Welltend Technology (TPE:3021) Change In Inventory

: NT$56 Mil (TTM As of Dec. 2023)

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Welltend Technology's change in inventory for the quarter that ended in Dec. 2023 was NT$44 Mil. It means Welltend Technology's inventory declined by NT$44 Mil from Sep. 2023 to Dec. 2023 .

Welltend Technology's change in inventory for the fiscal year that ended in Dec. 2023 was NT$185 Mil. It means Welltend Technology's inventory declined by NT$185 Mil from Dec. 2022 to Dec. 2023 .

Welltend Technology's Total Inventories for the quarter that ended in Dec. 2023 was NT$594 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Welltend Technology's Days Inventory for the quarter that ended in Dec. 2023 was 89.30.

Inventory Turnover measures how fast the company turns over its inventory within a year. Welltend Technology's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.02.

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. Welltend Technology's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.78.

Welltend Technology Change In Inventory Historical Data

The historical data trend for Welltend Technology'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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Welltend Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-14.18

-175.91

-153.47

97.39

184.95

Welltend Technology Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															45.12	7.66	-	12.58	43.87

Welltend Technology 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 quarterly data reported by the company within the most recent 12 months, which was NT$56 Mil.

Welltend Technology (TPE:3021) Change In Inventory Explanation

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

Welltend Technology's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	616.185	/	629.652	*	365 / 4
	=	89.30

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

Welltend Technology's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	629.652	/	616.185
	=	1.02

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.

Welltend Technology's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	616.185	/	785.582
	=	0.78

Welltend Technology Change In Inventory Related Terms

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Welltend Technology (TPE:3021) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Welltend Technology Corp (TPE:3021) » Definitions » Change In Inventory

Comparable Companies

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N/A

Address

6F, No.59, Dongxing Road, Taipei, TWN

Website

https://www.welltend.com.tw

Welltend Technology Corp is mainly engaged in the research and development, production and sales of computers, home appliances, automobiles, business-related parts, and components. The Group is divided into two operating segments: Information Service Department and the Wire & Connectors Department. The main business of the Information Service Department is the integrated planning and implementation of information systems and consulting services. The main business of the Wire & Connectors Department is the production and sale of computer peripherals, smart home appliances, communication equipment, and game consoles.

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