Promise Technology (TPE:3057) Change In Inventory : NT$80.6 Mil (TTM As of Dec. 2024)

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What is Promise Technology Change In Inventory?

Promise Technology's change in inventory for the quarter that ended in Dec. 2024 was NT$6.5 Mil. It means Promise Technology's inventory declined by NT$6.5 Mil from Sep. 2024 to Dec. 2024 .

Promise Technology's change in inventory for the fiscal year that ended in Dec. 2024 was NT$80.6 Mil. It means Promise Technology's inventory declined by NT$80.6 Mil from Dec. 2023 to Dec. 2024 .

Promise Technology's Total Inventories for the quarter that ended in Dec. 2024 was NT$326.5 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Promise Technology's Days Inventory for the quarter that ended in Dec. 2024 was 301.32.

Inventory Turnover measures how fast the company turns over its inventory within a year. Promise Technology's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.30.

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. Promise Technology's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 2.15.

Promise Technology Change In Inventory Historical Data

The historical data trend for Promise 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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Promise Technology Change In Inventory Chart

Promise Technology Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

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Dec20

Dec21

Dec22

Dec23

Dec24

Change In Inventory

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146.62

-5.53

-15.45

1.48

80.59

Promise Technology 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															7.12	7.94	35.02	31.17	6.45

Promise 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$80.6 Mil.

Promise Technology (TPE:3057) Change In Inventory Explanation

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

Promise 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
	=	331.4055	/	100.362	*	365 / 4
	=	301.32

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	100.362	/	331.4055
	=	0.30

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	331.4055	/	153.823
	=	2.15

Promise Technology Change In Inventory Related Terms

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Promise Technology Business Description

Industry

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Address

No. 30, Industrial East 9th Road, 2nd Floor, Hsinchu Science Park, Hsinchu County, Hsinchu, TWN, 300096

Website

https://www.promise.com

Promise Technology Inc is a developer of open storage platforms, designed for the data centre, surveillance, cloud, and rich media markets. Its product portfolio comprises VTrak, Vess, Pegasus, and SANlink. In addition, the company offers solutions, including consumer/IoT, rich media, cloud, surveillance, and IT solutions, as well as professional services comprising warranties, onsite hardware replacement, training, and installation services. It offers computer storage equipment high -performance control cards and systems, computer high-performance network and graphics systems, multimedia software, and hardware kits and systems, and Products related to computer and telephone integration technology.

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