Raydium Semi-Conductor (TPE:3592) Inventory Turnover : 2.25 (As of Mar. 2024)

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What is Raydium Semi-Conductor 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. Raydium Semi-Conductor's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$4,247 Mil. Raydium Semi-Conductor's Average Total Inventories for the quarter that ended in Mar. 2024 was NT$1,884 Mil. Raydium Semi-Conductor's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.25.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Raydium Semi-Conductor's Days Inventory for the three months ended in Mar. 2024 was 40.47.

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. Raydium Semi-Conductor's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.31.

Raydium Semi-Conductor Inventory Turnover Historical Data

The historical data trend for Raydium Semi-Conductor'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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Raydium Semi-Conductor Inventory Turnover Chart

Raydium Semi-Conductor Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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6.94

6.78

7.54

4.65

4.55

Raydium Semi-Conductor Quarterly Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.80	1.27	1.55	1.62	2.25

Raydium Semi-Conductor Inventory Turnover Calculation

Raydium Semi-Conductor'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 )
=	13035.858	/ (	(3705.911	+	2028.806)	/	2 )
=	13035.858	/	2867.3585
=	4.55

Raydium Semi-Conductor'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 )
=	4247.203	/ (	(2028.806	+	1738.667)	/	2 )
=	4247.203	/	1883.7365
=	2.25

Raydium Semi-Conductor (TPE:3592) 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.

Raydium Semi-Conductor'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
	=	1883.7365	/	4247.203	*	365 / 4
	=	40.47

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.

Raydium Semi-Conductor'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 )
	=	1883.7365	/	6036.449
	=	0.31

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.

Raydium Semi-Conductor Inventory Turnover Related Terms

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Raydium Semi-Conductor (TPE:3592) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Raydium Semi-Conductor Corp (TPE:3592) » Definitions » Inventory Turnover

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Address

No 23, Lihsin Road, 2nd Floor, Hsinchu Science Park, Hsinchu, TWN

Website

https://www.rad-ic.com

Raydium Semi-Conductor Corp is engaged in the development, design and sale of display driver, sequential control and power management integrated circuit products. It is an integrated circuit provider of thin film transistor-liquid crystal display, an active-matrix organic light-emitting diode (AMOLED), and low-temperature poly-silicon (LTPS) panels.

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