Cheng Mei Instrument Technology Co

Cheng Mei Instrument Technology Co Inventory Turnover

The Inventory Turnover Ratio of Cheng Mei Instrument Technology Co (7853.TWO) as of Oct 27, 2026 is 0.63. In the previous year, Inventory Turnover Ratio was 0.56 — a change of 12.98% (higher).

Inventory Turnover

0.63

YoY

12.98%

Last updated:

Inventory Turnover Ratio of Cheng Mei Instrument Technology Co is 2024 0.63 . Inventory Turnover Ratio of Cheng Mei Instrument Technology Co was 2023 0.56 . It decreases by 12.98% higher compared to the previous year.

The Cheng Mei Instrument Technology Co Inventory Turnover history

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Inventory Turnover
Date
Inventory Turnover
Jan 1, 2022
0.55 TWD
Jan 1, 2023
0.56 TWD
Jan 1, 2024
0.63 TWD
The Cheng Mei Instrument Technology Co Inventory Turnover history
YEARInventory TurnoverYoY
0.63+12.98%
0.56+1.44%
0.55—

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Cheng Mei Instrument Technology Co Stock analysis

What does Cheng Mei Instrument Technology Co do? Cheng Mei Instrument Technology Co Ltd designs, develops, manufactures, and sells fully and semi-automated optical inspection and metrology equipment. The company's products include semiconductor wafer-level packaging inspection/metrology equipment and compound semiconductor inspection/metrology equipment. It primarily sells these products in Taiwan, mainland China, and other regions. The company focuses on providing application services alongside its hardware solutions. The firm targets customers in the semiconductor industry who require precise inspection and metrology for wafer-level packaging and compound semiconductors. These customers are located in Taiwan, mainland China, and other regions where the company has established sales channels. The company's revenue comes from the sale of inspection and metrology equipment and associated application services. Cheng Mei Instrument Technology Co Ltd operates as a technology provider within the semiconductor manufacturing support sector. Its product portfolio serves the specific needs of semiconductor manufacturers for quality control and precision measurement during production processes. Cheng Mei Instrument Technology Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Cheng Mei Instrument Technology Co stock

Inventory Turnover Ratio of Cheng Mei Instrument Technology Co is 0.63 in 2024.

Inventory Turnover Ratio of Cheng Mei Instrument Technology Co changed from 0.56 to 0.63, representing a 12.98% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Inventory Turnover Ratio Cheng Mei Instrument Technology Co since 2006 – with annual values, charts, and detailed analysis.

Inventory turnover measures how many times inventory is sold and replaced during a period. Higher turnover indicates efficient inventory management.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Inventory Turnover Ratio's Cheng Mei Instrument Technology Co with sector peers and the industry average to assess whether it is attractive.

To evaluate Inventory Turnover Ratio's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Inventory Turnover Ratio.

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Profitability — Cheng Mei Instrument Technology Co

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