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VisEra Technologies Co (TPE:6789) Inventory Turnover : 13.79 (As of Mar. 2024)


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What is VisEra Technologies 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. VisEra Technologies Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$1,691 Mil. VisEra Technologies Co's Average Total Inventories for the quarter that ended in Mar. 2024 was NT$123 Mil. VisEra Technologies Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 13.79.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. VisEra Technologies Co's Days Inventory for the three months ended in Mar. 2024 was 6.62.

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. VisEra Technologies Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.06.


VisEra Technologies Co Inventory Turnover Historical Data

The historical data trend for VisEra Technologies 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.

* Premium members only.

VisEra Technologies Co Inventory Turnover Chart

VisEra Technologies Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial 48.22 53.81 60.12 63.38 62.79

VisEra Technologies Co Quarterly Data
Dec17 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory Turnover 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 14.01 18.23 18.91 17.57 13.79

VisEra Technologies Co Inventory Turnover Calculation

VisEra Technologies 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 )
=6022.582 / ((85.228 + 106.599) / 2 )
=6022.582 / 95.9135
=62.79

VisEra Technologies Co'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 )
=1690.916 / ((106.599 + 138.567) / 2 )
=1690.916 / 122.583
=13.79

* 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.


VisEra Technologies Co  (TPE:6789) 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.

VisEra Technologies 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
=122.583/1690.916*365 / 4
=6.62

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.

VisEra Technologies Co'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 )
=122.583 / 2109.362
=0.06

* 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.


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.


VisEra Technologies Co Inventory Turnover Related Terms

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VisEra Technologies Co (TPE:6789) Business Description

Traded in Other Exchanges
N/A
Address
No. 12, Duxing 1st Road, Hsinchu Science Park, Hsinchu, TWN, 30078
VisEra Technologies Co Ltd is a dedicated optical foundry mainly engaged in manufacturing electronic spare parts and in researching, developing, designing, manufacturing, selling, packaging, and testing color filters. Geographically, the company operates in Asia, Taiwan, Europe, and the United States, and it derives a majority of its revenue from Asian Markets.

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