Titan Wind Energy (Suzhou) Co (SZSE:002531) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Titan Wind Energy (Suzhou) Co Change In Inventory?

Titan Wind Energy (Suzhou) Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Titan Wind Energy (Suzhou) Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Titan Wind Energy (Suzhou) Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-271 Mil. It means Titan Wind Energy (Suzhou) Co's inventory increased by ¥271 Mil from Dec. 2022 to Dec. 2023 .

Titan Wind Energy (Suzhou) Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥2,465 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Titan Wind Energy (Suzhou) Co's Days Inventory for the quarter that ended in Mar. 2024 was 294.87.

Inventory Turnover measures how fast the company turns over its inventory within a year. Titan Wind Energy (Suzhou) Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.31.

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. Titan Wind Energy (Suzhou) Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.25.

Titan Wind Energy (Suzhou) Co Change In Inventory Historical Data

The historical data trend for Titan Wind Energy (Suzhou) 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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Titan Wind Energy (Suzhou) Co Change In Inventory Chart

Titan Wind Energy (Suzhou) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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17.34

-242.44

149.82

-491.06

-271.27

Titan Wind Energy (Suzhou) 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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Titan Wind Energy (Suzhou) 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.

Titan Wind Energy (Suzhou) Co (SZSE:002531) Change In Inventory Explanation

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

Titan Wind Energy (Suzhou) 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
	=	2370.2785	/	733.498	*	365 / 4
	=	294.87

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

Titan Wind Energy (Suzhou) Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	733.498	/	2370.2785
	=	0.31

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.

Titan Wind Energy (Suzhou) Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2370.2785	/	1053.702
	=	2.25

Titan Wind Energy (Suzhou) Co Change In Inventory Related Terms

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Titan Wind Energy (Suzhou) Co (SZSE:002531) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Titan Wind Energy (Suzhou) Co Ltd (SZSE:002531) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

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Address

28 Ningbo East Road, Jiangsu, Taicang, CHN, 215400

Website

http://www.titanwind.com.cn/

Titan Wind Energy (Suzhou) Co Ltd is engaged in the research, design, manufacture, and distribution of wind towers. The towers are distributed to dozens of countries like the United States, Canada, Brazil, Germany, Sweden, the United Kingdom, Romania, Spain, Australia, New Zealand, Thailand, India and other parts of the world.

Executives

Zhu Bin	Secretary, Director
Chen Wei Ming	Directors, executives
Ma Long Fei	Director
Cai Zhou	Supervisors
Yan Jun Xu	Directors, executives
Liu Ming Sheng	Directors, executives
Xu Bei Zhen	Supervisors
Zhu Guo Xue	Supervisors
Zheng Kang Sheng	Directors, executives
Gong Tao	Directors, executives
Jin Yi	Securities Affairs Representative

Titan Wind Energy (Suzhou) Co (SZSE:002531) Headlines

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