Nien Made Enterprise Co (TPE:8464) Change In Inventory : NT$1,174 Mil (TTM As of Mar. 2024)

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What is Nien Made Enterprise Co Change In Inventory?

Nien Made Enterprise Co's change in inventory for the quarter that ended in Mar. 2024 was NT$10 Mil. It means Nien Made Enterprise Co's inventory declined by NT$10 Mil from Dec. 2023 to Mar. 2024 .

Nien Made Enterprise Co's change in inventory for the fiscal year that ended in Dec. 2023 was NT$1,597 Mil. It means Nien Made Enterprise Co's inventory declined by NT$1,597 Mil from Dec. 2022 to Dec. 2023 .

Nien Made Enterprise Co's Total Inventories for the quarter that ended in Mar. 2024 was NT$4,200 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nien Made Enterprise Co's Days Inventory for the quarter that ended in Mar. 2024 was 130.65.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nien Made Enterprise Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.70.

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. Nien Made Enterprise Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.66.

Nien Made Enterprise Co Change In Inventory Historical Data

The historical data trend for Nien Made Enterprise 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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Nien Made Enterprise Co Change In Inventory Chart

Nien Made Enterprise Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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103.50

-487.61

-977.82

-660.84

1,597.13

Nien Made Enterprise Co 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															432.75	637.66	543.07	-16.34	9.67

Nien Made Enterprise 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$1,174 Mil.

Nien Made Enterprise Co (TPE:8464) Change In Inventory Explanation

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

Nien Made Enterprise 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
	=	4151.975	/	2899.822	*	365 / 4
	=	130.65

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

Nien Made Enterprise Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2899.822	/	4151.975
	=	0.70

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.

Nien Made Enterprise Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4151.975	/	6312.589
	=	0.66

Nien Made Enterprise Co Change In Inventory Related Terms

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Nien Made Enterprise Co (TPE:8464) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Nien Made Enterprise Co Ltd (TPE:8464) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

No. 1 , 23rd Floor, No. 98 , Chengbei Shizheng N. 7th Road, Xitun District, Taichung, TWN

Website

https://www.nienmade.com.tw

Nien Made Enterprise Co Ltd is a Taiwan-based company principally engaged in the business of home furnishings. The company manufactures and distributes curtains and window blinds. The product range consists of interior and exterior shutters, faux wood blinds, vinyl blinds, wood blinds, roll-up shades, and cellular shades. The company operates in two reportable segments that are window coverings and other, out of which the majority of revenue is generated by sales of window coverings.

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