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China Fineblanking Technology Co (ROCO:1586) Change In Inventory : NT$80 Mil (TTM As of Mar. 2024)


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What is China Fineblanking Technology Co Change In Inventory?

China Fineblanking Technology Co's change in inventory for the quarter that ended in Mar. 2024 was NT$10 Mil. It means China Fineblanking Technology Co's inventory declined by NT$10 Mil from Dec. 2023 to Mar. 2024 .

China Fineblanking Technology Co's change in inventory for the fiscal year that ended in Dec. 2023 was NT$131 Mil. It means China Fineblanking Technology Co's inventory declined by NT$131 Mil from Dec. 2022 to Dec. 2023 .

China Fineblanking Technology Co's Total Inventories for the quarter that ended in Mar. 2024 was NT$578 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Fineblanking Technology Co's Days Inventory for the quarter that ended in Mar. 2024 was 99.37.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Fineblanking Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.92.

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. China Fineblanking Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.89.


China Fineblanking Technology Co Change In Inventory Historical Data

The historical data trend for China Fineblanking Technology Co's Change In Inventory 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.

China Fineblanking Technology Co Change In Inventory Chart

China Fineblanking Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.27 -30.60 -156.12 -52.12 130.92

China Fineblanking Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 61.51 32.76 40.80 -4.15 10.33

China Fineblanking Technology Co Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$80 Mil.

* 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.


China Fineblanking Technology Co  (ROCO:1586) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

China Fineblanking Technology Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=579.118/531.788*365 / 4
=99.37

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

China Fineblanking Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

3. 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.

China Fineblanking Technology Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

* 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.


China Fineblanking Technology Co Change In Inventory Related Terms

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China Fineblanking Technology Co (ROCO:1586) Business Description

Traded in Other Exchanges
N/A
Address
No.40, Xinggong Road, Shengang Township, Changhua County, Chang Hua, TWN, 51648
China Fineblanking Technology Co Ltd is engaged in the processing and manufacturing of various types of electronic and automotive parts. It is also engaged in on-electrolytic nickel plating surface treatment, double grinding, heat treatment, CNC machining, and gear machining. The Group has three reportable segments: HDD parts, Vehicle parts, and, Management and operation. The key revenue generator is the Vehicle Parts segment. It produces and sells vehicle parts.

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