GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Tah hsin Industrial Corp (TPE:1315) » Definitions » Inventory-to-Revenue

Tah hsin Industrial (TPE:1315) Inventory-to-Revenue : 1.40 (As of Mar. 2024)


View and export this data going back to 1992. Start your Free Trial

What is Tah hsin Industrial 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. Tah hsin Industrial's Average Total Inventories for the quarter that ended in Mar. 2024 was NT$638 Mil. Tah hsin Industrial's Revenue for the three months ended in Mar. 2024 was NT$456 Mil. Tah hsin Industrial's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.40.

Tah hsin Industrial's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (1.39) to Dec. 2023 (1.40)

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. Tah hsin Industrial's Days Inventory for the three months ended in Mar. 2024 was 142.99.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tah hsin Industrial's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.64.


Tah hsin Industrial Inventory-to-Revenue Historical Data

The historical data trend for Tah hsin Industrial'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.

Tah hsin Industrial Inventory-to-Revenue Chart

Tah hsin Industrial 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 0.26 0.28 0.29 0.28 0.32

Tah hsin Industrial 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 1.42 1.15 1.25 1.39 1.40

Competitive Comparison of Tah hsin Industrial's Inventory-to-Revenue

For the Apparel Manufacturing subindustry, Tah hsin Industrial'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.


Tah hsin Industrial's Inventory-to-Revenue Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Tah hsin Industrial's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Tah hsin Industrial's Inventory-to-Revenue falls into.



Tah hsin Industrial 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.

Tah hsin Industrial'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 )
=( (749.392 + 631.501) / 2 ) / 2157.193
=690.4465 / 2157.193
=0.32

Tah hsin Industrial'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 )
=( (631.501 + 645.447) / 2 ) / 455.502
=638.474 / 455.502
=1.40

* 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.


Tah hsin Industrial  (TPE:1315) 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.

Tah hsin Industrial'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
=638.474/407.436*365 / 4
=142.99

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

Tah hsin Industrial'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 )
=407.436 / 638.474
=0.64

* 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.


Tah hsin Industrial Inventory-to-Revenue Related Terms

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


Tah hsin Industrial (TPE:1315) Business Description

Traded in Other Exchanges
N/A
Address
No. 51, 35th Road, Taichung Industrial Park, Xitun District, Taichung, TWN
Tah hsin Industrial Corp is engaged in the manufacturing and trading of a variety of plastic raincoats, nylon raincoats, overalls, wardrobes, nylon jackets, PP corrugated boards, TC ready-to-wear garments, leather goods, handbags, file folders, plastic film, carrier bags, laminating machines, and others. Its operating segment includes Tahsin in Taiwan, Tahsin Shoji Co., Ltd, United States T.H. USA; Fujian Putian DAFU Plastic Industry Co., Ltd; Tah Viet Co., Ltd; Myanmar Tahsin; Tah Fa Investment Co., Ltd, and others. The company generates maximum revenue from the Tahsin Taiwan segment.

Tah hsin Industrial (TPE:1315) Headlines

No Headlines