Wiwynn (TPE:6669) Inventory Turnover : 1.57 (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Wiwynn 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. Wiwynn's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$61,923 Mil. Wiwynn's Average Total Inventories for the quarter that ended in Mar. 2024 was NT$39,414 Mil. Wiwynn's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.57.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wiwynn's Days Inventory for the three months ended in Mar. 2024 was 58.08.

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. Wiwynn's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.57.

Wiwynn Inventory Turnover Historical Data

The historical data trend for Wiwynn'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.

Wiwynn Inventory Turnover Chart

Wiwynn Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

9.73

9.21

5.43

6.61

6.62

Wiwynn 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															1.93	1.60	1.59	1.72	1.57

Wiwynn Inventory Turnover Calculation

Wiwynn'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 )
=	219243.712	/ (	(36011.736	+	30179.17)	/	2 )
=	219243.712	/	33095.453
=	6.62

Wiwynn'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 )
=	61923.174	/ (	(30179.17	+	48649.614)	/	2 )
=	61923.174	/	39414.392
=	1.57

Wiwynn (TPE:6669) 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.

Wiwynn'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
	=	39414.392	/	61923.174	*	365 / 4
	=	58.08

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.

Wiwynn'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 )
	=	39414.392	/	69628.237
	=	0.57

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.

Wiwynn Inventory Turnover Related Terms

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

Wiwynn (TPE:6669) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wiwynn Corp (TPE:6669) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xintai 5th Road, 8th Floor, 90, Section 1, Xizhi District, Taipei, TWN, 221-02

Website

https://www.wiwynn.com

Wiwynn Corp is a Taiwan based cloud infrastructure provider. The company is a cloud-enabling service company that is engaged in research, development, design, testing, and sales of products, semi-products, peripheral equipments and parts of computer and peripheral equipments, data storage media, electric appliances and media products, information software, export business relating to the business of the company, management consult services, information software services, and data processing services. The company derives revenue from manufacturing and sale of servers and storage in cloud infrastructure and hyperscale data center.

Wiwynn (TPE:6669) Headlines

No Headlines