Jinan Acetate Chemical Co (TPE:4763) Change In Inventory : NT$25 Mil (TTM As of Mar. 2024)

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What is Jinan Acetate Chemical Co Change In Inventory?

Jinan Acetate Chemical Co's change in inventory for the quarter that ended in Mar. 2024 was NT$-138 Mil. It means Jinan Acetate Chemical Co's inventory increased by NT$138 Mil from Dec. 2023 to Mar. 2024 .

Jinan Acetate Chemical Co's change in inventory for the fiscal year that ended in Dec. 2023 was NT$-116 Mil. It means Jinan Acetate Chemical Co's inventory increased by NT$116 Mil from Dec. 2022 to Dec. 2023 .

Jinan Acetate Chemical Co's Total Inventories for the quarter that ended in Mar. 2024 was NT$627 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jinan Acetate Chemical Co's Days Inventory for the quarter that ended in Mar. 2024 was 42.94.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jinan Acetate Chemical Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.13.

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. Jinan Acetate Chemical Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.15.

Jinan Acetate Chemical Co Change In Inventory Historical Data

The historical data trend for Jinan Acetate Chemical 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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Jinan Acetate Chemical Co Change In Inventory Chart

Jinan Acetate Chemical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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77.07

22.72

-163.31

8.12

-116.03

Jinan Acetate Chemical 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															-278.92	62.14	-76.08	176.84	-138.01

Jinan Acetate Chemical 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$25 Mil.

Jinan Acetate Chemical Co (TPE:4763) Change In Inventory Explanation

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

Jinan Acetate Chemical 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
	=	556.709	/	1183.075	*	365 / 4
	=	42.94

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

Jinan Acetate Chemical Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1183.075	/	556.709
	=	2.13

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.

Jinan Acetate Chemical Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	556.709	/	3613.515
	=	0.15

Jinan Acetate Chemical Co Change In Inventory Related Terms

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Jinan Acetate Chemical Co (TPE:4763) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Jinan Acetate Chemical Co Ltd (TPE:4763) » Definitions » Change In Inventory

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Address

No.7 of Taixing East Street, Jiyang County, Shandong Province, Jinan, CHN

Website

http://www.acetek.com.cn

Jinan Acetate Chemical Co Ltd is a chemical company based in China. The company is engaged in the manufacturing and sales of cellulose acetate products. It derives a majority of its revenue from Cellulose acetate tow products. Geographically, it generates maximum revenue from Asia and also has a presence in America, Africa, and Other Countries.

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