Asmedia Technology (TPE:5269) Inventory Turnover : 1.26 (As of Mar. 2024)

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What is Asmedia Technology 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. Asmedia Technology's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$795 Mil. Asmedia Technology's Average Total Inventories for the quarter that ended in Mar. 2024 was NT$629 Mil. Asmedia Technology's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.26.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Asmedia Technology's Days Inventory for the three months ended in Mar. 2024 was 72.19.

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. Asmedia Technology's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.32.

Asmedia Technology Inventory Turnover Historical Data

The historical data trend for Asmedia Technology'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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Asmedia Technology Inventory Turnover Chart

Asmedia Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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5.37

5.00

2.27

1.97

3.34

Asmedia Technology 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															0.64	0.88	1.12	1.04	1.26

Asmedia Technology Inventory Turnover Calculation

Asmedia Technology'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 )
=	2877.606	/ (	(1157.943	+	564.584)	/	2 )
=	2877.606	/	861.2635
=	3.34

Asmedia Technology'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 )
=	794.683	/ (	(564.584	+	692.753)	/	2 )
=	794.683	/	628.6685
=	1.26

Asmedia Technology (TPE:5269) 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.

Asmedia Technology'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
	=	628.6685	/	794.683	*	365 / 4
	=	72.19

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.

Asmedia Technology'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 )
	=	628.6685	/	1948.193
	=	0.32

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.

Asmedia Technology Inventory Turnover Related Terms

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Asmedia Technology (TPE:5269) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Asmedia Technology Inc (TPE:5269) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

No.115, Minquan Road, 6th Floor, Xindian District, New Taipei, TWN, 231

Website

https://www.asmedia.com.tw

Asmedia Technology Inc is a semiconductor memory company. It is engaged in the design, development, production, and manufacture of high-speed analogue circuit products. Some of its products include USB Controller, PCIe Bridge Controller, SATA Controller, High-Speed Signal Switch, and ASIC. Its geographical segments include the United States, Taiwan, China, Southeast Asia, North-east Asia, and Others, out of which the majority is from the United States. The majority of its revenue is derived from High-speed interface controller.

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