HIM International Music (ROCO:8446) Change In Inventory : NT$-1 Mil (TTM As of Mar. 2024)

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What is HIM International Music Change In Inventory?

HIM International Music's change in inventory for the quarter that ended in Mar. 2024 was NT$-0 Mil. It means HIM International Music's inventory increased by NT$0 Mil from Dec. 2023 to Mar. 2024 .

HIM International Music's change in inventory for the fiscal year that ended in Dec. 2023 was NT$0 Mil. It means HIM International Music's inventory declined by NT$0 Mil from Dec. 2022 to Dec. 2023 .

HIM International Music's Total Inventories for the quarter that ended in Mar. 2024 was NT$2 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. HIM International Music's Days Inventory for the quarter that ended in Mar. 2024 was 3.62.

Inventory Turnover measures how fast the company turns over its inventory within a year. HIM International Music's Inventory Turnover for the quarter that ended in Mar. 2024 was 25.17.

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. HIM International Music's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.01.

HIM International Music Change In Inventory Historical Data

The historical data trend for HIM International Music'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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HIM International Music Change In Inventory Chart

HIM International Music Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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0.74

-0.33

-0.62

-0.09

0.02

HIM International Music 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															0.47	0.20	0.05	-0.70	-0.40

HIM International Music 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$-1 Mil.

HIM International Music (ROCO:8446) Change In Inventory Explanation

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

HIM International Music's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	2.114	/	53.219	*	365 / 4
	=	3.62

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

HIM International Music's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	53.219	/	2.114
	=	25.17

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.

HIM International Music's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.114	/	257.334
	=	0.01

HIM International Music Change In Inventory Related Terms

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HIM International Music (ROCO:8446) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » HIM International Music Inc (ROCO:8446) » Definitions » Change In Inventory

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Traded in Other Exchanges

N/A

Address

Jian Guo N Road, Sector 2, 15th Floor, No 135, Taipei County, TWN

Website

http://www.him.com.tw

HIM International Music Inc is a Taiwan based media company. The company is engaged in organizing media activities such as live events, autograph sessions, and endorsement activities. It also provides music records and albums. The company also arrange concerts in Taiwan.

HIM International Music (ROCO:8446) Headlines

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