Sports Gear Co (TPE:6768) Change In Inventory : NT$-249 Mil (TTM As of Mar. 2024)

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What is Sports Gear Co Change In Inventory?

Sports Gear Co's change in inventory for the quarter that ended in Mar. 2024 was NT$-614 Mil. It means Sports Gear Co's inventory increased by NT$614 Mil from Dec. 2023 to Mar. 2024 .

Sports Gear Co's change in inventory for the fiscal year that ended in Dec. 2023 was NT$267 Mil. It means Sports Gear Co's inventory declined by NT$267 Mil from Dec. 2022 to Dec. 2023 .

Sports Gear Co's Total Inventories for the quarter that ended in Mar. 2024 was NT$2,193 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sports Gear Co's Days Inventory for the quarter that ended in Mar. 2024 was 53.14.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sports Gear Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.72.

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. Sports Gear Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.46.

Sports Gear Co Change In Inventory Historical Data

The historical data trend for Sports Gear 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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Sports Gear Co Change In Inventory Chart

Sports Gear Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-549.58

417.49

142.38

-131.53

266.73

Sports Gear Co Quarterly Data
	Dec17	Dec18	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															-98.89	540.41	-334.50	159.70	-614.46

Sports Gear 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.

Sports Gear Co (TPE:6768) Change In Inventory Explanation

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

Sports Gear 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
	=	1865.4335	/	3203.225	*	365 / 4
	=	53.14

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

Sports Gear Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3203.225	/	1865.4335
	=	1.72

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.

Sports Gear Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1865.4335	/	4011.926
	=	0.46

Sports Gear Co Change In Inventory Related Terms

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Sports Gear Co (TPE:6768) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Sports Gear Co Ltd (TPE:6768) » Definitions » Change In Inventory

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Traded in Other Exchanges

N/A

Address

802 West Bay Road, Oleander Way,, The Grand Pavilion Commercial Centre, P.O. Box 32052, Grand Cayman, CYM, 1208

Website

http://www.sportsgear.com.tw

Sports Gear Co Ltd is engaged in the manufacturing, import, and export of shoes and other sports-related products. The company produces and sells Casual shoes, Sports Shoes and others.

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