Shiny Chemical Industrial Co (TPE:1773) Change In Inventory : NT$197 Mil (TTM As of Mar. 2024)

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What is Shiny Chemical Industrial Co Change In Inventory?

Shiny Chemical Industrial Co's change in inventory for the quarter that ended in Mar. 2024 was NT$-3 Mil. It means Shiny Chemical Industrial Co's inventory increased by NT$3 Mil from Dec. 2023 to Mar. 2024 .

Shiny Chemical Industrial Co's change in inventory for the fiscal year that ended in Dec. 2023 was NT$313 Mil. It means Shiny Chemical Industrial Co's inventory declined by NT$313 Mil from Dec. 2022 to Dec. 2023 .

Shiny Chemical Industrial Co's Total Inventories for the quarter that ended in Mar. 2024 was NT$1,535 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shiny Chemical Industrial Co's Days Inventory for the quarter that ended in Mar. 2024 was 79.17.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shiny Chemical Industrial Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.15.

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. Shiny Chemical Industrial Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.58.

Shiny Chemical Industrial Co Change In Inventory Historical Data

The historical data trend for Shiny Chemical Industrial 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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Shiny Chemical Industrial Co Change In Inventory Chart

Shiny Chemical Industrial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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82.04

-162.66

-440.30

-410.42

313.08

Shiny Chemical Industrial Co 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															112.59	50.39	17.79	132.31	-3.22

Shiny Chemical Industrial 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 NT$197 Mil.

Shiny Chemical Industrial Co (TPE:1773) Change In Inventory Explanation

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

Shiny Chemical Industrial 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
	=	1533.663	/	1767.675	*	365 / 4
	=	79.17

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

Shiny Chemical Industrial Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1767.675	/	1533.663
	=	1.15

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.

Shiny Chemical Industrial Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1533.663	/	2648.98
	=	0.58

Shiny Chemical Industrial Co Change In Inventory Related Terms

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Shiny Chemical Industrial Co (TPE:1773) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shiny Chemical Industrial Co Ltd (TPE:1773) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5, Yonggong 1st Road, Yongan District, Kaohsiung, TWN, 82841

Website

https://www.shinychem.com.tw

Shiny Chemical Industrial Co Ltd is a Taiwan-based company primarily engaged in the manufacturing and distribution of chemical solvent series products and the trading of raw chemical materials. The company's segment includes Chemical product and Processing. It generates maximum revenue from the Chemical product segment. Geographically, it derives a majority of its revenue from Taiwan.

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