Hon Hai Precision Industry Co (TPE:2317) Change In Inventory : NT$201,692 Mil (TTM As of Dec. 2023)

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What is Hon Hai Precision Industry Co Change In Inventory?

Hon Hai Precision Industry Co's change in inventory for the quarter that ended in Dec. 2023 was NT$25,771 Mil. It means Hon Hai Precision Industry Co's inventory declined by NT$25,771 Mil from Sep. 2023 to Dec. 2023 .

Hon Hai Precision Industry Co's change in inventory for the fiscal year that ended in Dec. 2023 was NT$201,692 Mil. It means Hon Hai Precision Industry Co's inventory declined by NT$201,692 Mil from Dec. 2022 to Dec. 2023 .

Hon Hai Precision Industry Co's Total Inventories for the quarter that ended in Dec. 2023 was NT$730,765 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hon Hai Precision Industry Co's Days Inventory for the quarter that ended in Dec. 2023 was 39.44.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hon Hai Precision Industry Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.31.

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. Hon Hai Precision Industry Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.41.

Hon Hai Precision Industry Co Change In Inventory Historical Data

The historical data trend for Hon Hai Precision 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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Hon Hai Precision Industry Co Change In Inventory Chart

Hon Hai Precision Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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110,599.95

-66,341.56

-92,416.77

-251,589.20

201,691.85

Hon Hai Precision Industry Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-72,714.79	129,266.50	40,491.76	6,162.93	25,770.66

Hon Hai Precision 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$201,692 Mil.

Hon Hai Precision Industry Co (TPE:2317) Change In Inventory Explanation

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

Hon Hai Precision 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
	=	751529.1555	/	1738789.844	*	365 / 4
	=	39.44

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

Hon Hai Precision Industry Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1738789.844	/	751529.1555
	=	2.31

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.

Hon Hai Precision Industry Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	751529.1555	/	1852072.177
	=	0.41

Hon Hai Precision Industry Co Change In Inventory Related Terms

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Hon Hai Precision Industry Co (TPE:2317) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hon Hai Precision Industry Co Ltd (TPE:2317) » Definitions » Change In Inventory

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Traded in Other Exchanges

HNHPF:USA HHPDl:UK HHPD:UK HHP2:Germany

Address

No.2, Zihyou Street, Tucheng District, New Taipei, TWN, 236

Website

https://www.foxconn.com

Hon Hai Precision is the world's largest contract manufacturer of consumer electronics, communications, and computer products. It is the biggest supplier to Apple, whose business accounted for 55% of overall revenue in 2022. Hon Hai is also involved in the production of upstream components such as electronic connectors, semiconductor packaging, and metal casings for smartphones. These upstream activities are mainly conducted through its listed majority-owned subsidiaries Foxconn Industrial Internet and FIH Mobile. In response to its traditional end markets of computers, smartphones, and telecom equipment maturing in 2019 it started on a strategy to develop expertise in three new growth areas—electric vehicles, digital health, and robotics.

Hon Hai Precision Industry Co (TPE:2317) Headlines

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