Fortune Electric Co (TPE:1519) Change In Inventory : NT$-1,368 Mil (TTM As of Mar. 2024)

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What is Fortune Electric Co Change In Inventory?

Fortune Electric Co's change in inventory for the quarter that ended in Mar. 2024 was NT$-1,046 Mil. It means Fortune Electric Co's inventory increased by NT$1,046 Mil from Dec. 2023 to Mar. 2024 .

Fortune Electric Co's change in inventory for the fiscal year that ended in Dec. 2023 was NT$-1,269 Mil. It means Fortune Electric Co's inventory increased by NT$1,269 Mil from Dec. 2022 to Dec. 2023 .

Fortune Electric Co's Total Inventories for the quarter that ended in Mar. 2024 was NT$6,477 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fortune Electric Co's Days Inventory for the quarter that ended in Mar. 2024 was 272.48.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fortune Electric Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.33.

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. Fortune Electric Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.96.

Fortune Electric Co Change In Inventory Historical Data

The historical data trend for Fortune Electric 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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Fortune Electric Co Change In Inventory Chart

Fortune Electric Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-450.46

102.93

-342.53

-1,509.05

-1,268.55

Fortune Electric 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															-946.54	-72.02	-491.08	241.08	-1,046.00

Fortune Electric 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$-1,368 Mil.

Fortune Electric Co (TPE:1519) Change In Inventory Explanation

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

Fortune Electric 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
	=	5959.097	/	1995.649	*	365 / 4
	=	272.48

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1995.649	/	5959.097
	=	0.33

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	5959.097	/	3037.501
	=	1.96

Fortune Electric Co Change In Inventory Related Terms

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Fortune Electric Co (TPE:1519) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Fortune Electric Co Ltd (TPE:1519) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

No. 10, Jilin Road, Zhongli District, Taoyuan, TWN, 32063

Website

https://www.fortune.com.tw

Fortune Electric Co Ltd is engaged in manufactures, processes, and trades of transformers, distribution panels, low voltage switches, and substation equipment. The company's operating segment includes Electrical and Mechanical Department and Turnkey Department. It generates maximum revenue from the Electrical and Mechanical department segment. The company's products include cast resin transformer, amorphous metal alloy core transformer, power transformer, distribution transformer, metal-clad switchgear, GIS, switchgear panel, motor control center, gas switch, and transmission and distribution apparatus.

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