Eclat Textile Co (TPE:1476) Inventory Turnover : 1.11 (As of Mar. 2024)

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What is Eclat Textile 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. Eclat Textile Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$5,386 Mil. Eclat Textile Co's Average Total Inventories for the quarter that ended in Mar. 2024 was NT$4,868 Mil. Eclat Textile Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Eclat Textile Co's Days Inventory for the three months ended in Mar. 2024 was 82.47.

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. Eclat Textile Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.64.

Eclat Textile Co Inventory Turnover Historical Data

The historical data trend for Eclat Textile 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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Eclat Textile Co Inventory Turnover Chart

Eclat Textile Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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4.59

4.72

4.27

3.92

4.44

Eclat Textile Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															1.15	1.00	1.19	1.18	1.11

Eclat Textile Co Inventory Turnover Calculation

Eclat Textile Co's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	28670.846	/ (	(8276.308	+	4625.176)	/	2 )
=	28670.846	/	6450.742
=	4.44

Eclat Textile 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: Sep. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	5386.042	/ (	(4689.859	+	5045.845)	/	2 )
=	5386.042	/	4867.852
=	1.11

Eclat Textile Co (TPE:1476) 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.

Eclat Textile 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
	=	4867.852	/	5386.042	*	365 / 4
	=	82.47

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.

Eclat Textile 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 )
	=	4867.852	/	7632.681
	=	0.64

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.

Eclat Textile Co Inventory Turnover Related Terms

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Eclat Textile Co (TPE:1476) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Eclat Textile Co Ltd (TPE:1476) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

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Address

No. 80, Section 2, Chang'an E. Road, 10th Floor, 3, Taipei, TWN

Website

https://www.eclat.com.tw

Eclat Textile Co Ltd is a Taiwan-based textile company that operates in two segments: the knitted division, which produces and sells flexible textiles, and the clothing division, which produces, process, and sells clothing. Its geographical segments include the Americas, Asia, Europe, the Middle East, ANZ, Africa, and Other countries.

Eclat Textile Co (TPE:1476) Headlines

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