Drewloong Precision (TPE:4572) Change In Inventory : NT$-58.6 Mil (TTM As of Mar. 2024)

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What is Drewloong Precision Change In Inventory?

Drewloong Precision's change in inventory for the quarter that ended in Mar. 2024 was NT$-19.1 Mil. It means Drewloong Precision's inventory increased by NT$19.1 Mil from Dec. 2023 to Mar. 2024 .

Drewloong Precision's change in inventory for the fiscal year that ended in Dec. 2023 was NT$-27.9 Mil. It means Drewloong Precision's inventory increased by NT$27.9 Mil from Dec. 2022 to Dec. 2023 .

Drewloong Precision's Total Inventories for the quarter that ended in Mar. 2024 was NT$432.2 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Drewloong Precision's Days Inventory for the quarter that ended in Mar. 2024 was 327.43.

Inventory Turnover measures how fast the company turns over its inventory within a year. Drewloong Precision's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.28.

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. Drewloong Precision's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.82.

Drewloong Precision Change In Inventory Historical Data

The historical data trend for Drewloong Precision'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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Drewloong Precision Change In Inventory Chart

Drewloong Precision Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-57.32

-6.96

31.40

-99.64

-27.91

Drewloong Precision 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															11.62	-2.50	-18.60	-18.44	-19.12

Drewloong Precision 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$-58.6 Mil.

Drewloong Precision (TPE:4572) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	422.6435	/	117.784	*	365 / 4
	=	327.43

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	117.784	/	422.6435
	=	0.28

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	422.6435	/	231.689
	=	1.82

Drewloong Precision Change In Inventory Related Terms

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Drewloong Precision (TPE:4572) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Drewloong Precision Inc (TPE:4572) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

166 Bade 2nd Road, Renwu District, Kaohsiung, TWN, 814

Website

http://www.drewloong.com.tw

Drewloong Precision Inc is a Taiwan-based company that engages in the provision of precision parts and components internationally. It provides engineering and fabrication services of precision tooling, machined, sheet metal components, surface treatment, and assemblies for aerospace, electronics, automotive, industrial, and other high-tech industries. The company is involved in the fabrication of precision machined components for aerospace, shipbuilding, and industrial applications. Its product and service include fuselages, wings, stabilizers, aircraft sheet metal parts, and other products.

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