Ritek (TPE:2349) Change In Inventory : NT$-93 Mil (TTM As of Dec. 2024)

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What is Ritek Change In Inventory?

Ritek's change in inventory for the quarter that ended in Dec. 2024 was NT$-57 Mil. It means Ritek's inventory increased by NT$57 Mil from Sep. 2024 to Dec. 2024 .

Ritek's change in inventory for the fiscal year that ended in Dec. 2024 was NT$-93 Mil. It means Ritek's inventory increased by NT$93 Mil from Dec. 2023 to Dec. 2024 .

Ritek's Total Inventories for the quarter that ended in Dec. 2024 was NT$1,582 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ritek's Days Inventory for the quarter that ended in Dec. 2024 was 108.67.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ritek's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.84.

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. Ritek's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.94.

Ritek Change In Inventory Historical Data

The historical data trend for Ritek'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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Ritek Change In Inventory Chart

Ritek Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

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Dec20

Dec21

Dec22

Dec23

Dec24

Change In Inventory

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729.58

-84.67

-106.56

445.66

-92.73

Ritek Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Change In Inventory	Get a 7-Day Free Trial															-6.75	-22.08	-14.89	1.41	-57.17

Ritek 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-93 Mil.

Ritek (TPE:2349) Change In Inventory Explanation

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

Ritek's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1553.6765	/	1304.633	*	365 / 4
	=	108.67

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

Ritek's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1304.633	/	1553.6765
	=	0.84

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.

Ritek's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1553.6765	/	1647.726
	=	0.94

Ritek Change In Inventory Related Terms

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Ritek Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ritek Corp (TPE:2349) » Definitions » Change In Inventory

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Address

No. 42, Kuangfu North Road, Hsinchu Industrial Park, Hukou Township, Hsinchu Country, Hsinchu, TWN, 30351

Website

https://www.ritek.com

Ritek Corp is a Taiwan-based company engaged in the manufacturing and processing of optical information products and memory products and related equipment (including peripheral products), as well as trading and import and export of materials under RIDATA, Traxdata, Arita, Imation, and other brands. Its reportable segments are; Storage media, OLED, and others. The majority of the company's revenue is generated from the Storage media segment which is engaged in the manufacturing, processing, and sales of optical discs and memory cards. Geographically, its key revenue is derived from Taiwan and the rest from Asia (excluding Taiwan), America, Europe, Africa, and other countries.

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