Proxene Tools Co (ROCO:6904) Change In Inventory : NT$2.5 Mil (TTM As of Mar. 2024)

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What is Proxene Tools Co Change In Inventory?

Proxene Tools Co's change in inventory for the quarter that ended in Mar. 2024 was NT$1.9 Mil. It means Proxene Tools Co's inventory declined by NT$1.9 Mil from Dec. 2023 to Mar. 2024 .

Proxene Tools Co's change in inventory for the fiscal year that ended in Dec. 2023 was NT$-4.2 Mil. It means Proxene Tools Co's inventory increased by NT$4.2 Mil from Dec. 2022 to Dec. 2023 .

Proxene Tools Co's Total Inventories for the quarter that ended in Mar. 2024 was NT$226.2 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Proxene Tools Co's Days Inventory for the quarter that ended in Mar. 2024 was 140.34.

Inventory Turnover measures how fast the company turns over its inventory within a year. Proxene Tools Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.65.

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. Proxene Tools Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.01.

Proxene Tools Co Change In Inventory Historical Data

The historical data trend for Proxene Tools 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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Proxene Tools Co Change In Inventory Chart

Proxene Tools Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-7.02

-32.60

-55.53

6.41

-4.19

Proxene Tools Co Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial								-4.75	-0.65	-8.38	9.60	1.92

Proxene Tools 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$2.5 Mil.

Proxene Tools Co (ROCO:6904) Change In Inventory Explanation

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

Proxene Tools 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
	=	226.8925	/	147.523	*	365 / 4
	=	140.34

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

Proxene Tools Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	147.523	/	226.8925
	=	0.65

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.

Proxene Tools Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	226.8925	/	225.021
	=	1.01

Proxene Tools Co Change In Inventory Related Terms

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Proxene Tools Co (ROCO:6904) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Proxene Tools Co Ltd (ROCO:6904) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

No. 35, Alley 28, Lane 360, Zhongshan Road, Shengang District, Taichung City, TWN, 42947

Website

https://www.proxene.com.tw

Proxene Tools Co Ltd engages in the manufacturing and exporting of adjustable angle wrenches in Taiwan. It offers industrial hand tools manufacturing adjustable wrench hand tools, wrenches, Industrial Video Borescope, Diagnostic equipment, and Car care products.

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