GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Henan Hengxing Science & Technology Co Ltd (SZSE:002132) » Definitions » Change In Inventory

Henan Hengxing Science & Technology Co (SZSE:002132) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Henan Hengxing Science & Technology Co Change In Inventory?

Henan Hengxing Science & Technology Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Henan Hengxing Science & Technology Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Henan Hengxing Science & Technology Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥127 Mil. It means Henan Hengxing Science & Technology Co's inventory declined by ¥127 Mil from Dec. 2022 to Dec. 2023 .

Henan Hengxing Science & Technology Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥785 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Henan Hengxing Science & Technology Co's Days Inventory for the quarter that ended in Mar. 2024 was 69.35.

Inventory Turnover measures how fast the company turns over its inventory within a year. Henan Hengxing Science & Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.32.

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. Henan Hengxing Science & Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.69.


Henan Hengxing Science & Technology Co Change In Inventory Historical Data

The historical data trend for Henan Hengxing Science & Technology 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.

Henan Hengxing Science & Technology Co Change In Inventory Chart

Henan Hengxing Science & Technology 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 5.48 70.68 -87.44 -399.74 127.06

Henan Hengxing Science & Technology 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 - - - - -

Henan Hengxing Science & Technology 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.


Henan Hengxing Science & Technology Co  (SZSE:002132) Change In Inventory Explanation

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

Henan Hengxing Science & Technology 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
=781.146/1027.806*365 / 4
=69.35

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

Henan Hengxing Science & Technology 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.

Henan Hengxing Science & Technology 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.


Henan Hengxing Science & Technology Co Change In Inventory Related Terms

Thank you for viewing the detailed overview of Henan Hengxing Science & Technology Co's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Henan Hengxing Science & Technology Co (SZSE:002132) Business Description

Traded in Other Exchanges
N/A
Address
No. 121 Yiluo North Road, Gongyi, Henan, CHN, 451251
Henan Hengxing Science & Technology Co Ltd is engaged in the production of steel in China. The company mainly produces steel cords, hose steel wires, ultra-fine steel wires, galvanized and alloy coated steel wires, steel strands and PC steel strands for radial tires. Its products are widely used in automobile tires, rubber hoses, power cables, overhead power lines, high-speed railways, ports, and silicon wafer cutting for photovoltaic solar energy.
Executives
Li Ming Directors, executives
Xu Hui Jing Directors, executives
Xie Bao Wan Director
Xie Bao Jian Executives
Zhang Yun Hong Directors, executives
Xie Xiao Long Directors, executives
Xie Jin Bao Executives
Zhao Wen Juan Directors, executives
Bai Zhong Xiang Independent director
Xie Bao Jun Director
Chen Bing Zhang Director
Tan Shi Hong Supervisors
Li Bao Jie Executives
Jiao Yao Zhong Directors, executives
Xie Fu Qiang Director

Henan Hengxing Science & Technology Co (SZSE:002132) Headlines

No Headlines