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Evertop Wire Cable (TPE:1616) Change In Inventory : NT$163 Mil (TTM As of Mar. 2024)


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What is Evertop Wire Cable Change In Inventory?

Evertop Wire Cable's change in inventory for the quarter that ended in Mar. 2024 was NT$-21 Mil. It means Evertop Wire Cable's inventory increased by NT$21 Mil from Dec. 2023 to Mar. 2024 .

Evertop Wire Cable's change in inventory for the fiscal year that ended in Dec. 2023 was NT$140 Mil. It means Evertop Wire Cable's inventory declined by NT$140 Mil from Dec. 2022 to Dec. 2023 .

Evertop Wire Cable's Total Inventories for the quarter that ended in Mar. 2024 was NT$1,102 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Evertop Wire Cable's Days Inventory for the quarter that ended in Mar. 2024 was 111.29.

Inventory Turnover measures how fast the company turns over its inventory within a year. Evertop Wire Cable's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.82.

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. Evertop Wire Cable's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.11.


Evertop Wire Cable Change In Inventory Historical Data

The historical data trend for Evertop Wire Cable'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.

* Premium members only.

Evertop Wire Cable Change In Inventory Chart

Evertop Wire Cable Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -45.98 186.41 -213.70 -203.82 139.94

Evertop Wire Cable 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -43.17 115.02 79.13 -11.03 -20.54

Evertop Wire Cable 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$163 Mil.

* 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.


Evertop Wire Cable  (TPE:1616) Change In Inventory Explanation

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

Evertop Wire Cable's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=1116.863/915.764*365 / 4
=111.29

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

Evertop Wire Cable's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

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.

Evertop Wire Cable's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

* 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.


Evertop Wire Cable Change In Inventory Related Terms

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Evertop Wire Cable (TPE:1616) Business Description

Traded in Other Exchanges
N/A
Address
No.1 Lane 91 Ren-Ai Road, Sec. 2, Taipei, TWN
Evertop Wire Cable Corp is engaged in manufacturing of single solid copper wire, stranded copper wire, PVC insulated wires, and PE insulated wires.

Evertop Wire Cable (TPE:1616) Headlines

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