FENG HSIN STEEL CO (TPE:2015) Change In Inventory : NT$-1,593 Mil (TTM As of Mar. 2024)

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What is FENG HSIN STEEL CO Change In Inventory?

FENG HSIN STEEL CO's change in inventory for the quarter that ended in Mar. 2024 was NT$-291 Mil. It means FENG HSIN STEEL CO's inventory increased by NT$291 Mil from Dec. 2023 to Mar. 2024 .

FENG HSIN STEEL CO's change in inventory for the fiscal year that ended in Dec. 2023 was NT$-1,556 Mil. It means FENG HSIN STEEL CO's inventory increased by NT$1,556 Mil from Dec. 2022 to Dec. 2023 .

FENG HSIN STEEL CO's Total Inventories for the quarter that ended in Mar. 2024 was NT$8,077 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. FENG HSIN STEEL CO's Days Inventory for the quarter that ended in Mar. 2024 was 95.63.

Inventory Turnover measures how fast the company turns over its inventory within a year. FENG HSIN STEEL CO's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.95.

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. FENG HSIN STEEL CO's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.93.

FENG HSIN STEEL CO Change In Inventory Historical Data

The historical data trend for FENG HSIN STEEL 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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FENG HSIN STEEL CO Change In Inventory Chart

FENG HSIN STEEL CO Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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2,435.93

1,007.09

-4,084.35

1,165.76

-1,556.24

FENG HSIN STEEL 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															-253.61	-291.64	-500.69	-510.30	-290.55

FENG HSIN STEEL 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$-1,593 Mil.

FENG HSIN STEEL CO (TPE:2015) Change In Inventory Explanation

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

FENG HSIN STEEL 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
	=	7932.113	/	7568.501	*	365 / 4
	=	95.63

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

FENG HSIN STEEL CO's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	7568.501	/	7932.113
	=	0.95

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.

FENG HSIN STEEL CO's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7932.113	/	8496.906
	=	0.93

FENG HSIN STEEL CO Change In Inventory Related Terms

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FENG HSIN STEEL CO (TPE:2015) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » FENG HSIN STEEL CO LTD (TPE:2015) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

No. 998, Jiahou Road, Section 1, Houli district, Taichung, TWN, 421

Website

https://www.fenghsin.com.tw

FENG HSIN STEEL CO LTD is a company that is primarily engaged in the manufacturing and processing of angle irons, steel channels, flat structural frames, and shafts. These products are used in a wide range of applications, including bridge-building, structural uses for power transmission towers, assembling frames for machinery, shipbuilding, oil storage containers, mechanical constructions, woodworking machinery, lock components, machine parts, hand tools, piping components, auto-transmission parts, civil construction, and tunnel construction. The company generates most of its revenue from the Taiwan market.

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