GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Cheng Mei Materials Technology Corp (TPE:4960) » Definitions » Change In Inventory

Cheng Mei Materials Technology (TPE:4960) Change In Inventory : NT$-331 Mil (TTM As of Sep. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Cheng Mei Materials Technology Change In Inventory?

Cheng Mei Materials Technology's change in inventory for the quarter that ended in Sep. 2024 was NT$-35 Mil. It means Cheng Mei Materials Technology's inventory increased by NT$35 Mil from Jun. 2024 to Sep. 2024 .

Cheng Mei Materials Technology's change in inventory for the fiscal year that ended in Dec. 2023 was NT$-186 Mil. It means Cheng Mei Materials Technology's inventory increased by NT$186 Mil from Dec. 2022 to Dec. 2023 .

Cheng Mei Materials Technology's Total Inventories for the quarter that ended in Sep. 2024 was NT$2,985 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cheng Mei Materials Technology's Days Inventory for the quarter that ended in Sep. 2024 was 124.96.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cheng Mei Materials Technology's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.73.

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. Cheng Mei Materials Technology's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.27.


Cheng Mei Materials Technology Change In Inventory Historical Data

The historical data trend for Cheng Mei Materials 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.

* Premium members only.

Cheng Mei Materials Technology Change In Inventory Chart

Cheng Mei Materials Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 658.09 -405.28 73.96 -32.40 -186.20

Cheng Mei Materials Technology Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 45.26 3.40 -57.29 -242.69 -34.81

Cheng Mei Materials 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-331 Mil.

* 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.


Cheng Mei Materials Technology  (TPE:4960) Change In Inventory Explanation

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

Cheng Mei Materials 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
=2967.122/2166.683*365 / 4
=124.96

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

Cheng Mei Materials Technology's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

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.

Cheng Mei Materials Technology's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

* 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.


Cheng Mei Materials Technology Change In Inventory Related Terms

Thank you for viewing the detailed overview of Cheng Mei Materials Technology's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Cheng Mei Materials Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 13, Muzhagang West Road, Shanhua District, Tainan City, TWN, 741
Cheng Mei Materials Technology Corp is specialized in polarizer manufacturing, production, research and development, and processing of optoelectronic products. The operation area and reportable segments of the company include Taiwan and Mainland China, out of which it derives maximum revenue from Taiwan.

Cheng Mei Materials Technology Headlines

No Headlines