Zippy Technology (TPE:2420) Change In Inventory : NT$236 Mil (TTM As of Mar. 2024)

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What is Zippy Technology Change In Inventory?

Zippy Technology's change in inventory for the quarter that ended in Mar. 2024 was NT$34 Mil. It means Zippy Technology's inventory declined by NT$34 Mil from Dec. 2023 to Mar. 2024 .

Zippy Technology's change in inventory for the fiscal year that ended in Dec. 2023 was NT$286 Mil. It means Zippy Technology's inventory declined by NT$286 Mil from Dec. 2022 to Dec. 2023 .

Zippy Technology's Total Inventories for the quarter that ended in Mar. 2024 was NT$569 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zippy Technology's Days Inventory for the quarter that ended in Mar. 2024 was 178.19.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zippy Technology's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.51.

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. Zippy Technology's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.05.

Zippy Technology Change In Inventory Historical Data

The historical data trend for Zippy Technology'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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Zippy Technology Change In Inventory Chart

Zippy Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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138.29

-35.50

-232.24

12.93

286.11

Zippy Technology 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															84.18	82.57	68.04	51.31	34.16

Zippy Technology 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$236 Mil.

Zippy Technology (TPE:2420) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	586.094	/	300.128	*	365 / 4
	=	178.19

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

Zippy Technology's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	300.128	/	586.094
	=	0.51

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.

Zippy Technology's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	586.094	/	558.781
	=	1.05

Zippy Technology Change In Inventory Related Terms

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Zippy Technology (TPE:2420) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zippy Technology Corp (TPE:2420) » Definitions » Change In Inventory

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Traded in Other Exchanges

N/A

Address

No. 50, Minquan Road, 10th Floor, Xindian District, New Taipei, TWN

Website

https://www.zippy.com.tw

Zippy Technology Corp is engaged in the designing, manufacturing and trading of micro switches, power supplies. Its products are widely used in consumer electronics, IT peripherals, communication products, household appliances, medical and industrial products, and automobiles.

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