Chang Wah Electronmaterials (TPE:8070) Inventory Turnover : 1.38 (As of Dec. 2024)

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What is Chang Wah Electronmaterials 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. Chang Wah Electronmaterials's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$3,602 Mil. Chang Wah Electronmaterials's Average Total Inventories for the quarter that ended in Dec. 2024 was NT$2,616 Mil. Chang Wah Electronmaterials's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.38.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Chang Wah Electronmaterials's Days Inventory for the three months ended in Dec. 2024 was 66.26.

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. Chang Wah Electronmaterials's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.58.

Chang Wah Electronmaterials Inventory Turnover Historical Data

The historical data trend for Chang Wah Electronmaterials'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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Chang Wah Electronmaterials Inventory Turnover Chart

Chang Wah Electronmaterials Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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7.93

7.55

6.38

5.49

5.66

Chang Wah Electronmaterials 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															1.50	1.58	1.58	1.45	1.38

Chang Wah Electronmaterials Inventory Turnover Calculation

Chang Wah Electronmaterials'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 )
=	13726.478	/ (	(2134.754	+	2711.824)	/	2 )
=	13726.478	/	2423.289
=	5.66

Chang Wah Electronmaterials'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 )
=	3602.39	/ (	(2520.228	+	2711.824)	/	2 )
=	3602.39	/	2616.026
=	1.38

Chang Wah Electronmaterials (TPE:8070) 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.

Chang Wah Electronmaterials'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
	=	2616.026	/	3602.39	*	365 / 4
	=	66.26

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.

Chang Wah Electronmaterials'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 )
	=	2616.026	/	4491.95
	=	0.58

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.

Chang Wah Electronmaterials Inventory Turnover Related Terms

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Chang Wah Electronmaterials Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Chang Wah Electronmaterials Inc (TPE:8070) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

No. 16, East 7th Street, 6th Floor, Nanzi District, Kaohsiung, TWN, 811

Website

https://www.cwei.com.tw

Chang Wah Electronmaterials Inc trades electrical, telecommunication, and semiconductor materials and parts, and engages in import and export trading, leasing, manufacturing and selling of electrical appliances, telecommunication equipment, and mechanical parts, retailing of synthetic resin, electronic materials and components. The company operates in two geographical areas - Taiwan and Asia.

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