Hua Eng Wire & Cable Co (TPE:1608) Change In Inventory : NT$58 Mil (TTM As of Mar. 2024)

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What is Hua Eng Wire & Cable Co Change In Inventory?

Hua Eng Wire & Cable Co's change in inventory for the quarter that ended in Mar. 2024 was NT$-213 Mil. It means Hua Eng Wire & Cable Co's inventory increased by NT$213 Mil from Dec. 2023 to Mar. 2024 .

Hua Eng Wire & Cable Co's change in inventory for the fiscal year that ended in Dec. 2023 was NT$300 Mil. It means Hua Eng Wire & Cable Co's inventory declined by NT$300 Mil from Dec. 2022 to Dec. 2023 .

Hua Eng Wire & Cable Co's Total Inventories for the quarter that ended in Mar. 2024 was NT$4,181 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hua Eng Wire & Cable Co's Days Inventory for the quarter that ended in Mar. 2024 was 151.20.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hua Eng Wire & Cable Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.60.

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. Hua Eng Wire & Cable Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.55.

Hua Eng Wire & Cable Co Change In Inventory Historical Data

The historical data trend for Hua Eng Wire & Cable 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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Hua Eng Wire & Cable Co Change In Inventory Chart

Hua Eng Wire & Cable Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-13.35

-96.15

-932.14

-525.19

299.77

Hua Eng Wire & Cable 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															29.42	42.62	90.66	137.06	-212.55

Hua Eng Wire & Cable 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$58 Mil.

Hua Eng Wire & Cable Co (TPE:1608) Change In Inventory Explanation

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

Hua Eng Wire & Cable 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
	=	4075.107	/	2459.301	*	365 / 4
	=	151.20

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

Hua Eng Wire & Cable Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2459.301	/	4075.107
	=	0.60

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.

Hua Eng Wire & Cable Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4075.107	/	2621.32
	=	1.55

Hua Eng Wire & Cable Co Change In Inventory Related Terms

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Hua Eng Wire & Cable Co (TPE:1608) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hua Eng Wire & Cable Co Ltd (TPE:1608) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

No. 170, Chung Cheng 4th Road, Kaohsiung, TWN

Website

https://www.hegroup.com.tw

Hua Eng Wire & Cable Co Ltd is engaged in the processing, manufacture, sale and construction of wire, cable and copper products. The company has three reportable segments: Wire segment, Cable segment and Copper segment. Wire segment produces products such as oxygen free copper wire; Cable segment produces power cable, communication cable and optical fiber cable; Copper Segment produces copper plate.

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