MITAC Holdings (TPE:3706) Change In Inventory : NT$301 Mil (TTM As of Dec. 2023)

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What is MITAC Holdings Change In Inventory?

MITAC Holdings's change in inventory for the quarter that ended in Dec. 2023 was NT$616 Mil. It means MITAC Holdings's inventory declined by NT$616 Mil from Sep. 2023 to Dec. 2023 .

MITAC Holdings's change in inventory for the fiscal year that ended in Dec. 2023 was NT$301 Mil. It means MITAC Holdings's inventory declined by NT$301 Mil from Dec. 2022 to Dec. 2023 .

MITAC Holdings's Total Inventories for the quarter that ended in Dec. 2023 was NT$8,930 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MITAC Holdings's Days Inventory for the quarter that ended in Dec. 2023 was 230.02.

Inventory Turnover measures how fast the company turns over its inventory within a year. MITAC Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.40.

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. MITAC Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.87.

MITAC Holdings Change In Inventory Historical Data

The historical data trend for MITAC Holdings'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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MITAC Holdings Change In Inventory Chart

MITAC Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-1,603.72

-1,694.99

-2,932.05

1,686.36

301.05

MITAC Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															2,860.98	-48.68	-5.51	-261.16	616.39

MITAC Holdings 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$301 Mil.

MITAC Holdings (TPE:3706) Change In Inventory Explanation

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

MITAC Holdings's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	9215.0825	/	3655.612	*	365 / 4
	=	230.02

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3655.612	/	9215.0825
	=	0.40

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	9215.0825	/	4927.346
	=	1.87

MITAC Holdings Change In Inventory Related Terms

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MITAC Holdings (TPE:3706) Business Description

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Address

No. 202, Wenhua 2nd Road, Guishan District, Taoyuan, TWN, 33383

Website

https://www.mitac.com

MITAC Holdings Corp is a holding company whose subsidiaries offer a range of electronics manufacturing services. It is engaged in designing, manufacturing, and distributing servers and storage products across various architectures in public cloud, private cloud, and hybrid cloud environments. The smart mobile device and cloud service business group build application ecosystems that bridge cloud service and smart mobile devices. It serves industries such as finance, technology, retail, education, and manufacturing. The company brands include Mio, Magellan, Navman, and Tyan.

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