Ventec International Group Co (TPE:6672) Inventory Turnover : 0.94 (As of Dec. 2024)

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What is Ventec International Group 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. Ventec International Group Co's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$696 Mil. Ventec International Group Co's Average Total Inventories for the quarter that ended in Dec. 2024 was NT$744 Mil. Ventec International Group Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.94.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ventec International Group Co's Days Inventory for the three months ended in Dec. 2024 was 97.57.

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. Ventec International Group Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.72.

Ventec International Group Co Inventory Turnover Historical Data

The historical data trend for Ventec International Group 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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Ventec International Group Co Inventory Turnover Chart

Ventec International Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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4.43

4.76

3.42

3.80

3.78

Ventec International Group Co 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															0.89	0.91	0.93	0.84	0.94

Ventec International Group Co Inventory Turnover Calculation

Ventec International Group Co'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 )
=	2809.311	/ (	(758.429	+	726.99)	/	2 )
=	2809.311	/	742.7095
=	3.78

Ventec International Group Co'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 )
=	696.226	/ (	(761.887	+	726.99)	/	2 )
=	696.226	/	744.4385
=	0.94

Ventec International Group Co (TPE:6672) 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.

Ventec International Group Co'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
	=	744.4385	/	696.226	*	365 / 4
	=	97.57

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.

Ventec International Group Co'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 )
	=	744.4385	/	1028.56
	=	0.72

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.

Ventec International Group Co Inventory Turnover Related Terms

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Ventec International Group Co Business Description

Industry

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Address

308 TaiShan Road, New District, Jiangsu, Suzhou, CHN, 215129

Website

https://www.ventec-group.com

Ventec International Group Co is engaged in research and development, production and sale of copper clad laminate (CCL), aluminum-backed laminate (IMS) and prepreg used in a wide range of printed circuit boards. Geographically presence of the company is in Asia, Europe and America and it generates majority of its revenue from Asia.

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