Wisdom Marine Lines Co (TPE:2637) Change In Inventory : NT$115 Mil (TTM As of Mar. 2024)

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What is Wisdom Marine Lines Co Change In Inventory?

Wisdom Marine Lines Co's change in inventory for the quarter that ended in Mar. 2024 was NT$34 Mil. It means Wisdom Marine Lines Co's inventory declined by NT$34 Mil from Sep. 2023 to Mar. 2024 .

Wisdom Marine Lines Co's change in inventory for the fiscal year that ended in Dec. 2022 was NT$-83 Mil. It means Wisdom Marine Lines Co's inventory increased by NT$83 Mil from Dec. 2021 to Dec. 2022 .

Wisdom Marine Lines Co's Total Inventories for the quarter that ended in Mar. 2024 was NT$85 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wisdom Marine Lines Co's Days Inventory for the quarter that ended in Mar. 2024 was 2.37.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wisdom Marine Lines Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 38.49.

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. Wisdom Marine Lines Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.02.

Wisdom Marine Lines Co Change In Inventory Historical Data

The historical data trend for Wisdom Marine Lines 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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Wisdom Marine Lines Co Change In Inventory Chart

Wisdom Marine Lines Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Inventory

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-10.81

-61.58

-133.88

206.50

-83.19

Wisdom Marine Lines Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Change In Inventory	Get a 7-Day Free Trial															50.24	38.60	0.96	79.85	34.26

Wisdom Marine Lines 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$115 Mil.

Wisdom Marine Lines Co (TPE:2637) Change In Inventory Explanation

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

Wisdom Marine Lines 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
	=	83.962	/	3231.547	*	365 / 4
	=	2.37

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

Wisdom Marine Lines Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3231.547	/	83.962
	=	38.49

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.

Wisdom Marine Lines Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	83.962	/	4730.788
	=	0.02

Wisdom Marine Lines Co Change In Inventory Related Terms

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Wisdom Marine Lines Co (TPE:2637) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Wisdom Marine Lines Co Ltd (TPE:2637) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

Fushing South Road, 7th Floor, No. 237, Section 2, Room 711, Taipei, TWN, 10667

Website

http://www.wisdomlines.com.tw

Wisdom Marine Lines Co Ltd is a transportation and logistics company domiciled in Cayman Island. The company owns, maintains, and operates a fleet of marine transport vessels. Wisdom Marine Lines transports cargo, leases vessels, and provides shipping agency and management services. The company derives its revenue from the following six geographical areas: Japan, the Netherlands, Singapore, Denmark, Germany, and others. The company derives the largest portion of revenue from Singapore followed by Other areas, Japan, the Netherlands, Germany, and Denmark.

Wisdom Marine Lines Co (TPE:2637) Headlines

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