Taiwan Taomee Co (ROCO:6428) Inventory Turnover : 0.00 (As of Dec. 2023)

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What is Taiwan Taomee 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. Taiwan Taomee Co's Cost of Goods Sold for the six months ended in Dec. 2023 was NT$11.08 Mil. Taiwan Taomee Co's Average Total Inventories for the quarter that ended in Dec. 2023 was NT$0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Taiwan Taomee Co's Days Inventory for the six months ended in Dec. 2023 was 0.00.

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. Taiwan Taomee Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Taiwan Taomee Co Inventory Turnover Historical Data

The historical data trend for Taiwan Taomee 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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Taiwan Taomee Co Inventory Turnover Chart

Taiwan Taomee Co Annual Data

Trend

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Dec23

Inventory Turnover

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Taiwan Taomee Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Taiwan Taomee Co Inventory Turnover Calculation

Taiwan Taomee 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 )
=	27.288	/ (	(0	+	0)	/	1 )
=	27.288	/	0
=	N/A

Taiwan Taomee 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 )
=	11.076	/ (	(0	+	0)	/	1 )
=	11.076	/	0
=	N/A

Taiwan Taomee Co (ROCO:6428) 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.

Taiwan Taomee Co's Days Inventory for the six 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
	=	0	/	11.076	*	365 / 2
	=	0.00

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.

Taiwan Taomee 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 )
	=	0	/	28.703
	=	0.00

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.

Taiwan Taomee Co Inventory Turnover Related Terms

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Taiwan Taomee Co (ROCO:6428) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Taiwan Taomee Co Ltd (ROCO:6428) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

Jianguo North Road, Zhongshan District, 8th Floor, No. 126, Section 1, Taipei, TWN

Website

http://www.61.com.tw

Taiwan Taomee Co Ltd is an online game platform operation company. It is engaged in the operation and development of online games. It provides games for mobile phones and computers.

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