Ligitek Electronics Co (ROCO:8111) Change In Inventory : NT$37.4 Mil (TTM As of Mar. 2024)

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What is Ligitek Electronics Co Change In Inventory?

Ligitek Electronics Co's change in inventory for the quarter that ended in Mar. 2024 was NT$10.3 Mil. It means Ligitek Electronics Co's inventory declined by NT$10.3 Mil from Dec. 2023 to Mar. 2024 .

Ligitek Electronics Co's change in inventory for the fiscal year that ended in Dec. 2023 was NT$55.3 Mil. It means Ligitek Electronics Co's inventory declined by NT$55.3 Mil from Dec. 2022 to Dec. 2023 .

Ligitek Electronics Co's Total Inventories for the quarter that ended in Mar. 2024 was NT$112.7 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ligitek Electronics Co's Days Inventory for the quarter that ended in Mar. 2024 was 76.78.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ligitek Electronics Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.19.

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. Ligitek Electronics Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.63.

Ligitek Electronics Co Change In Inventory Historical Data

The historical data trend for Ligitek Electronics 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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Ligitek Electronics Co Change In Inventory Chart

Ligitek Electronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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24.52

-41.21

-51.29

41.65

55.25

Ligitek Electronics Co 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															28.14	4.19	15.98	6.94	10.33

Ligitek Electronics 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$37.4 Mil.

Ligitek Electronics Co (ROCO:8111) Change In Inventory Explanation

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

Ligitek Electronics 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
	=	117.879	/	140.094	*	365 / 4
	=	76.78

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	140.094	/	117.879
	=	1.19

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	117.879	/	186.17
	=	0.63

Ligitek Electronics Co Change In Inventory Related Terms

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Ligitek Electronics Co (ROCO:8111) Business Description

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Traded in Other Exchanges

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Address

No.238, Bo-Ai Street, Shulin District, New Taipei, TWN

Website

https://www.ligitek.com

Ligitek Electronics Co Ltd engages in manufacturing, processing and trading of various electronic components like Light Emitting Diodes, monitors, along with import/export trading, agent, distribution, bidding and quotation businesses of the above related products and raw materials. It offers LED components, LED backlights and displays and light bars, leads, PCBs and reflectors for SMD; and automotive, invisible, super bright and special LEDs. The geographical markets of the group are Taiwan, Americas, Europe, Asia and Others.

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