Hiwin Mikrosystem (TPE:4576) Change In Inventory : NT$97 Mil (TTM As of Mar. 2024)

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What is Hiwin Mikrosystem Change In Inventory?

Hiwin Mikrosystem's change in inventory for the quarter that ended in Mar. 2024 was NT$60 Mil. It means Hiwin Mikrosystem's inventory declined by NT$60 Mil from Dec. 2023 to Mar. 2024 .

Hiwin Mikrosystem's change in inventory for the fiscal year that ended in Dec. 2023 was NT$54 Mil. It means Hiwin Mikrosystem's inventory declined by NT$54 Mil from Dec. 2022 to Dec. 2023 .

Hiwin Mikrosystem's Total Inventories for the quarter that ended in Mar. 2024 was NT$992 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hiwin Mikrosystem's Days Inventory for the quarter that ended in Mar. 2024 was 273.97.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hiwin Mikrosystem's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.33.

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. Hiwin Mikrosystem's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.26.

Hiwin Mikrosystem Change In Inventory Historical Data

The historical data trend for Hiwin Mikrosystem'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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Hiwin Mikrosystem Change In Inventory Chart

Hiwin Mikrosystem Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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99.75

-20.27

-220.96

-126.82

53.61

Hiwin Mikrosystem 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															16.34	14.44	-41.85	64.68	59.68

Hiwin Mikrosystem 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$97 Mil.

Hiwin Mikrosystem (TPE:4576) Change In Inventory Explanation

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

Hiwin Mikrosystem's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1023.978	/	341.051	*	365 / 4
	=	273.97

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	341.051	/	1023.978
	=	0.33

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1023.978	/	453.943
	=	2.26

Hiwin Mikrosystem Change In Inventory Related Terms

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Hiwin Mikrosystem (TPE:4576) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hiwin Mikrosystem Corp (TPE:4576) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

No.6, Jingke Central Road, Chuen She Village, Nantun District, Taichung, TWN

Website

https://www.hiwinmikro.com.tw

Hiwin Mikrosystem Corp is engaged in manufactures, repairs and sells a variety of motors, drives and automation systems. Its product offerings include ballscrews, rolled ballscrews, precision linear guideways, rotary motor, single axis motor, among other. Its products can be applied in semiconductor equipment, optical component manufacturing equipment, automation equipment, Medicare and healthcare equipment, rehabilitation equipment, and transportation.

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