Hsin Kuang Steel Co (TPE:2031) Change In Inventory : NT$-711 Mil (TTM As of Mar. 2024)

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What is Hsin Kuang Steel Co Change In Inventory?

Hsin Kuang Steel Co's change in inventory for the quarter that ended in Mar. 2024 was NT$-297 Mil. It means Hsin Kuang Steel Co's inventory increased by NT$297 Mil from Dec. 2023 to Mar. 2024 .

Hsin Kuang Steel Co's change in inventory for the fiscal year that ended in Dec. 2023 was NT$-797 Mil. It means Hsin Kuang Steel Co's inventory increased by NT$797 Mil from Dec. 2022 to Dec. 2023 .

Hsin Kuang Steel Co's Total Inventories for the quarter that ended in Mar. 2024 was NT$6,487 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hsin Kuang Steel Co's Days Inventory for the quarter that ended in Mar. 2024 was 185.69.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hsin Kuang Steel Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.49.

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. Hsin Kuang Steel Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.82.

Hsin Kuang Steel Co Change In Inventory Historical Data

The historical data trend for Hsin Kuang 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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Hsin Kuang Steel Co Change In Inventory Chart

Hsin Kuang Steel Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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636.32

-314.39

-2,082.63

1,112.15

-797.13

Hsin Kuang 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															-383.19	-332.84	-283.06	201.96	-296.91

Hsin Kuang 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$-711 Mil.

Hsin Kuang Steel Co (TPE:2031) Change In Inventory Explanation

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

Hsin Kuang 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
	=	6322.269	/	3106.881	*	365 / 4
	=	185.69

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

Hsin Kuang 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
	=	3106.881	/	6322.269
	=	0.49

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6322.269	/	3466.167
	=	1.82

Hsin Kuang Steel Co Change In Inventory Related Terms

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Hsin Kuang Steel Co (TPE:2031) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Hsin Kuang Steel Co Ltd (TPE:2031) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

25th Floor, 97 Chongming Road, Section 4, Sanchong District, New Taipei City, TWN

Website

https://www.hkssteel.com.tw

Hsin Kuang Steel Co Ltd manufactures and sells steel products. The business activities of the group include cutting, stamping, and sale of steel products, including steel coils, steel plates, stainless steel, alloy steel and special steel. Geographically, the business activities are carried out across Taiwan.

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