Cheng Shin Rubber Industry Co (TPE:2105) Change In Inventory : NT$4,531 Mil (TTM As of Mar. 2024)

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What is Cheng Shin Rubber Industry Co Change In Inventory?

Cheng Shin Rubber Industry Co's change in inventory for the quarter that ended in Mar. 2024 was NT$1,232 Mil. It means Cheng Shin Rubber Industry Co's inventory declined by NT$1,232 Mil from Sep. 2023 to Mar. 2024 .

Cheng Shin Rubber Industry Co's change in inventory for the fiscal year that ended in Dec. 2022 was NT$46 Mil. It means Cheng Shin Rubber Industry Co's inventory declined by NT$46 Mil from Dec. 2021 to Dec. 2022 .

Cheng Shin Rubber Industry Co's Total Inventories for the quarter that ended in Mar. 2024 was NT$16,116 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cheng Shin Rubber Industry Co's Days Inventory for the quarter that ended in Mar. 2024 was 83.26.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cheng Shin Rubber Industry Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.10.

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. Cheng Shin Rubber Industry Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.68.

Cheng Shin Rubber Industry Co Change In Inventory Historical Data

The historical data trend for Cheng Shin Rubber Industry 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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Cheng Shin Rubber Industry Co Change In Inventory Chart

Cheng Shin Rubber Industry Co Annual Data

Trend

Dec13

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Dec21

Dec22

Change In Inventory

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-177.89

1,412.36

375.52

-2,421.40

46.01

Cheng Shin Rubber Industry Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-156.73	1,712.96	1,893.35	1,406.06	1,232.03

Cheng Shin Rubber Industry 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$4,531 Mil.

Cheng Shin Rubber Industry Co (TPE:2105) Change In Inventory Explanation

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

Cheng Shin Rubber Industry 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
	=	16126.2525	/	17673.635	*	365 / 4
	=	83.26

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

Cheng Shin Rubber Industry Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	17673.635	/	16126.2525
	=	1.10

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.

Cheng Shin Rubber Industry Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	16126.2525	/	23622.354
	=	0.68

Cheng Shin Rubber Industry Co Change In Inventory Related Terms

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Cheng Shin Rubber Industry Co (TPE:2105) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Cheng Shin Rubber Industry Co Ltd (TPE:2105) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 215, Meigang Road, Dacun Township, Changhua, TWN, 51545

Website

https://www.cst.com.tw

Cheng Shin Rubber Industry Co Ltd makes and sells rubber tires under the CST brand name. The company also sells rubber inner tubes and other rubber products. It includes the Processing, manufacturing, and trading of bicycle tires, electrical vehicle tires, reclaimed rubber, various rubbers, resin, and other rubber products and the manufacturing and trading of various rubber products and relevant rubber machinery. The main sources of sales revenue are from the assembly plants and dealers. Its geographical segments are Taiwan, China, the United States, and Others.

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