Uni-President Enterprises (TPE:1216) Inventory Turnover : 1.90 (As of Mar. 2024)

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What is Uni-President Enterprises 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. Uni-President Enterprises's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$107,039 Mil. Uni-President Enterprises's Average Total Inventories for the quarter that ended in Mar. 2024 was NT$56,388 Mil. Uni-President Enterprises's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.90.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Uni-President Enterprises's Days Inventory for the three months ended in Mar. 2024 was 48.07.

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. Uni-President Enterprises's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.36.

Uni-President Enterprises Inventory Turnover Historical Data

The historical data trend for Uni-President Enterprises'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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Uni-President Enterprises Inventory Turnover Chart

Uni-President Enterprises Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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8.05

7.66

7.42

7.18

7.11

Uni-President Enterprises 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															1.77	1.84	2.12	1.83	1.90

Uni-President Enterprises Inventory Turnover Calculation

Uni-President Enterprises'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 )
=	393289.237	/ (	(52932.399	+	57749.488)	/	2 )
=	393289.237	/	55340.9435
=	7.11

Uni-President Enterprises'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 )
=	107038.579	/ (	(57749.488	+	55027.427)	/	2 )
=	107038.579	/	56388.4575
=	1.90

Uni-President Enterprises (TPE:1216) 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.

Uni-President Enterprises'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
	=	56388.4575	/	107038.579	*	365 / 4
	=	48.07

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.

Uni-President Enterprises'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 )
	=	56388.4575	/	158756.079
	=	0.36

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.

Uni-President Enterprises Inventory Turnover Related Terms

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Uni-President Enterprises (TPE:1216) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Uni-President Enterprises Corp (TPE:1216) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 301, Zhongzheng Road, Yongkang District, Tainan, TWN, 710401

Website

https://www.uni-president.com.tw

Uni-President Enterprises is one of the largest food conglomerates in Asia. It produces and sells a comprehensive range of food products through its company and affiliates. Core business includes food manufacturing and investments in other related business. Product categories include feeds, flour, edible oils, soy sauce, meat products, instant noodles, bread, beverages, dairy products, frozen food, and health food. Through its network of 200 affiliates, its convenient stores, retail, logistics, construction, finance, and recreation operations are located all across Taiwan, mainland China, and Southeast Asia.

Uni-President Enterprises (TPE:1216) Headlines

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