United Radiant Technology (ROCO:5315) Change In Inventory : NT$32 Mil (TTM As of Dec. 2023)

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What is United Radiant Technology Change In Inventory?

United Radiant Technology's change in inventory for the quarter that ended in Dec. 2023 was NT$29 Mil. It means United Radiant Technology's inventory declined by NT$29 Mil from Sep. 2023 to Dec. 2023 .

United Radiant Technology's change in inventory for the fiscal year that ended in Dec. 2023 was NT$138 Mil. It means United Radiant Technology's inventory declined by NT$138 Mil from Dec. 2022 to Dec. 2023 .

United Radiant Technology's Total Inventories for the quarter that ended in Dec. 2023 was NT$222 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. United Radiant Technology's Days Inventory for the quarter that ended in Dec. 2023 was 88.97.

Inventory Turnover measures how fast the company turns over its inventory within a year. United Radiant Technology's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.03.

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. United Radiant Technology's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.83.

United Radiant Technology Change In Inventory Historical Data

The historical data trend for United Radiant 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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United Radiant Technology Change In Inventory Chart

United Radiant Technology Annual Data

Trend

Dec14

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Dec23

Change In Inventory

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79.75

-119.16

34.87

-23.03

138.00

United Radiant 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															-52.08	55.13	-	2.42	29.30

United Radiant 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$32 Mil.

United Radiant Technology (ROCO:5315) Change In Inventory Explanation

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

United Radiant 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
	=	238.292	/	244.387	*	365 / 4
	=	88.97

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	244.387	/	238.292
	=	1.03

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	238.292	/	287.751
	=	0.83

United Radiant Technology Change In Inventory Related Terms

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United Radiant Technology (ROCO:5315) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » United Radiant Technology Corp (ROCO:5315) » Definitions » Change In Inventory

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Address

No.12,Chien-Kuo Road, T.T.I.P., Tantzu District, Taichung, TWN, 42760

Website

https://www.urt.com.tw

United Radiant Technology Corp is a Taiwan-based company engaged in manufacturing, processing, and selling all kinds of liquid crystal displays (LCDs) and their modules. It is also involved in the contracting business of LED street lighting projects. Revenue from sales of goods is generated from sales of LCD modules and LCD products. n revenue comes from export sales, including sales to Europe and the Americas.

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