China Steel Chemical (TPE:1723) Change In Inventory : NT$-107 Mil (TTM As of Mar. 2024)

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What is China Steel Chemical Change In Inventory?

China Steel Chemical's change in inventory for the quarter that ended in Mar. 2024 was NT$-123 Mil. It means China Steel Chemical's inventory increased by NT$123 Mil from Dec. 2023 to Mar. 2024 .

China Steel Chemical's change in inventory for the fiscal year that ended in Dec. 2023 was NT$-99 Mil. It means China Steel Chemical's inventory increased by NT$99 Mil from Dec. 2022 to Dec. 2023 .

China Steel Chemical's Total Inventories for the quarter that ended in Mar. 2024 was NT$1,251 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Steel Chemical's Days Inventory for the quarter that ended in Mar. 2024 was 82.27.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Steel Chemical's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.11.

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. China Steel Chemical's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.69.

China Steel Chemical Change In Inventory Historical Data

The historical data trend for China Steel 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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China Steel Chemical Change In Inventory Chart

China Steel Chemical Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-229.13

-166.70

-35.34

13.29

-99.49

China Steel 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															-115.53	93.98	-84.95	7.02	-123.11

China Steel 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$-107 Mil.

China Steel Chemical (TPE:1723) Change In Inventory Explanation

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

China Steel 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
	=	1189.0405	/	1318.764	*	365 / 4
	=	82.27

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1318.764	/	1189.0405
	=	1.11

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1189.0405	/	1729.241
	=	0.69

China Steel Chemical Change In Inventory Related Terms

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China Steel Chemical (TPE:1723) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » China Steel Chemical Corp (TPE:1723) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 88, Chengong 2nd Road, 25th Floor, Qianzhen District, Kaohsiung, TWN

Website

https://www.cscc.com.tw

China Steel Chemical Corp is engaged in the production, processing, and sales of coal tar distillation products, Naphtha products, and coke products. Besides, it also trades related upstream and downstream products. The firm operates in three segments. The CSCC/CCSCM segment which derives the majority of revenue engages in the production and marketing of chemical products. EGI/CSCCC segment engages in the trade of chemical products. EWI segment engages in investment holding.

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