GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Zhejiang Qianjiang Biochemical Co Ltd (SHSE:600796) » Definitions » Change In Inventory

Zhejiang Qianjiang Biochemical Co (SHSE:600796) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)


View and export this data going back to 1997. Start your Free Trial

What is Zhejiang Qianjiang Biochemical Co Change In Inventory?

Zhejiang Qianjiang Biochemical Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Zhejiang Qianjiang Biochemical Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Zhejiang Qianjiang Biochemical Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-68 Mil. It means Zhejiang Qianjiang Biochemical Co's inventory increased by ¥68 Mil from Dec. 2022 to Dec. 2023 .

Zhejiang Qianjiang Biochemical Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥203 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zhejiang Qianjiang Biochemical Co's Days Inventory for the quarter that ended in Mar. 2024 was 61.31.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhejiang Qianjiang Biochemical Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.49.

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. Zhejiang Qianjiang Biochemical Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.53.


Zhejiang Qianjiang Biochemical Co Change In Inventory Historical Data

The historical data trend for Zhejiang Qianjiang Biochemical 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.

* Premium members only.

Zhejiang Qianjiang Biochemical Co Change In Inventory Chart

Zhejiang Qianjiang Biochemical Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -58.75 35.63 86.05 -19.50 -67.79

Zhejiang Qianjiang Biochemical 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Zhejiang Qianjiang Biochemical 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.

* 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.


Zhejiang Qianjiang Biochemical Co  (SHSE:600796) Change In Inventory Explanation

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

Zhejiang Qianjiang Biochemical 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
=199.4825/296.898*365 / 4
=61.31

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

Zhejiang Qianjiang Biochemical Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

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.

Zhejiang Qianjiang Biochemical Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

* 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.


Zhejiang Qianjiang Biochemical Co Change In Inventory Related Terms

Thank you for viewing the detailed overview of Zhejiang Qianjiang Biochemical Co's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Zhejiang Qianjiang Biochemical Co (SHSE:600796) Business Description

Traded in Other Exchanges
N/A
Address
No.178 Qianjiang West Road, Haizhou Street, Qianjiang Building, Zhejiang Province, Haining, CHN, 314400
Zhejiang Qianjiang Biochemical Co Ltd is primarily engaged in the production of bio-pesticides, bio-veterinary drugs, and biopharmaceuticals. The company's product profile includes gibberellic acid, abamectin, methylamino abamectin, validamycin, and other products.

Zhejiang Qianjiang Biochemical Co (SHSE:600796) Headlines

No Headlines