Ta Chen Stainless Pipe Co (TPE:2027) Change In Inventory : NT$14,868 Mil (TTM As of Mar. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Ta Chen Stainless Pipe Co Change In Inventory?

Ta Chen Stainless Pipe Co's change in inventory for the quarter that ended in Mar. 2024 was NT$3,182 Mil. It means Ta Chen Stainless Pipe Co's inventory declined by NT$3,182 Mil from Dec. 2023 to Mar. 2024 .

Ta Chen Stainless Pipe Co's change in inventory for the fiscal year that ended in Dec. 2023 was NT$15,966 Mil. It means Ta Chen Stainless Pipe Co's inventory declined by NT$15,966 Mil from Dec. 2022 to Dec. 2023 .

Ta Chen Stainless Pipe Co's Total Inventories for the quarter that ended in Mar. 2024 was NT$55,601 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ta Chen Stainless Pipe Co's Days Inventory for the quarter that ended in Mar. 2024 was 266.09.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ta Chen Stainless Pipe Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.34.

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. Ta Chen Stainless Pipe Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.42.

Ta Chen Stainless Pipe Co Change In Inventory Historical Data

The historical data trend for Ta Chen Stainless Pipe 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.

* Premium members only.

Ta Chen Stainless Pipe Co Change In Inventory Chart

Ta Chen Stainless Pipe Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-7,637.80

2,139.05

-2,005.22

-17,327.39

15,965.93

Ta Chen Stainless Pipe 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															4,280.18	3,050.87	4,988.96	3,645.93	3,182.16

Ta Chen Stainless Pipe 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$14,868 Mil.

Ta Chen Stainless Pipe Co (TPE:2027) Change In Inventory Explanation

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

Ta Chen Stainless Pipe 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
	=	56108.627	/	19241.474	*	365 / 4
	=	266.09

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

Ta Chen Stainless Pipe Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	19241.474	/	56108.627
	=	0.34

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.

Ta Chen Stainless Pipe Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	56108.627	/	23224.8
	=	2.42

Ta Chen Stainless Pipe Co Change In Inventory Related Terms

Thank you for viewing the detailed overview of Ta Chen Stainless Pipe Co's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Ta Chen Stainless Pipe Co (TPE:2027) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ta Chen Stainless Pipe Co Ltd (TPE:2027) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.125 Hsin-Tien 2nd Street, Hsin-Tien, Jeng-Teh, Tainan, TWN

Website

https://www.tachen.com.tw

Ta Chen Stainless Pipe Co Ltd is a Taiwan-based company that is primarily engaged in manufacturing and distributing of stainless steel, fasteners, steel strips, aluminum and nickel alloy coils, sheets, plates, long products, tubes, and PVFs. The company generates most of its sales from stainless steel products and fasteners. The company particularly specializes in manufacturing stainless tube and its accessories, which are used in petrochemical and food industries. Geographically, the company generates almost all of its revenue from the American market, where the company distributes its products through its warehouses in Los Angeles, Chicago, Houston, Atlanta, Florida, Philadelphia, Seattle, and Cleveland.

Ta Chen Stainless Pipe Co (TPE:2027) Headlines

No Headlines