Tex Year Industries Co (TPE:4720) Change In Inventory : NT$87 Mil (TTM As of Mar. 2024)

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What is Tex Year Industries Co Change In Inventory?

Tex Year Industries Co's change in inventory for the quarter that ended in Mar. 2024 was NT$-3 Mil. It means Tex Year Industries Co's inventory increased by NT$3 Mil from Sep. 2023 to Mar. 2024 .

Tex Year Industries Co's change in inventory for the fiscal year that ended in Dec. 2021 was NT$-153 Mil. It means Tex Year Industries Co's inventory increased by NT$153 Mil from Dec. 2020 to Dec. 2021 .

Tex Year Industries Co's Total Inventories for the quarter that ended in Mar. 2024 was NT$495 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tex Year Industries Co's Days Inventory for the quarter that ended in Mar. 2024 was 70.52.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tex Year Industries Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.29.

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. Tex Year Industries Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.59.

Tex Year Industries Co Change In Inventory Historical Data

The historical data trend for Tex Year Industries Co'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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Tex Year Industries Co Change In Inventory Chart

Tex Year Industries Co Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Change In Inventory

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-70.44

-58.69

-13.48

-95.30

-153.47

Tex Year Industries Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23	Mar24
Change In Inventory	Get a 7-Day Free Trial															88.17	43.56	77.49	12.68	-2.95

Tex Year Industries Co 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$87 Mil.

Tex Year Industries Co (TPE:4720) Change In Inventory Explanation

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

Tex Year Industries Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	506.343	/	655.214	*	365 / 4
	=	70.52

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

Tex Year Industries Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	655.214	/	506.343
	=	1.29

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.

Tex Year Industries Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	506.343	/	861.391
	=	0.59

Tex Year Industries Co Change In Inventory Related Terms

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Tex Year Industries Co (TPE:4720) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Tex Year Industries Co Ltd (TPE:4720) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.9, Wuquan 6th Road, Wugu District, New Taipei, TWN, 248

Website

https://www.texyear.com

Tex Year Industries Co Ltd is the company whose main business items are the manufacturing and trading of glues, adhesives, hot-melt glues, and medical equipment. The company's product pipeline includes hot melt adhesives, dental supplies, visible light curing glue, Infection control, vibration equipment, and others. The company's geographical reporting segments are Taiwan, Asia, Europe, America, and others.

Tex Year Industries Co (TPE:4720) Headlines

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