Solid Year Co (ROCO:6737) Change In Inventory : NT$71 Mil (TTM As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Solid Year Co Change In Inventory?

Solid Year Co's change in inventory for the quarter that ended in Dec. 2023 was NT$-127 Mil. It means Solid Year Co's inventory increased by NT$127 Mil from Jun. 2023 to Dec. 2023 .

Solid Year Co's change in inventory for the fiscal year that ended in Dec. 2023 was NT$71 Mil. It means Solid Year Co's inventory declined by NT$71 Mil from Dec. 2022 to Dec. 2023 .

Solid Year Co's Total Inventories for the quarter that ended in Dec. 2023 was NT$704 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Solid Year Co's Days Inventory for the quarter that ended in Dec. 2023 was 83.86.

Inventory Turnover measures how fast the company turns over its inventory within a year. Solid Year Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.18.

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. Solid Year Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.35.

Solid Year Co Change In Inventory Historical Data

The historical data trend for Solid Year 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.

Solid Year Co Change In Inventory Chart

Solid Year Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-14.13

-283.99

-117.83

-91.34

70.55

Solid Year Co Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial									-55.48	-73.10	-18.24	198.02	-127.47

Solid Year 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was NT$71 Mil.

Solid Year Co (ROCO:6737) Change In Inventory Explanation

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

Solid Year 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
	=	637.985	/	1388.353	*	365 / 2
	=	83.86

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

Solid Year Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1388.353	/	637.985
	=	2.18

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.

Solid Year Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	637.985	/	1827.088
	=	0.35

Solid Year Co Change In Inventory Related Terms

Thank you for viewing the detailed overview of Solid Year Co's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Solid Year Co (ROCO:6737) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Solid Year Co Ltd (ROCO:6737) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xintai 5th Road, 18th Floor, No. 97, Section 1, Xizhi District, New Taipei City, Taipei, TWN

Website

http://www.solidyear.com

Solid Year Co Ltd is engaged in producing single-shot and double-shot plastic injection finished products from mold manufacturers specializing in mold design and manufacturing. The company's products are computer keyboard, USB network camera, USB network camera module, driving recorder, hunting machine, projector, gamepad, automotive electronics, in-car multimedia audio and video system, smart rear-view mirror, head-up display, iPhone Computer electronic peripheral products such as Car Box, infant network surveillance camera, among others.

Solid Year Co (ROCO:6737) Headlines

No Headlines