Evergreen Steel (TPE:2211) Change In Inventory : NT$-1,240 Mil (TTM As of Mar. 2024)

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What is Evergreen Steel Change In Inventory?

Evergreen Steel's change in inventory for the quarter that ended in Mar. 2024 was NT$-247 Mil. It means Evergreen Steel's inventory increased by NT$247 Mil from Dec. 2023 to Mar. 2024 .

Evergreen Steel's change in inventory for the fiscal year that ended in Dec. 2023 was NT$-833 Mil. It means Evergreen Steel's inventory increased by NT$833 Mil from Dec. 2022 to Dec. 2023 .

Evergreen Steel's Total Inventories for the quarter that ended in Mar. 2024 was NT$4,176 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Evergreen Steel's Days Inventory for the quarter that ended in Mar. 2024 was 182.18.

Inventory Turnover measures how fast the company turns over its inventory within a year. Evergreen Steel's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.50.

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. Evergreen Steel's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.42.

Evergreen Steel Change In Inventory Historical Data

The historical data trend for Evergreen Steel'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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Evergreen Steel Change In Inventory Chart

Evergreen Steel Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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182.31

-355.34

-2,155.01

54.56

-833.14

Evergreen Steel 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															160.40	87.34	-129.21	-951.66	-246.54

Evergreen Steel 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$-1,240 Mil.

Evergreen Steel (TPE:2211) Change In Inventory Explanation

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

Evergreen Steel's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	4052.9665	/	2030.05	*	365 / 4
	=	182.18

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2030.05	/	4052.9665
	=	0.50

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4052.9665	/	2849.572
	=	1.42

Evergreen Steel Change In Inventory Related Terms

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Evergreen Steel (TPE:2211) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Evergreen Steel Corp (TPE:2211) » Definitions » Change In Inventory

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Traded in Other Exchanges

N/A

Address

Chang'an East Road, 11th Floor, No. 100, Section 2, Zhongshan District, Taipei, TWN, 104094

Website

http://www.evergreennet.com

Evergreen Steel Corp is engaged in the steel structure engineering business. The company's steel structure engineering business mainly includes engineering projects of factories, tall buildings, and bridges.

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