GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Formosa Chemicals & Fibre Corp (TPE:1326) » Definitions » Change In Inventory

Formosa Chemicals & Fibre (TPE:1326) Change In Inventory : NT$4,440 Mil (TTM As of Mar. 2024)


View and export this data going back to 1984. Start your Free Trial

What is Formosa Chemicals & Fibre Change In Inventory?

Formosa Chemicals & Fibre's change in inventory for the quarter that ended in Mar. 2024 was NT$-1,670 Mil. It means Formosa Chemicals & Fibre's inventory increased by NT$1,670 Mil from Dec. 2023 to Mar. 2024 .

Formosa Chemicals & Fibre's change in inventory for the fiscal year that ended in Dec. 2023 was NT$4,184 Mil. It means Formosa Chemicals & Fibre's inventory declined by NT$4,184 Mil from Dec. 2022 to Dec. 2023 .

Formosa Chemicals & Fibre's Total Inventories for the quarter that ended in Mar. 2024 was NT$45,924 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Formosa Chemicals & Fibre's Days Inventory for the quarter that ended in Mar. 2024 was 51.23.

Inventory Turnover measures how fast the company turns over its inventory within a year. Formosa Chemicals & Fibre's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.78.

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. Formosa Chemicals & Fibre's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.54.


Formosa Chemicals & Fibre Change In Inventory Historical Data

The historical data trend for Formosa Chemicals & Fibre'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.

Formosa Chemicals & Fibre Change In Inventory Chart

Formosa Chemicals & Fibre 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 691.55 8,221.46 -14,152.67 -1,231.76 4,183.69

Formosa Chemicals & Fibre 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 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 -1,926.73 4,194.28 1,569.98 346.15 -1,669.94

Formosa Chemicals & Fibre 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$4,440 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.


Formosa Chemicals & Fibre  (TPE:1326) Change In Inventory Explanation

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

Formosa Chemicals & Fibre's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=45088.6735/80312.877*365 / 4
=51.23

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

Formosa Chemicals & Fibre's Inventory Turnover for the quarter that ended in Mar. 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.

Formosa Chemicals & Fibre's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=45088.6735 / 83941.693
=0.54

* 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.


Formosa Chemicals & Fibre Change In Inventory Related Terms

Thank you for viewing the detailed overview of Formosa Chemicals & Fibre's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Formosa Chemicals & Fibre (TPE:1326) Business Description

Traded in Other Exchanges
N/A
Address
Dunhua North Road, Number 201, Songshan District, Taipei, TWN, 105
Formosa Chemicals & Fibre Corp manufactures and sells a variety of chemicals, plastics-based products, and textiles. The Company has eight business divisions, namely First Chemical Division, Petrochemicals Division, Third Chemical Division, Plastics Division, Textile Division, First Fiber Division, Second Fiber Division, and Engineering & Construction Division. The Company's businesses are production and sales of petrochemical products, including PTA, PS, AN, Butadiene, SM polymer, SM, benzene, toluene, pxylene (PX) and o-xylene (OX), as well as nylon fiber, and rayon staple fiber. The Company is also engaged in spinning, weaving, dyeing and finishing.

Formosa Chemicals & Fibre (TPE:1326) Headlines

No Headlines