GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Tatwah Smartech Co Ltd (SZSE:002512) » Definitions » Inventory-to-Revenue

Tatwah Smartech Co (SZSE:002512) Inventory-to-Revenue : 0.79 (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Tatwah Smartech 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. Tatwah Smartech Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥316 Mil. Tatwah Smartech Co's Revenue for the three months ended in Mar. 2024 was ¥401 Mil. Tatwah Smartech Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.79.

Tatwah Smartech Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.74) to Dec. 2023 (0.79)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tatwah Smartech Co's Days Inventory for the three months ended in Mar. 2024 was 83.65.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tatwah Smartech Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.09.


Tatwah Smartech Co Inventory-to-Revenue Historical Data

The historical data trend for Tatwah Smartech 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.

Tatwah Smartech Co Inventory-to-Revenue Chart

Tatwah Smartech Co 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 0.15 0.16 0.14 0.23 0.21

Tatwah Smartech Co 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 0.60 0.57 0.77 0.74 0.79

Competitive Comparison of Tatwah Smartech Co's Inventory-to-Revenue

For the Semiconductors subindustry, Tatwah Smartech 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.


Tatwah Smartech Co's Inventory-to-Revenue Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Tatwah Smartech Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Tatwah Smartech Co's Inventory-to-Revenue falls into.



Tatwah Smartech 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.

Tatwah Smartech 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 )
=( (530.793 + 296.596) / 2 ) / 1966.56
=413.6945 / 1966.56
=0.21

Tatwah Smartech Co'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 )
=( (296.596 + 334.735) / 2 ) / 401.296
=315.6655 / 401.296
=0.79

* 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.


Tatwah Smartech Co  (SZSE:002512) 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.

Tatwah Smartech Co'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
=315.6655/344.334*365 / 4
=83.65

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

Tatwah Smartech Co'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 )
=344.334 / 315.6655
=1.09

* 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.


Tatwah Smartech Co Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Tatwah Smartech Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Tatwah Smartech Co (SZSE:002512) Business Description

Traded in Other Exchanges
N/A
Address
No.9, Shuiyi South Road, Taifeng Industrial park, Xiaolan Town, Zhongshan City, Guangdong Province, CHN
Tatwah Smartech Co Ltd operates in the semiconductor industry. The company is mainly engaged in the design, development, production, distribution of radio-frequency identification (RFID) system. Its product portfolio comprises RFID cards, clamshell and combi cards, leather key fobs, phone attachments, RFID wristband, NFC and metal mount tags, public transport products, laundry and waste bin and other tags. Its products are primarily used in transportation, education, home, agricultural tracing, internet finance, manufacturing, asset management, warehouse, and logistics applications.
Executives
Han Yang Secretary, Director
Cai Xiao Ru Director
Chen Rong Sheng Directors, executives
Lou Ya Hua Executives
Wang Ying Zi Executives
He Cai Xia Supervisors
Wang Dan Zhou Independent director
Yuan Pei Chu Independent director
Huang Han Qiang Executives
Li Huan Fen Supervisors

Tatwah Smartech Co (SZSE:002512) Headlines

No Headlines