Liaoning Xinde New Material Technology Co (SZSE:301349) Change In Inventory : ¥0.0 Mil (TTM As of Mar. 2024)

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What is Liaoning Xinde New Material Technology Co Change In Inventory?

Liaoning Xinde New Material Technology Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means Liaoning Xinde New Material Technology Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Liaoning Xinde New Material Technology Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-82.4 Mil. It means Liaoning Xinde New Material Technology Co's inventory increased by ¥82.4 Mil from Dec. 2022 to Dec. 2023 .

Liaoning Xinde New Material Technology Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥289.2 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Liaoning Xinde New Material Technology Co's Days Inventory for the quarter that ended in Mar. 2024 was 203.11.

Inventory Turnover measures how fast the company turns over its inventory within a year. Liaoning Xinde New Material Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.45.

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. Liaoning Xinde New Material Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.08.

Liaoning Xinde New Material Technology Co Change In Inventory Historical Data

The historical data trend for Liaoning Xinde New Material 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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Liaoning Xinde New Material Technology Co Change In Inventory Chart

Liaoning Xinde New Material Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-15.71

5.48

-52.96

-133.13

-82.37

Liaoning Xinde New Material Technology Co Quarterly Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial												-	-	-	-	-

Liaoning Xinde New Material 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 ¥0.0 Mil.

Liaoning Xinde New Material Technology Co (SZSE:301349) Change In Inventory Explanation

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

Liaoning Xinde New Material 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
	=	278.281	/	125.024	*	365 / 4
	=	203.11

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

Liaoning Xinde New Material 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
	=	125.024	/	278.281
	=	0.45

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.

Liaoning Xinde New Material Technology Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	278.281	/	134.103
	=	2.08

Liaoning Xinde New Material Technology Co Change In Inventory Related Terms

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Liaoning Xinde New Material Technology Co (SZSE:301349) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Liaoning Xinde New Material Technology Co Ltd (SZSE:301349) » Definitions » Change In Inventory

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Traded in Other Exchanges

N/A

Address

No. 295 Wensheng Road, 4th Floor, Hongwei District, Liaoning Province, Liaoyang, CHN, 111003

Website

http://www.lnxdhg.com

Liaoning Xinde New Material Technology Co Ltd is engaged in the research and development, production and sales of negative electrode coating material products.

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