United Nova Technology Co (SHSE:688469) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is United Nova Technology Co Change In Inventory?

United Nova Technology Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0 Mil. It means United Nova Technology Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

United Nova Technology Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-884 Mil. It means United Nova Technology Co's inventory increased by ¥884 Mil from Dec. 2022 to Dec. 2023 .

United Nova Technology Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥1,925 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. United Nova Technology Co's Days Inventory for the quarter that ended in Mar. 2024 was 123.56.

Inventory Turnover measures how fast the company turns over its inventory within a year. United Nova Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.74.

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. United Nova Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.44.

United Nova Technology Co Change In Inventory Historical Data

The historical data trend for United Nova Technology 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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United Nova Technology Co Change In Inventory Chart

United Nova Technology Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-367.44

-782.19

-1,238.28

-913.76

-884.18

United Nova Technology Co Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial								-	-	-	-	-

United Nova Technology 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 ¥0 Mil.

United Nova Technology Co (SHSE:688469) Change In Inventory Explanation

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

United Nova Technology 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
	=	1954.327	/	1443.313	*	365 / 4
	=	123.56

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

United Nova Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1443.313	/	1954.327
	=	0.74

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.

United Nova Technology Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1954.327	/	1352.996
	=	1.44

United Nova Technology Co Change In Inventory Related Terms

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United Nova Technology Co (SHSE:688469) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » United Nova Technology Co Ltd (SHSE:688469) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 518 Linjiang Road, Gaobu Street, Yuecheng District, Zhejiang Province, Shaoxing, CHN, 312000

Website

https://www.smecs.com

United Nova Technology Co Ltd formerly Semiconductor Manufacturing Electronics (Shaoxing) Corp provides foundry services focusing on technology solutions for power, connection and sensor signal chains. On top of wafer foundry service, SMEC also extended its foundry service to module packages in order to support semiconductor companies with a one-stop solution. SMEC provides a complete manufacturing platform to support customer mass production as well as technology development.

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