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ABC Taiwan Electronics (ROCO:3236) Inventory-to-Revenue : 0.58 (As of Mar. 2024)


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What is ABC Taiwan Electronics 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. ABC Taiwan Electronics's Average Total Inventories for the quarter that ended in Mar. 2024 was NT$256 Mil. ABC Taiwan Electronics's Revenue for the three months ended in Mar. 2024 was NT$443 Mil. ABC Taiwan Electronics's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.58.

ABC Taiwan Electronics's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (0.67) to Dec. 2023 (0.58)

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. ABC Taiwan Electronics's Days Inventory for the three months ended in Mar. 2024 was 63.41.

Inventory Turnover measures how fast the company turns over its inventory within a year. ABC Taiwan Electronics's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.44.


ABC Taiwan Electronics Inventory-to-Revenue Historical Data

The historical data trend for ABC Taiwan Electronics'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.

ABC Taiwan Electronics Inventory-to-Revenue Chart

ABC Taiwan Electronics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.14 0.15 0.14 0.17

ABC Taiwan Electronics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.58 0.66 0.59 0.67 0.58

Competitive Comparison of ABC Taiwan Electronics's Inventory-to-Revenue

For the Electronic Components subindustry, ABC Taiwan Electronics'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.


ABC Taiwan Electronics's Inventory-to-Revenue Distribution in the Hardware Industry

For the Hardware industry and Technology sector, ABC Taiwan Electronics's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where ABC Taiwan Electronics's Inventory-to-Revenue falls into.



ABC Taiwan Electronics 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.

ABC Taiwan Electronics's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (391.104 + 272.721) / 2 ) / 1992.295
=331.9125 / 1992.295
=0.17

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

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (272.721 + 239.285) / 2 ) / 443.343
=256.003 / 443.343
=0.58

* 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.


ABC Taiwan Electronics  (ROCO:3236) 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.

ABC Taiwan Electronics'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
=256.003/368.414*365 / 4
=63.41

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

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

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=368.414 / 256.003
=1.44

* 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.


ABC Taiwan Electronics Inventory-to-Revenue Related Terms

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ABC Taiwan Electronics (ROCO:3236) Business Description

Traded in Other Exchanges
N/A
Address
No.422, Yangfu Road, Section 1, Yangmei District, Taoyuan, TWN, 32662
ABC Taiwan Electronics Corp develops, trades, and manufactures inductors. Its products include chip inductors, power inductors, filters, transformers, microporous structure heat sinks, stamping and plastic molding, and LED lighting used in consumer electronic products, communication electronic products, computer and computing peripheral equipment, industrial electronic equipment, and automotive electronic equipment. The Group's reportable segments are Inductors and Others out of which the Inductors segment derives the majority of revenue.

ABC Taiwan Electronics (ROCO:3236) Headlines

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