Shanghai Challenge Textile Co (SZSE:002486) Change In Inventory : ¥0.0 Mil (TTM As of Mar. 2024)

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What is Shanghai Challenge Textile Co Change In Inventory?

Shanghai Challenge Textile Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means Shanghai Challenge Textile Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Shanghai Challenge Textile Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥22.6 Mil. It means Shanghai Challenge Textile Co's inventory declined by ¥22.6 Mil from Dec. 2022 to Dec. 2023 .

Shanghai Challenge Textile Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥228.8 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shanghai Challenge Textile Co's Days Inventory for the quarter that ended in Mar. 2024 was 111.69.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shanghai Challenge Textile Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.82.

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. Shanghai Challenge Textile Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.98.

Shanghai Challenge Textile Co Change In Inventory Historical Data

The historical data trend for Shanghai Challenge Textile 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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Shanghai Challenge Textile Co Change In Inventory Chart

Shanghai Challenge Textile Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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48.84

23.39

-110.14

44.01

22.62

Shanghai Challenge Textile 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															-	-	-	-	-

Shanghai Challenge Textile 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 ¥0.0 Mil.

Shanghai Challenge Textile Co (SZSE:002486) Change In Inventory Explanation

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

Shanghai Challenge Textile 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
	=	231.3025	/	188.977	*	365 / 4
	=	111.69

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

Shanghai Challenge Textile Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	188.977	/	231.3025
	=	0.82

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.

Shanghai Challenge Textile Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	231.3025	/	234.934
	=	0.98

Shanghai Challenge Textile Co Change In Inventory Related Terms

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Shanghai Challenge Textile Co (SZSE:002486) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Shanghai Challenge Textile Co Ltd (SZSE:002486) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

No.1918 Tingfeng Highway, Tinglin Town, Jinshan District, Shanghai, CHN, 201504

Website

http://www.challenge-21c.com/en/about.aspx

Shanghai Challenge Textile Co Ltd is a China-based company. It is principally engaged in the design, research, development, and production of outdoor sports functional fabrics. The company's products are mainly used in outdoor sportswear.

Executives

Huang Wei Guo	Director
Yang Qi Dong	Directors, executives
Qiu Qiao Zhu	Director

Shanghai Challenge Textile Co (SZSE:002486) Headlines

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