Gloria Material Technology (ROCO:5009) Change In Inventory : NT$12 Mil (TTM As of Mar. 2024)

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What is Gloria Material Technology Change In Inventory?

Gloria Material Technology's change in inventory for the quarter that ended in Mar. 2024 was NT$90 Mil. It means Gloria Material Technology's inventory declined by NT$90 Mil from Sep. 2023 to Mar. 2024 .

Gloria Material Technology's change in inventory for the fiscal year that ended in Dec. 2022 was NT$-1,109 Mil. It means Gloria Material Technology's inventory increased by NT$1,109 Mil from Dec. 2021 to Dec. 2022 .

Gloria Material Technology's Total Inventories for the quarter that ended in Mar. 2024 was NT$6,400 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gloria Material Technology's Days Inventory for the quarter that ended in Mar. 2024 was 240.50.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gloria Material Technology's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.38.

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. Gloria Material Technology's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.92.

Gloria Material Technology Change In Inventory Historical Data

The historical data trend for Gloria Material 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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Gloria Material Technology Change In Inventory Chart

Gloria Material Technology Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Inventory

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-473.79

159.34

182.40

-1,708.90

-1,109.23

Gloria Material Technology Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-426.05	-299.74	40.30	-118.47	89.80

Gloria Material 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$12 Mil.

Gloria Material Technology (ROCO:5009) Change In Inventory Explanation

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

Gloria Material 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
	=	6561.405	/	2489.478	*	365 / 4
	=	240.50

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

Gloria Material Technology's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2489.478	/	6561.405
	=	0.38

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.

Gloria Material Technology's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6561.405	/	3413.139
	=	1.92

Gloria Material Technology Change In Inventory Related Terms

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Gloria Material Technology (ROCO:5009) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Gloria Material Technology Corp (ROCO:5009) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 35 Xinzhong Road, Xinying District, Tainan, TWN

Website

https://www.gmtc.com.tw

Gloria Material Technology Corp is mainly engaged in the production and sale of special steel, carbon steel, alloy steel, super alloy and smelting of the raw materials of these products. GMTC provides various quality materials at such as Superalloy, Titanium Alloy, High Speed Steel, Tool Steel, Stainless Steel, various ESR, VAR materials and Quenched-Tempered Steel and has various steel grades. Its product shapes are focused on Round bars and Square bars. The company's products include cold work tool steel, hot work tool steel, and carbon tool steel.

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