Zig Sheng Industrial Co (TPE:1455) Change In Inventory : NT$-381 Mil (TTM As of Sep. 2024)

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What is Zig Sheng Industrial Co Change In Inventory?

Zig Sheng Industrial Co's change in inventory for the quarter that ended in Sep. 2024 was NT$135 Mil. It means Zig Sheng Industrial Co's inventory declined by NT$135 Mil from Jun. 2024 to Sep. 2024 .

Zig Sheng Industrial Co's change in inventory for the fiscal year that ended in Dec. 2023 was NT$28 Mil. It means Zig Sheng Industrial Co's inventory declined by NT$28 Mil from Dec. 2022 to Dec. 2023 .

Zig Sheng Industrial Co's Total Inventories for the quarter that ended in Sep. 2024 was NT$2,076 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zig Sheng Industrial Co's Days Inventory for the quarter that ended in Sep. 2024 was 82.41.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zig Sheng Industrial Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.11.

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. Zig Sheng Industrial Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.90.

Zig Sheng Industrial Co Change In Inventory Historical Data

The historical data trend for Zig Sheng Industrial 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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Zig Sheng Industrial Co Change In Inventory Chart

Zig Sheng Industrial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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730.27

567.85

-1,178.96

351.53

27.91

Zig Sheng Industrial Co Quarterly Data
	Dec19	Mar20	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															362.61	-167.21	-305.31	-43.13	135.08

Zig Sheng Industrial 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$-381 Mil.

Zig Sheng Industrial Co (TPE:1455) Change In Inventory Explanation

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

Zig Sheng Industrial 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
	=	2126.986	/	2355.067	*	365 / 4
	=	82.41

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

Zig Sheng Industrial Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2355.067	/	2126.986
	=	1.11

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.

Zig Sheng Industrial Co's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2126.986	/	2376.028
	=	0.90

Zig Sheng Industrial Co Change In Inventory Related Terms

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Zig Sheng Industrial Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Zig Sheng Industrial Co Ltd (TPE:1455) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 70, Sining North Road, 2nd Floor, Datong District, Taipei, TWN

Website

http://www.zigsheng.com

Zig Sheng Industrial Co Ltd is a Taiwan-based company principally engaged in the spinning, weaving, dyeing/finishing, printing, processing, and trading of various filaments, artificial cotton, and nylon. It offers Textured yarns, Polyester yarn Nylon filaments, and Nylon chips products. The textured yarns products include function yarns, high stretch yarns, nylon yarns, multifilament, and fancy yarns, among others. Its nylon filament products include fine filament yarns, polyester pre-oriented yarns, oxford yarns, and industrial yarns. The nylon chip products include spinning grade nylon chips and engineering plastic grade nylon chips.

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