Emerging Display Technologies (TPE:3038) Inventory Turnover : 0.94 (As of Mar. 2024)

View and export this data going back to 2002. Start your Free Trial

What is Emerging Display Technologies 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. Emerging Display Technologies's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$741 Mil. Emerging Display Technologies's Average Total Inventories for the quarter that ended in Mar. 2024 was NT$789 Mil. Emerging Display Technologies's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.94.

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-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 quarter that ended in Mar. 2024 was 0.83.

Emerging Display Technologies Inventory Turnover Historical Data

The historical data trend for Emerging Display Technologies'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.

Emerging Display Technologies Inventory Turnover Chart

Emerging Display Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

4.01

3.53

3.60

3.59

3.60

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 Turnover	Get a 7-Day Free Trial															0.92	1.11	1.04	0.82	0.94

Emerging Display Technologies Inventory Turnover Calculation

Emerging Display Technologies'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 )
=	3376.002	/ (	(1044.614	+	828.441)	/	2 )
=	3376.002	/	936.5275
=	3.60

Emerging Display Technologies'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 )
=	741.488	/ (	(828.441	+	748.69)	/	2 )
=	741.488	/	788.5655
=	0.94

Emerging Display Technologies (TPE:3038) 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.

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-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 quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	788.5655	/	949.637
	=	0.83

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.

Emerging Display Technologies Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Emerging Display Technologies's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Emerging Display Technologies (TPE:3038) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Emerging Display Technologies Corp (TPE:3038) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5, Central 1st Road, Qianzhen District, Kaohsiung City, TWN

Website

https://www.edtc.com

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

No Headlines