Success Prime (TPE:2496) Change In Inventory : NT$-1.1 Mil (TTM As of Mar. 2024)

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What is Success Prime Change In Inventory?

Success Prime's change in inventory for the quarter that ended in Mar. 2024 was NT$-0.2 Mil. It means Success Prime's inventory increased by NT$0.2 Mil from Dec. 2023 to Mar. 2024 .

Success Prime's change in inventory for the fiscal year that ended in Dec. 2023 was NT$-1.1 Mil. It means Success Prime's inventory increased by NT$1.1 Mil from Dec. 2022 to Dec. 2023 .

Success Prime's Total Inventories for the quarter that ended in Mar. 2024 was NT$4.1 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Success Prime's Days Inventory for the quarter that ended in Mar. 2024 was 4.18.

Inventory Turnover measures how fast the company turns over its inventory within a year. Success Prime's Inventory Turnover for the quarter that ended in Mar. 2024 was 21.81.

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. Success Prime's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.02.

Success Prime Change In Inventory Historical Data

The historical data trend for Success Prime'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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Success Prime Change In Inventory Chart

Success Prime Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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20.26

-13.81

-0.78

0.53

-1.08

Success Prime 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															-0.23	-0.45	-0.44	0.04	-0.23

Success Prime 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$-1.1 Mil.

Success Prime (TPE:2496) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	3.962	/	86.399	*	365 / 4
	=	4.18

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	86.399	/	3.962
	=	21.81

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3.962	/	190.893
	=	0.02

Success Prime Change In Inventory Related Terms

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Success Prime (TPE:2496) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Success Prime Corp (TPE:2496) » Definitions » Change In Inventory

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N/A

Address

No. 17, Xuchang Street, 15th Floor -1,, Zhongzheng District, Taipei, TWN

Website

https://www.chenliedu2496.com/tw

Success Prime Corp is focused on the management of tutorial academy teachers and curriculum education services. The company earns the maximum of its revenue from educational services and consultancy.

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