Finemat Applied Materials Co (TPE:6698) Inventory Turnover : 0.75 (As of Dec. 2024)

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What is Finemat Applied Materials 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. Finemat Applied Materials Co's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$177.4 Mil. Finemat Applied Materials Co's Average Total Inventories for the quarter that ended in Dec. 2024 was NT$237.9 Mil. Finemat Applied Materials Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.75.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Finemat Applied Materials Co's Days Inventory for the three months ended in Dec. 2024 was 122.33.

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. Finemat Applied Materials Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.86.

Finemat Applied Materials Co Inventory Turnover Historical Data

The historical data trend for Finemat Applied Materials 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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Finemat Applied Materials Co Inventory Turnover Chart

Finemat Applied Materials Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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4.61

3.76

4.15

3.47

2.75

Finemat Applied Materials 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															0.98	0.71	0.60	0.62	0.75

Finemat Applied Materials Co Inventory Turnover Calculation

Finemat Applied Materials 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 )
=	648.055	/ (	(244.71	+	226.215)	/	2 )
=	648.055	/	235.4625
=	2.75

Finemat Applied Materials 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 )
=	177.447	/ (	(249.56	+	226.215)	/	2 )
=	177.447	/	237.8875
=	0.75

Finemat Applied Materials Co (TPE:6698) 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.

Finemat Applied Materials 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
	=	237.8875	/	177.447	*	365 / 4
	=	122.33

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.

Finemat Applied Materials 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 )
	=	237.8875	/	278.086
	=	0.86

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.

Finemat Applied Materials Co Inventory Turnover Related Terms

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Finemat Applied Materials Co Business Description

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Address

No. 36, Industrial 1 Road, Annan District, Tainan, Taiwan, TWN

Website

http://www.fine-mat.com

Finemat Applied Materials Co Ltd is engaged in research and development and production of capacitive touch panels. Products offered by the company include the display of special high-precision metal mask, the display of special high-precision metal mask network services, flexible OLED display metal mask production and web service, recycling and cleaning of OLED and semiconductor components, precision etching applications, and full-size precision frame.

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