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StrongLED Lighting System (Cayman) Co (ROCO:5281) Inventory-to-Revenue : 0.46 (As of Jun. 2023)


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What is StrongLED Lighting System (Cayman) Co Inventory-to-Revenue?

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. StrongLED Lighting System (Cayman) Co's Average Total Inventories for the quarter that ended in Jun. 2023 was NT$69.3 Mil. StrongLED Lighting System (Cayman) Co's Revenue for the three months ended in Jun. 2023 was NT$149.4 Mil. StrongLED Lighting System (Cayman) Co's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.46.

StrongLED Lighting System (Cayman) Co's Inventory-to-Revenue for the quarter that ended in Jun. 2023 declined from Mar. 2023 (0.72) to Mar. 2023 (0.46)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. StrongLED Lighting System (Cayman) Co's Days Inventory for the three months ended in Jun. 2023 was 53.59.

Inventory Turnover measures how fast the company turns over its inventory within a year. StrongLED Lighting System (Cayman) Co's Inventory Turnover for the quarter that ended in Jun. 2023 was 1.70.


StrongLED Lighting System (Cayman) Co Inventory-to-Revenue Historical Data

The historical data trend for StrongLED Lighting System (Cayman) Co's Inventory-to-Revenue 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.

StrongLED Lighting System (Cayman) Co Inventory-to-Revenue Chart

StrongLED Lighting System (Cayman) Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only 0.10 0.12 0.12 0.14 0.20

StrongLED Lighting System (Cayman) Co Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Inventory-to-Revenue 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 0.98 0.77 0.52 0.72 0.46

Competitive Comparison of StrongLED Lighting System (Cayman) Co's Inventory-to-Revenue

For the Electrical Equipment & Parts subindustry, StrongLED Lighting System (Cayman) Co's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


StrongLED Lighting System (Cayman) Co's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, StrongLED Lighting System (Cayman) Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where StrongLED Lighting System (Cayman) Co's Inventory-to-Revenue falls into.



StrongLED Lighting System (Cayman) Co Inventory-to-Revenue Calculation

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.

StrongLED Lighting System (Cayman) Co's Inventory-to-Revenue for the fiscal year that ended in Dec. 2022 is calculated as

Inventory-to-Revenue (A: Dec. 2022 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )
=( (176.984 + 88.591) / 2 ) / 666.041
=132.7875 / 666.041
=0.20

StrongLED Lighting System (Cayman) Co's Inventory-to-Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue (Q: Jun. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Revenue (Q: Jun. 2023 )
=( (78.414 + 60.106) / 2 ) / 149.432
=69.26 / 149.432
=0.46

* 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.


StrongLED Lighting System (Cayman) Co  (ROCO:5281) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

StrongLED Lighting System (Cayman) Co's Days Inventory for the three months ended in Jun. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=69.26/117.928*365 / 4
=53.59

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

StrongLED Lighting System (Cayman) Co's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2023 ) / Average Total Inventories (Q: Jun. 2023 )
=117.928 / 69.26
=1.70

* 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.


StrongLED Lighting System (Cayman) Co Inventory-to-Revenue Related Terms

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StrongLED Lighting System (Cayman) Co (ROCO:5281) Business Description

Traded in Other Exchanges
N/A
Address
Shizheng N. 7th Road, 24-5, No. 186, Xitun District, Taichung, TWN, 407
StrongLED Lighting System (Cayman) Co Ltd operates in the LED lighting systems industry. The company is engaged in manufacturing of LED lighting equipment, integrated control systems and related software. Its product offering includes outdoor LED lighting, lighting control system and software, indoor LED lighting, and LED power supply, LED intelligent control system.

StrongLED Lighting System (Cayman) Co (ROCO:5281) Headlines

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