GSD Technologies Co (TPE:6641) Inventory Turnover : 2.50 (As of Sep. 2024)

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What is GSD Technologies Co 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. GSD Technologies Co's Cost of Goods Sold for the three months ended in Sep. 2024 was NT$352 Mil. GSD Technologies Co's Average Total Inventories for the quarter that ended in Sep. 2024 was NT$141 Mil. GSD Technologies Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 2.50.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. GSD Technologies Co's Days Inventory for the three months ended in Sep. 2024 was 36.49.

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. GSD Technologies Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.29.

GSD Technologies Co Inventory Turnover Historical Data

The historical data trend for GSD Technologies Co'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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GSD Technologies Co Inventory Turnover Chart

GSD Technologies Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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7.30

8.20

9.41

8.19

8.08

GSD Technologies Co 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															2.01	2.76	1.80	2.11	2.50

GSD Technologies Co Inventory Turnover Calculation

GSD Technologies Co'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 )
=	1204.643	/ (	(153.083	+	144.942)	/	2 )
=	1204.643	/	149.0125
=	8.08

GSD Technologies Co'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 )
=	351.77	/ (	(151.87	+	129.469)	/	2 )
=	351.77	/	140.6695
=	2.50

GSD Technologies Co (TPE:6641) 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.

GSD Technologies Co'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
	=	140.6695	/	351.77	*	365 / 4
	=	36.49

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.

GSD Technologies Co'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 )
	=	140.6695	/	489.959
	=	0.29

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.

GSD Technologies Co Inventory Turnover Related Terms

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GSD Technologies Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » GSD Technologies Co Ltd (TPE:6641) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

The Grand Pavilion Commercial Centre, Oleander Way, 802 West Bay Road, P.O. Box-32052, Grand Cayman, CYM, KY1-1208

Website

https://www.gsd.net.tw

GSD Technologies Co Ltd is engaged in the manufacturing, and selling of environmental protection equipment and its consumables, and provides installation, repair, and technical support services. The company provides comprehensive solutions and technical services for wastewater treatment. Its products portfolio includes Submersible pump series; Onshore pump series; Special pump series; Unit series; Fan series; Oxygen supply and aeration series, and others. It generates a vast majority of its revenues from Asia.

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