Tien Li Offshore Wind Technology Co (ROCO:6793) Change In Inventory : NT$-9 Mil (TTM As of Dec. 2023)

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What is Tien Li Offshore Wind Technology Co Change In Inventory?

Tien Li Offshore Wind Technology Co's change in inventory for the quarter that ended in Dec. 2023 was NT$-7 Mil. It means Tien Li Offshore Wind Technology Co's inventory increased by NT$7 Mil from Jun. 2023 to Dec. 2023 .

Tien Li Offshore Wind Technology Co's change in inventory for the fiscal year that ended in Dec. 2023 was NT$-9 Mil. It means Tien Li Offshore Wind Technology Co's inventory increased by NT$9 Mil from Dec. 2022 to Dec. 2023 .

Tien Li Offshore Wind Technology Co's Total Inventories for the quarter that ended in Dec. 2023 was NT$30 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tien Li Offshore Wind Technology Co's Days Inventory for the quarter that ended in Dec. 2023 was 9.72.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tien Li Offshore Wind Technology Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 18.77.

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. Tien Li Offshore Wind Technology Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.04.

Tien Li Offshore Wind Technology Co Change In Inventory Historical Data

The historical data trend for Tien Li Offshore Wind 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.

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Tien Li Offshore Wind Technology Co Change In Inventory Chart

Tien Li Offshore Wind Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-11.60

-11.54

-9.48

Tien Li Offshore Wind Technology Co Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial							-	-2.49	-9.06	-2.37	-7.10

Tien Li Offshore Wind 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was NT$-9 Mil.

Tien Li Offshore Wind Technology Co (ROCO:6793) Change In Inventory Explanation

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

Tien Li Offshore Wind 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
	=	26.4775	/	496.98	*	365 / 2
	=	9.72

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

Tien Li Offshore Wind Technology Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	496.98	/	26.4775
	=	18.77

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.

Tien Li Offshore Wind Technology Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	26.4775	/	645.243
	=	0.04

Tien Li Offshore Wind Technology Co Change In Inventory Related Terms

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Tien Li Offshore Wind Technology Co (ROCO:6793) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tien Li Offshore Wind Technology Co Ltd (ROCO:6793) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

Minsheng East Road, 3rd Floor, No. 131, Section 3, Songshan District, Taipei, TWN, 10596

Website

https://www.tien-li.com

Tien Li Offshore Wind Technology Co Ltd specializes in the development and production of wind turbine blades, nacelle covers and molds, as well as blade performance improvement and blade maintenance.

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