Asia Cement (Asia Cement) Change In Inventory : $20.24 Mil (TTM As of Mar. 2024)

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What is Asia Cement Change In Inventory?

Asia Cement's change in inventory for the quarter that ended in Mar. 2024 was $4.23 Mil. It means Asia Cement's inventory declined by $4.23 Mil from Dec. 2023 to Mar. 2024 .

Asia Cement's change in inventory for the fiscal year that ended in Dec. 2023 was $36.80 Mil. It means Asia Cement's inventory declined by $36.80 Mil from Dec. 2022 to Dec. 2023 .

Asia Cement's Total Inventories for the quarter that ended in Mar. 2024 was $240.02 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Asia Cement's Days Inventory for the quarter that ended in Mar. 2024 was 47.43.

Inventory Turnover measures how fast the company turns over its inventory within a year. Asia Cement's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.92.

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. Asia Cement's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.46.

Asia Cement Change In Inventory Historical Data

The historical data trend for Asia Cement'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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Asia Cement Change In Inventory Chart

Asia Cement Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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61.39

43.32

-80.79

0.18

36.80

Asia Cement 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															20.80	0.01	18.46	-2.46	4.23

Asia Cement 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 $20.24 Mil.

Asia Cement (OTCPK:AACMZ) Change In Inventory Explanation

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

Asia Cement's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	241.774	/	465.181	*	365 / 4
	=	47.43

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

Asia Cement's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	465.181	/	241.774
	=	1.92

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.

Asia Cement's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	241.774	/	520.622
	=	0.46

Asia Cement Change In Inventory Related Terms

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Asia Cement (Asia Cement) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Asia Cement Corp (OTCPK:AACMZ) » Definitions » Change In Inventory

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Traded in Other Exchanges

1102:Taiwan

Address

No. 207, Dunhua South Road, 30th-31st Floor, Section 2, Daan District, Taipei, TWN, 106

Website

https://www.acc.com.tw

Asia Cement Corp manufactures and sells cement, concrete, and cement-related products to the construction and building industries. The firm also provides a range of services that include industrial plant development, real estate, real estate leasing, warehousing, parking management, waste disposal, and international trade. Asia Cement's product portfolio includes Portland cement types I and II, cement clinker, ready-mix concrete, furnace powder, plaster, and silica sand. The majority of revenue comes from Taiwan and China. Its reportable segments are as follows: Cement, electric power, investment, engineering, transportation, stainless steel, and leasing.

Asia Cement (Asia Cement) Headlines

From GuruFocus

The very first move in the cement industry - Asia Cement Corporation's "Full Shore Power" for a Green, Low-Carbon Port

By PRNewswire PRNewswire • 05-21-2021