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Emerging Display Technologies (TPE:3038) Inventory-to-Revenue : 0.83 (As of Mar. 2024)


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What is Emerging Display Technologies 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. Emerging Display Technologies's Average Total Inventories for the quarter that ended in Mar. 2024 was NT$789 Mil. Emerging Display Technologies's Revenue for the three months ended in Mar. 2024 was NT$950 Mil. Emerging Display Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.83.

Emerging Display Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (0.88) to Dec. 2023 (0.83)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Emerging Display Technologies's Days Inventory for the three months ended in Mar. 2024 was 97.04.

Inventory Turnover measures how fast the company turns over its inventory within a year. Emerging Display Technologies's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.94.


Emerging Display Technologies Inventory-to-Revenue Historical Data

The historical data trend for Emerging Display Technologies'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.

Emerging Display Technologies Inventory-to-Revenue Chart

Emerging Display Technologies 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 0.20 0.22 0.23 0.22 0.21

Emerging Display Technologies 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 0.86 0.72 0.73 0.88 0.83

Competitive Comparison of Emerging Display Technologies's Inventory-to-Revenue

For the Electronic Components subindustry, Emerging Display Technologies'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.


Emerging Display Technologies's Inventory-to-Revenue Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Emerging Display Technologies's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Emerging Display Technologies's Inventory-to-Revenue falls into.



Emerging Display Technologies 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.

Emerging Display Technologies'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 )
=( (1044.614 + 828.441) / 2 ) / 4386.724
=936.5275 / 4386.724
=0.21

Emerging Display Technologies'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 )
=( (828.441 + 748.69) / 2 ) / 949.637
=788.5655 / 949.637
=0.83

* 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.


Emerging Display Technologies  (TPE:3038) 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.

Emerging Display Technologies'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
=788.5655/741.488*365 / 4
=97.04

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

Emerging Display Technologies'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 )
=741.488 / 788.5655
=0.94

* 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.


Emerging Display Technologies Inventory-to-Revenue Related Terms

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Emerging Display Technologies (TPE:3038) Business Description

Traded in Other Exchanges
N/A
Address
No. 5, Central 1st Road, Qianzhen District, Kaohsiung City, TWN
Emerging Display Technologies Corp is engaged in manufacturing and selling Capacity Touch Panel and liquid crystal displays (LCDs). Its operating segments include the domestic segment, the North America segment, and the mainland China segment. The domestic segment engages in designing, manufacturing, and selling liquid crystal displays modules and capacitive touch panel, and functions as operating headquarters of the Group. The North America segment mainly expands the North American trading business and implements marketing functions in North America. The North America segment engages in the sale of liquid crystal displays provided by the domestic segment. The mainland China segment engages in the manufacture of processing raw materials and supplies provided by the domestic segment.

Emerging Display Technologies (TPE:3038) Headlines

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