Zhejiangnmei Chemical Industry Co (SHSE:603379) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Zhejiangnmei Chemical Industry Co Change In Inventory?

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

Zhejiangnmei Chemical Industry Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥4 Mil. It means Zhejiangnmei Chemical Industry Co's inventory declined by ¥4 Mil from Dec. 2022 to Dec. 2023 .

Zhejiangnmei Chemical Industry Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥465 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zhejiangnmei Chemical Industry Co's Days Inventory for the quarter that ended in Mar. 2024 was 62.15.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhejiangnmei Chemical Industry Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.47.

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. Zhejiangnmei Chemical Industry Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.53.

Zhejiangnmei Chemical Industry Co Change In Inventory Historical Data

The historical data trend for Zhejiangnmei Chemical Industry 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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Zhejiangnmei Chemical Industry Co Change In Inventory Chart

Zhejiangnmei Chemical Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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85.80

-30.15

-257.02

-90.99

4.22

Zhejiangnmei Chemical Industry Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
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Zhejiangnmei Chemical Industry 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.

Zhejiangnmei Chemical Industry Co (SHSE:603379) Change In Inventory Explanation

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

Zhejiangnmei Chemical Industry 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
	=	504.2005	/	740.325	*	365 / 4
	=	62.15

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

Zhejiangnmei Chemical Industry Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	740.325	/	504.2005
	=	1.47

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.

Zhejiangnmei Chemical Industry Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	504.2005	/	958.609
	=	0.53

Zhejiangnmei Chemical Industry Co Change In Inventory Related Terms

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Zhejiangnmei Chemical Industry Co (SHSE:603379) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Zhejiang Sanmei Chemical Industry Co Ltd (SHSE:603379) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

Hushlindustrial Zone, Qingnian Road, Zhejiang Province, Wuyi County, Jinhua, CHN, 321200

Website

http://www.sanmeichem.com

Zhejiang Sanmei Chemical Industry Co Ltd is specialized in research and development and product production of fluorine chemical products. The products are sold to more than 30 provinces and cities nationwide and more than 100 countries and regions around the world. The company has two series of products, organic fluorine and inorganic fluorine.

Executives

Zhan Lin Xi	Directors, senior managers
Xu Yao Chun	Director
Wu Shao Ming	Director
Shi Fu Qiang	senior management
Hu Fa Xiang	Directors, senior managers
Qian Kang Fu	Supervisors
Hu Qi Xiang	Directors, senior managers

Zhejiangnmei Chemical Industry Co (SHSE:603379) Headlines

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