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Texture Maker Enterprise Co (ROCO:6963) Inventory-to-Revenue : 0.38 (As of Dec. 2023)


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What is Texture Maker Enterprise 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. Texture Maker Enterprise Co's Average Total Inventories for the quarter that ended in Dec. 2023 was NT$157.7 Mil. Texture Maker Enterprise Co's Revenue for the six months ended in Dec. 2023 was NT$417.9 Mil. Texture Maker Enterprise Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.38.

Texture Maker Enterprise Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (0.42) to Jun. 2023 (0.38)

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. Texture Maker Enterprise Co's Days Inventory for the six months ended in Dec. 2023 was 86.32.

Inventory Turnover measures how fast the company turns over its inventory within a year. Texture Maker Enterprise Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.11.


Texture Maker Enterprise Co Inventory-to-Revenue Historical Data

The historical data trend for Texture Maker Enterprise 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.

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Texture Maker Enterprise Co Inventory-to-Revenue Chart

Texture Maker Enterprise Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
- 0.14 0.17 0.19

Texture Maker Enterprise Co Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Inventory-to-Revenue - 0.31 0.36 0.42 0.38

Competitive Comparison of Texture Maker Enterprise Co's Inventory-to-Revenue

For the Packaged Foods subindustry, Texture Maker Enterprise 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.


Texture Maker Enterprise Co's Inventory-to-Revenue Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Texture Maker Enterprise Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Texture Maker Enterprise Co's Inventory-to-Revenue falls into.



Texture Maker Enterprise 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.

Texture Maker Enterprise Co'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 )
=( (163.988 + 142.277) / 2 ) / 816.555
=153.1325 / 816.555
=0.19

Texture Maker Enterprise Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (173.112 + 142.277) / 2 ) / 417.857
=157.6945 / 417.857
=0.38

* 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.


Texture Maker Enterprise Co  (ROCO:6963) 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.

Texture Maker Enterprise Co's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=157.6945/333.391*365 / 2
=86.32

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

Texture Maker Enterprise Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=333.391 / 157.6945
=2.11

* 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.


Texture Maker Enterprise Co Inventory-to-Revenue Related Terms

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Texture Maker Enterprise Co (ROCO:6963) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Zhongzheng E. Road, 28F., No.27-8, Sec. 2, Tamsui District, New Taipei City, TWN, 251
Texture Maker Enterprise Co Ltd is a is a food ingredient R&D center and also a premix manufacturer. It is engaged in developing innovative food textures and includes three categories Bakery, Beverage, and food texture. Its bakery products include Mochi bread mix, Mojo Mix, Purple yam bread mix, etc. Beverage products include vegan non-dairy creamer, Non-dairy creamer, Banana beverage powder, etc. Food texture products include Korean-style dipping sauce, Japanese-style fried chicken mix, Fried seafood coating mix etc.

Texture Maker Enterprise Co (ROCO:6963) Headlines

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