We Can Medicines Co (ROCO:6929) Change In Inventory : NT$-78 Mil (TTM As of Sep. 2024)

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What is We Can Medicines Co Change In Inventory?

We Can Medicines Co's change in inventory for the quarter that ended in Sep. 2024 was NT$17 Mil. It means We Can Medicines Co's inventory declined by NT$17 Mil from Jun. 2024 to Sep. 2024 .

We Can Medicines Co's change in inventory for the fiscal year that ended in Dec. 2023 was NT$-82 Mil. It means We Can Medicines Co's inventory increased by NT$82 Mil from Dec. 2022 to Dec. 2023 .

We Can Medicines Co's Total Inventories for the quarter that ended in Sep. 2024 was NT$852 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. We Can Medicines Co's Days Inventory for the quarter that ended in Sep. 2024 was 144.53.

Inventory Turnover measures how fast the company turns over its inventory within a year. We Can Medicines Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.63.

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. We Can Medicines Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.06.

We Can Medicines Co Change In Inventory Historical Data

The historical data trend for We Can Medicines 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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We Can Medicines Co Change In Inventory Chart

We Can Medicines Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-31.69

-54.09

-106.48

-82.01

We Can Medicines Co Quarterly Data
	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Inventory	Get a 7-Day Free Trial								-7.88	-2.60	-49.74	-42.42	16.71

We Can Medicines 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$-78 Mil.

We Can Medicines Co (ROCO:6929) Change In Inventory Explanation

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

We Can Medicines 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
	=	860.6335	/	543.376	*	365 / 4
	=	144.53

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

We Can Medicines Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	543.376	/	860.6335
	=	0.63

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.

We Can Medicines Co's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	860.6335	/	812.587
	=	1.06

We Can Medicines Co Change In Inventory Related Terms

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We Can Medicines Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » We Can Medicines Co Ltd (ROCO:6929) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Section 4, Taiwan Avenue, 20th Floor-1, No. 925, Xitun District, Taichung, TWN

Website

http://www.yourchance.com.tw

We Can Medicines Co Ltd is a Taiwan-based company mainly engaged in the operation of chain cosmeceutical drugstores. The Company's main products include pharmaceuticals and health food, maternity and infant products, medical supplies, beauty cosmetics, and daily necessities.

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