Formosan Union Chemical (TPE:1709) Change In Inventory : NT$313 Mil (TTM As of Mar. 2024)

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What is Formosan Union Chemical Change In Inventory?

Formosan Union Chemical's change in inventory for the quarter that ended in Mar. 2024 was NT$-100 Mil. It means Formosan Union Chemical's inventory increased by NT$100 Mil from Dec. 2023 to Mar. 2024 .

Formosan Union Chemical's change in inventory for the fiscal year that ended in Dec. 2023 was NT$741 Mil. It means Formosan Union Chemical's inventory declined by NT$741 Mil from Dec. 2022 to Dec. 2023 .

Formosan Union Chemical's Total Inventories for the quarter that ended in Mar. 2024 was NT$3,274 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Formosan Union Chemical's Days Inventory for the quarter that ended in Mar. 2024 was 132.42.

Inventory Turnover measures how fast the company turns over its inventory within a year. Formosan Union Chemical's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.69.

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. Formosan Union Chemical's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.26.

Formosan Union Chemical Change In Inventory Historical Data

The historical data trend for Formosan Union Chemical'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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Formosan Union Chemical Change In Inventory Chart

Formosan Union Chemical Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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329.26

859.76

-854.84

-738.49

741.48

Formosan Union Chemical 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															328.36	296.79	207.79	-91.46	-100.17

Formosan Union Chemical 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$313 Mil.

Formosan Union Chemical (TPE:1709) Change In Inventory Explanation

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

Formosan Union Chemical's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	3215.238	/	2215.576	*	365 / 4
	=	132.42

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

Formosan Union Chemical's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2215.576	/	3215.238
	=	0.69

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.

Formosan Union Chemical's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3215.238	/	2545.591
	=	1.26

Formosan Union Chemical Change In Inventory Related Terms

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Formosan Union Chemical (TPE:1709) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Formosan Union Chemical Corp (TPE:1709) » Definitions » Change In Inventory

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Traded in Other Exchanges

N/A

Address

No.206, Nanking East Road, 14th Floor, Section 2, Taipei, TWN

Website

http://www.fucc.com.tw

Formosan Union Chemical Corp is a Taiwan-based company principally engaged in the manufacturing, processing, and trading of chemical products. Its key products are alkyl benzene, nonyl phenol, and hydrogenated hydrocarbon resin and its derivatives. The products are mainly used as raw materials for detergents, surfactants rubbers, and plastic anti-oxidant agents, among others.

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