Arizon RFID Technology (Cayman) Co (TPE:6863) Change In Inventory : NT$-277 Mil (TTM As of Mar. 2024)

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What is Arizon RFID Technology (Cayman) Co Change In Inventory?

Arizon RFID Technology (Cayman) Co's change in inventory for the quarter that ended in Mar. 2024 was NT$-263 Mil. It means Arizon RFID Technology (Cayman) Co's inventory increased by NT$263 Mil from Dec. 2023 to Mar. 2024 .

Arizon RFID Technology (Cayman) Co's change in inventory for the fiscal year that ended in Dec. 2023 was NT$-152 Mil. It means Arizon RFID Technology (Cayman) Co's inventory increased by NT$152 Mil from Dec. 2022 to Dec. 2023 .

Arizon RFID Technology (Cayman) Co's Total Inventories for the quarter that ended in Mar. 2024 was NT$885 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Arizon RFID Technology (Cayman) Co's Days Inventory for the quarter that ended in Mar. 2024 was 116.36.

Inventory Turnover measures how fast the company turns over its inventory within a year. Arizon RFID Technology (Cayman) Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.78.

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. Arizon RFID Technology (Cayman) Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.82.

Arizon RFID Technology (Cayman) Co Change In Inventory Historical Data

The historical data trend for Arizon RFID Technology (Cayman) 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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Arizon RFID Technology (Cayman) Co Change In Inventory Chart

Arizon RFID Technology (Cayman) Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-10.15

-75.47

-188.76

-152.26

Arizon RFID Technology (Cayman) Co Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial							-138.12	-109.48	125.60	-30.27	-263.00

Arizon RFID Technology (Cayman) 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$-277 Mil.

Arizon RFID Technology (Cayman) Co (TPE:6863) Change In Inventory Explanation

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

Arizon RFID Technology (Cayman) 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
	=	738.437	/	579.105	*	365 / 4
	=	116.36

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

Arizon RFID Technology (Cayman) Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	579.105	/	738.437
	=	0.78

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.

Arizon RFID Technology (Cayman) Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	738.437	/	901.118
	=	0.82

Arizon RFID Technology (Cayman) Co Change In Inventory Related Terms

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Arizon RFID Technology (Cayman) Co (TPE:6863) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Arizon RFID Technology (Cayman) Co Ltd (TPE:6863) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

No.88 Wuzhou East Road, Economic Development Zone, Jiangsu Province, Yangzhou, CHN, 225101

Website

https://www.arizontw.com

Arizon RFID Technology (Cayman) Co Ltd engages in the manufacturing of RFID ODM components. The firm offers various products including Antenna, Electronic shelf labels (ESL), RFID Tags, RFID UHF Fixed Readers, and RFID UHF Handheld Readers. The customers can benefit from using finger sized tags in different fields and environments, to accelerate the efficiency of logistics and management, reduce inventory accumulation, eliminate waste of consumables, and achieve improvement of environment and resources.

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