Luoyang North Glass Technology Co (SZSE:002613) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Luoyang North Glass Technology Co Change In Inventory?

Luoyang North Glass Technology Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Luoyang North Glass Technology Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Luoyang North Glass Technology Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥32 Mil. It means Luoyang North Glass Technology Co's inventory declined by ¥32 Mil from Dec. 2022 to Dec. 2023 .

Luoyang North Glass Technology Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥441 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Luoyang North Glass Technology Co's Days Inventory for the quarter that ended in Mar. 2024 was 137.05.

Inventory Turnover measures how fast the company turns over its inventory within a year. Luoyang North Glass Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.67.

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. Luoyang North Glass Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.08.

Luoyang North Glass Technology Co Change In Inventory Historical Data

The historical data trend for Luoyang North Glass 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.

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Luoyang North Glass Technology Co Change In Inventory Chart

Luoyang North Glass Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-16.31

-71.76

-152.39

2.69

32.24

Luoyang North Glass 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															-	-	-	-	-

Luoyang North Glass 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.

Luoyang North Glass Technology Co (SZSE:002613) Change In Inventory Explanation

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

Luoyang North Glass 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
	=	436.617	/	290.713	*	365 / 4
	=	137.05

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

Luoyang North Glass Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	290.713	/	436.617
	=	0.67

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.

Luoyang North Glass Technology Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	436.617	/	404.675
	=	1.08

Luoyang North Glass Technology Co Change In Inventory Related Terms

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Luoyang North Glass Technology Co (SZSE:002613) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Luoyang North Glass Technology Co Ltd (SZSE:002613) » Definitions » Change In Inventory

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Address

20 Binhe Road, High-tech Development Zone, Henan, Luoyang, CHN, 471003

Website

http://www.northglass.com

Luoyang North Glass Technology Co Ltd is engaged in the research and development, and design of glass deep processing equipment and glass deep processing products. The products of the company include tempering furnace, coating production line, vertical edging machine, film system, glass screen printing line, and automated connection system.

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