltd is a technology company engaged in the assembly, testing, and sales of various integrated circuits related to semiconductors. It assembles, tests, and sells various integrated circuits related to semiconductors. Its product portfolio consists of power amplifiers, wifi modules, thick-film hybrid integrated circuits, solar photovoltaic concentrator modules, optical transceiver modules, automotive products, and fingerprint modules. Geographically, it derives a majority of its revenue from the United States and also has a presence in Singapore; Taiwan; Mainland China; Malaysia, and other countries.

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