Ableprint Technology Co (ROCO:7734) Inventory Turnover : 0.00 (As of Dec. 2023)

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What is Ableprint Technology Co 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. Ableprint Technology Co's Cost of Goods Sold for the three months ended in Dec. 2023 was NT$0 Mil. Ableprint Technology Co's Average Total Inventories for the quarter that ended in Dec. 2023 was NT$181 Mil. Ableprint Technology Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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.

Ableprint Technology Co Inventory Turnover Historical Data

The historical data trend for Ableprint Technology Co'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.

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Ableprint Technology Co Inventory Turnover Chart

Ableprint Technology Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

3.56

4.38

5.37

2.56

Ableprint Technology Co Quarterly Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial			-	-	-	-	-

Ableprint Technology Co Inventory Turnover Calculation

Ableprint Technology Co'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 )
=	397.13	/ (	(125.03	+	185.39)	/	2 )
=	397.13	/	155.21
=	2.56

Ableprint Technology Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	0	/ (	(177.03	+	185.39)	/	2 )
=	0	/	181.21
=	0.00

Ableprint Technology Co (ROCO:7734) 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.

Ableprint Technology Co's Days Inventory for the three 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
	=	181.21	/	0	*	365 / 4
	=

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.

Ableprint Technology Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	181.21	/	0
	=

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.

Ableprint Technology Co Inventory Turnover Related Terms

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Ableprint Technology Co (ROCO:7734) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Ableprint Technology Co Ltd (ROCO:7734) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 173, Dahu Road, Xiangshan District, Hsinchu, TWN, 300110

Website

http://www.ableprint.com.tw

Ableprint Technology Co Ltd is a company that provides solutions to advanced packaging process problems as an entry into the entrepreneurial market, provide a complete set of systems to solve problems and reduce manufacturing costs.

Ableprint Technology Co (ROCO:7734) Headlines

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