GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Taiwan Cogeneration Corp (TPE:8926) » Definitions » Inventory Turnover

Taiwan Cogeneration (TPE:8926) Inventory Turnover : 207.14 (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Taiwan Cogeneration 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. Taiwan Cogeneration's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$1,854 Mil. Taiwan Cogeneration's Average Total Inventories for the quarter that ended in Mar. 2024 was NT$9 Mil. Taiwan Cogeneration's Inventory Turnover for the quarter that ended in Mar. 2024 was 207.14.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Taiwan Cogeneration's Days Inventory for the three months ended in Mar. 2024 was 0.44.

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. Taiwan Cogeneration's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.


Taiwan Cogeneration Inventory Turnover Historical Data

The historical data trend for Taiwan Cogeneration'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.

* Premium members only.

Taiwan Cogeneration Inventory Turnover Chart

Taiwan Cogeneration Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 906.50 1,258.09 544.75 258.26 368.85

Taiwan Cogeneration Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 48.26 82.75 99.60 140.49 207.14

Taiwan Cogeneration Inventory Turnover Calculation

Taiwan Cogeneration'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 )
=4805.144 / ((18.104 + 7.951) / 2 )
=4805.144 / 13.0275
=368.85

Taiwan Cogeneration's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover (Q: Mar. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2024 ) / ((Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count )
=1854.28 / ((7.951 + 9.953) / 2 )
=1854.28 / 8.952
=207.14

* 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.


Taiwan Cogeneration  (TPE:8926) 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.

Taiwan Cogeneration's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=8.952/1854.28*365 / 4
=0.44

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.

Taiwan Cogeneration's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=8.952 / 2026.521
=0.00

* 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.


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.


Taiwan Cogeneration Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Taiwan Cogeneration's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Taiwan Cogeneration (TPE:8926) Business Description

Traded in Other Exchanges
N/A
Address
No. 392, Rui Guang Road, 6th Floor, Neihu District, Taipei, TWN, 11492
Taiwan Cogeneration Corp is a Taiwanese company involved in the planning, construction, operation, management, and repair of cogeneration power-producing plants and equipment. All its revenue is generated from Taiwan.

Taiwan Cogeneration (TPE:8926) Headlines

No Headlines