NBTM New Materials Group Co (SHSE:600114) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is NBTM New Materials Group Co Change In Inventory?

NBTM New Materials Group Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0 Mil. It means NBTM New Materials Group Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

NBTM New Materials Group Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-37 Mil. It means NBTM New Materials Group Co's inventory increased by ¥37 Mil from Dec. 2022 to Dec. 2023 .

NBTM New Materials Group Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥914 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NBTM New Materials Group Co's Days Inventory for the quarter that ended in Mar. 2024 was 99.37.

Inventory Turnover measures how fast the company turns over its inventory within a year. NBTM New Materials Group Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.92.

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. NBTM New Materials Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.83.

NBTM New Materials Group Co Change In Inventory Historical Data

The historical data trend for NBTM New Materials Group 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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NBTM New Materials Group Co Change In Inventory Chart

NBTM New Materials Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-50.11

-25.85

-203.43

-147.61

-36.87

NBTM New Materials Group 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															-	-	-	-	-

NBTM New Materials Group 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 ¥0 Mil.

NBTM New Materials Group Co (SHSE:600114) Change In Inventory Explanation

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

NBTM New Materials Group 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
	=	911.806	/	837.319	*	365 / 4
	=	99.37

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

NBTM New Materials Group Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	837.319	/	911.806
	=	0.92

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.

NBTM New Materials Group Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	911.806	/	1102.132
	=	0.83

NBTM New Materials Group Co Change In Inventory Related Terms

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NBTM New Materials Group Co (SHSE:600114) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » NBTM New Materials Group Co Ltd (SHSE:600114) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Jingjiang Road, Jiangshan Industrial Zone, Yinzhou, Ningbo, Zhejiang, CHN, 315191

Website

http://www.pm-china.com

NBTM New Materials Group Co Ltd is engaged in producing and selling powder metal structural parts and magnetic materials components in China. It provides car parts, such as car engine, auto transmission, auto chassis, and other products; new energy parts; air condition compressor and refrigerator compressor parts for home appliances; and motorcycle engines, clutches, driven gears, and other components.

Executives

Cao Yang	Director
Lu De Bao	Director
Zhu Zhi Rong	Directors, senior managers
He Ling Min	senior management
Yan Feng Mu	senior management
Xiao Ya Jun	senior management
Xu Kai	senior management
Chen Yi Zhen	Supervisors
Gu Jin	Director
Duo Tian Chang Hong	Director
Shi Xiao Di	senior management
Huang Yong Ping	senior management
Shu Zheng Ping	senior management

NBTM New Materials Group Co (SHSE:600114) Headlines

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