Speed Tech (ROCO:5457) Change In Inventory : NT$-573 Mil (TTM As of Mar. 2024)

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What is Speed Tech Change In Inventory?

Speed Tech's change in inventory for the quarter that ended in Mar. 2024 was NT$-201 Mil. It means Speed Tech's inventory increased by NT$201 Mil from Dec. 2023 to Mar. 2024 .

Speed Tech's change in inventory for the fiscal year that ended in Dec. 2023 was NT$-205 Mil. It means Speed Tech's inventory increased by NT$205 Mil from Dec. 2022 to Dec. 2023 .

Speed Tech's Total Inventories for the quarter that ended in Mar. 2024 was NT$2,738 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Speed Tech's Days Inventory for the quarter that ended in Mar. 2024 was 68.59.

Inventory Turnover measures how fast the company turns over its inventory within a year. Speed Tech's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.33.

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. Speed Tech's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.63.

Speed Tech Change In Inventory Historical Data

The historical data trend for Speed Tech'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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Speed Tech Change In Inventory Chart

Speed Tech Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-139.43

-497.94

-423.70

-337.04

-204.85

Speed Tech 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															167.46	141.73	-404.17	-109.87	-200.77

Speed Tech 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 NT$-573 Mil.

Speed Tech (ROCO:5457) Change In Inventory Explanation

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

Speed Tech's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	2637.8445	/	3509.189	*	365 / 4
	=	68.59

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3509.189	/	2637.8445
	=	1.33

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2637.8445	/	4168.753
	=	0.63

Speed Tech Change In Inventory Related Terms

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Speed Tech (ROCO:5457) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Speed Tech Corp (ROCO:5457) » Definitions » Change In Inventory

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Address

No.568, Sec.1, Ming-Sheng North Road, Guishan District, Taoyuan City, TWN

Website

https://www.speedtech.com.tw

Speed Tech Corp is a company that manufactures electronic connectors for various computers, related control buttons, key components, mechanical design, processing, manufacturing, and sale of various precision molds, jigs, plastic molding products, and electronic, and communication products. The company earns maximum revenue from the connectors department. The company operates in China, Hong Kong, Taiwan, and others.

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