Kung Long Batteries Industrial Co (TPE:1537) Change In Inventory : NT$249 Mil (TTM As of Mar. 2024)

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What is Kung Long Batteries Industrial Co Change In Inventory?

Kung Long Batteries Industrial Co's change in inventory for the quarter that ended in Mar. 2024 was NT$96 Mil. It means Kung Long Batteries Industrial Co's inventory declined by NT$96 Mil from Dec. 2023 to Mar. 2024 .

Kung Long Batteries Industrial Co's change in inventory for the fiscal year that ended in Dec. 2023 was NT$295 Mil. It means Kung Long Batteries Industrial Co's inventory declined by NT$295 Mil from Dec. 2022 to Dec. 2023 .

Kung Long Batteries Industrial Co's Total Inventories for the quarter that ended in Mar. 2024 was NT$1,716 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kung Long Batteries Industrial Co's Days Inventory for the quarter that ended in Mar. 2024 was 116.08.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kung Long Batteries Industrial Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.79.

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. Kung Long Batteries Industrial Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.01.

Kung Long Batteries Industrial Co Change In Inventory Historical Data

The historical data trend for Kung Long Batteries Industrial 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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Kung Long Batteries Industrial Co Change In Inventory Chart

Kung Long Batteries Industrial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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428.85

-122.47

-434.34

-247.87

294.61

Kung Long Batteries Industrial 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															141.70	36.41	-78.66	195.16	96.04

Kung Long Batteries Industrial 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$249 Mil.

Kung Long Batteries Industrial Co (TPE:1537) Change In Inventory Explanation

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

Kung Long Batteries Industrial 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
	=	1763.75	/	1386.526	*	365 / 4
	=	116.08

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

Kung Long Batteries Industrial Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1386.526	/	1763.75
	=	0.79

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.

Kung Long Batteries Industrial Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1763.75	/	1741.936
	=	1.01

Kung Long Batteries Industrial Co Change In Inventory Related Terms

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Kung Long Batteries Industrial Co (TPE:1537) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kung Long Batteries Industrial Co Ltd (TPE:1537) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

No.6, Tzu-Li 3rd Road, Nantou, TWN, 54067

Website

https://www.klb.com.tw

Kung Long Batteries Industrial Co Ltd is a Taiwan based company. The Company is primarily engaged in the manufacture and sales of lead-acid batteries. The company has production facilities in Taiwan and Vietnam. The products are offered for a wide range of applications: multipurpose, cycling high-power, electric car, deep-cycle, renewable energy, and solar energy.

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