GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Taiwan Advance Bio-Pharmaceutical Inc (ROCO:4186) » Definitions » Change In Inventory

Taiwan Advance Bio-Pharmaceutical (ROCO:4186) Change In Inventory : NT$2.5 Mil (TTM As of Dec. 2023)


View and export this data going back to 2012. Start your Free Trial

What is Taiwan Advance Bio-Pharmaceutical Change In Inventory?

Taiwan Advance Bio-Pharmaceutical's change in inventory for the quarter that ended in Dec. 2023 was NT$2.0 Mil. It means Taiwan Advance Bio-Pharmaceutical's inventory declined by NT$2.0 Mil from Jun. 2023 to Dec. 2023 .

Taiwan Advance Bio-Pharmaceutical's change in inventory for the fiscal year that ended in Dec. 2023 was NT$2.5 Mil. It means Taiwan Advance Bio-Pharmaceutical's inventory declined by NT$2.5 Mil from Dec. 2022 to Dec. 2023 .

Taiwan Advance Bio-Pharmaceutical's Total Inventories for the quarter that ended in Dec. 2023 was NT$21.2 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Taiwan Advance Bio-Pharmaceutical's Days Inventory for the quarter that ended in Dec. 2023 was 73.69.

Inventory Turnover measures how fast the company turns over its inventory within a year. Taiwan Advance Bio-Pharmaceutical's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.48.

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. Taiwan Advance Bio-Pharmaceutical's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.12.


Taiwan Advance Bio-Pharmaceutical Change In Inventory Historical Data

The historical data trend for Taiwan Advance Bio-Pharmaceutical'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.

* Premium members only.

Taiwan Advance Bio-Pharmaceutical Change In Inventory Chart

Taiwan Advance Bio-Pharmaceutical Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 -0.39 -0.41 0.21 2.48

Taiwan Advance Bio-Pharmaceutical Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.91 -1.03 1.24 0.49 1.99

Taiwan Advance Bio-Pharmaceutical 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 semi-annually data reported by the company within the most recent 12 months, which was NT$2.5 Mil.

* 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.


Taiwan Advance Bio-Pharmaceutical  (ROCO:4186) Change In Inventory Explanation

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

Taiwan Advance Bio-Pharmaceutical's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=22.222/55.034*365 / 2
=73.69

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

Taiwan Advance Bio-Pharmaceutical's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

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.

Taiwan Advance Bio-Pharmaceutical's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

* 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.


Taiwan Advance Bio-Pharmaceutical Change In Inventory Related Terms

Thank you for viewing the detailed overview of Taiwan Advance Bio-Pharmaceutical's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Taiwan Advance Bio-Pharmaceutical (ROCO:4186) Business Description

Traded in Other Exchanges
N/A
Address
12F., No.25, Ln. 169, Kangning Street, Xizhi Dist, New Taipei City, TWN, 22180
Taiwan Advance Bio-Pharmaceutical Inc operates in the food safety industry. The company's product includes Food safety test kit, Animal test kit, Pesticide test kit, Mycotoxin test kit, Nuleic acid extraction kit.

Taiwan Advance Bio-Pharmaceutical (ROCO:4186) Headlines

No Headlines