Ares International (TPE:2471) Change In Inventory : NT$0.0 Mil (TTM As of Mar. 2024)

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What is Ares International Change In Inventory?

Ares International's change in inventory for the quarter that ended in Mar. 2024 was NT$0.0 Mil. It means Ares International's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Ares International's change in inventory for the fiscal year that ended in Dec. 2023 was NT$0.0 Mil. It means Ares International's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Ares International's Total Inventories for the quarter that ended in Mar. 2024 was NT$0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ares International's Days Inventory for the quarter that ended in Mar. 2024 was 0.00.

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

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. Ares International's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Ares International Change In Inventory Historical Data

The historical data trend for Ares International'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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Ares International Change In Inventory Chart

Ares International Annual Data

Trend

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Change In Inventory

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Ares International 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															-	-	-	-	-

Ares International 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$0.0 Mil.

Ares International (TPE:2471) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	124.874	*	365 / 4
	=	0.00

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	124.874	/	0
	=	N/A

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	165.278
	=	0.00

Ares International Change In Inventory Related Terms

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Ares International (TPE:2471) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ares International Corp (TPE:2471) » Definitions » Change In Inventory

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Traded in Other Exchanges

N/A

Address

Zhongshan North Road, Shuanglian Building-3rd Floor, No. 111, Section 2, Taipei, TWN

Website

https://www.ares.com.tw

Ares International Corp is Taiwan based company. The company is engaged in the design, sales, lease, maintenance and technology consultation of computer equipment, internet and related software, and analysis, design, modification, installment and maintenance of application software. The major geographical regions in which the company operates are Asia, Taiwan, America and Others.

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