Axman Enterprise Co (ROCO:6804) Change In Inventory : NT$322 Mil (TTM As of Sep. 2024)

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What is Axman Enterprise Co Change In Inventory?

Axman Enterprise Co's change in inventory for the quarter that ended in Sep. 2024 was NT$97 Mil. It means Axman Enterprise Co's inventory declined by NT$97 Mil from Jun. 2024 to Sep. 2024 .

Axman Enterprise Co's change in inventory for the fiscal year that ended in Dec. 2023 was NT$285 Mil. It means Axman Enterprise Co's inventory declined by NT$285 Mil from Dec. 2022 to Dec. 2023 .

Axman Enterprise Co's Total Inventories for the quarter that ended in Sep. 2024 was NT$246 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Axman Enterprise Co's Days Inventory for the quarter that ended in Sep. 2024 was 54.81.

Inventory Turnover measures how fast the company turns over its inventory within a year. Axman Enterprise Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.66.

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. Axman Enterprise Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.52.

Axman Enterprise Co Change In Inventory Historical Data

The historical data trend for Axman Enterprise Co'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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Axman Enterprise Co Change In Inventory Chart

Axman Enterprise Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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69.92

-254.74

-416.34

125.39

285.25

Axman Enterprise Co Quarterly Data
	Jun19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Inventory	Get a 7-Day Free Trial															51.25	151.02	-119.88	193.48	97.38

Axman Enterprise Co 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$322 Mil.

Axman Enterprise Co (ROCO:6804) Change In Inventory Explanation

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

Axman Enterprise Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	294.454	/	490.189	*	365 / 4
	=	54.81

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

Axman Enterprise Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	490.189	/	294.454
	=	1.66

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.

Axman Enterprise Co's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	294.454	/	566.683
	=	0.52

Axman Enterprise Co Change In Inventory Related Terms

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Axman Enterprise Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Axman Enterprise Co Ltd (ROCO:6804) » Definitions » Change In Inventory

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Address

No. 1, Zhongshan Road, Section 3, Daqiao Village, Dacun Township, Changhua County, Changhua, TWN, 515

Website

https://zh-tw.axman.com.tw

Axman Enterprise Co Ltd is engaged in the design and manufacture of bicycles, road bikes, and mountain bikes. Also, the company manufactures and supplies carbon fiber frames.

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