Great Novel Therapeutics Biotech & Medicals (ROCO:7427) Change In Inventory : NT$0.00 Mil (TTM As of Dec. 2023)

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What is Great Novel Therapeutics Biotech & Medicals Change In Inventory?

Great Novel Therapeutics Biotech & Medicals's change in inventory for the quarter that ended in Dec. 2023 was NT$0.00 Mil. It means Great Novel Therapeutics Biotech & Medicals's inventory stayed the same from Jun. 2023 to Dec. 2023 .

Great Novel Therapeutics Biotech & Medicals's change in inventory for the fiscal year that ended in Dec. 2023 was NT$-6.16 Mil. It means Great Novel Therapeutics Biotech & Medicals's inventory increased by NT$6.16 Mil from Dec. 2022 to Dec. 2023 .

Great Novel Therapeutics Biotech & Medicals's Total Inventories for the quarter that ended in Dec. 2023 was NT$6.16 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Great Novel Therapeutics Biotech & Medicals's Days Inventory for the quarter that ended in Dec. 2023 was 251.54.

Inventory Turnover measures how fast the company turns over its inventory within a year. Great Novel Therapeutics Biotech & Medicals's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.73.

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. Great Novel Therapeutics Biotech & Medicals's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 35.01.

Great Novel Therapeutics Biotech & Medicals Change In Inventory Historical Data

The historical data trend for Great Novel Therapeutics Biotech & Medicals'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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Great Novel Therapeutics Biotech & Medicals Change In Inventory Chart

Great Novel Therapeutics Biotech & Medicals Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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0.02

-6.16

Great Novel Therapeutics Biotech & Medicals Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial					-	-	-	-	-

Great Novel Therapeutics Biotech & Medicals 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was NT$0.00 Mil.

Great Novel Therapeutics Biotech & Medicals (ROCO:7427) Change In Inventory Explanation

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

Great Novel Therapeutics Biotech & Medicals's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	3.0805	/	2.235	*	365 / 2
	=	251.54

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

Great Novel Therapeutics Biotech & Medicals's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.235	/	3.0805
	=	0.73

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.

Great Novel Therapeutics Biotech & Medicals's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3.0805	/	0.088
	=	35.01

Great Novel Therapeutics Biotech & Medicals Change In Inventory Related Terms

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Great Novel Therapeutics Biotech & Medicals (ROCO:7427) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Great Novel Therapeutics Biotech & Medicals (ROCO:7427) » Definitions » Change In Inventory

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Address

No.3, Park Street, Room WR-06, 17th Floor, Nangang District, Taipei, TWN, 11503

Website

http://www.gntbm.com.tw

Great Novel Therapeutics Biotech & Medicals focuses on drug development to treat advanced cancer. The new drugs ranging from epigenetic modulators, a combination of tumor microenvironment-regulating agents, epigenetic immuno-modulators, to the protein degradation drugs targeting HDACs 1, 2, and 3, are in a developing pipeline. These drugs focus on the field of epigenetics, for the demand of clinical unmet needs in advanced and refractory cancers.

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