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Ningxia Zhongke Biotechnology Co (SHSE:600165) Change In Inventory : ¥0.0 Mil (TTM As of Sep. 2023)


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What is Ningxia Zhongke Biotechnology Co Change In Inventory?

Ningxia Zhongke Biotechnology Co's change in inventory for the quarter that ended in Sep. 2023 was ¥0.0 Mil. It means Ningxia Zhongke Biotechnology Co's inventory stayed the same from Jun. 2023 to Sep. 2023 .

Ningxia Zhongke Biotechnology Co's change in inventory for the fiscal year that ended in Dec. 2022 was ¥60.6 Mil. It means Ningxia Zhongke Biotechnology Co's inventory declined by ¥60.6 Mil from Dec. 2021 to Dec. 2022 .

Ningxia Zhongke Biotechnology Co's Total Inventories for the quarter that ended in Sep. 2023 was ¥107.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ningxia Zhongke Biotechnology Co's Days Inventory for the quarter that ended in Sep. 2023 was 101.98.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ningxia Zhongke Biotechnology Co's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.89.

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. Ningxia Zhongke Biotechnology Co's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 1.51.

Ningxia Zhongke Biotechnology Co Change In Inventory Historical Data

The historical data trend for Ningxia Zhongke Biotechnology 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.

Ningxia Zhongke Biotechnology Co Change In Inventory Chart

Ningxia Zhongke Biotechnology Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -21.36 13.89 22.60 -121.37 60.58

Ningxia Zhongke Biotechnology Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - - - - -

Ningxia Zhongke Biotechnology 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0.0 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.

Ningxia Zhongke Biotechnology Co  (SHSE:600165) Change In Inventory Explanation

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

Ningxia Zhongke Biotechnology 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
=100.6465/90.053*365 / 4
=101.98

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

Ningxia Zhongke Biotechnology Co's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=90.053 / 100.6465
=0.89

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.

Ningxia Zhongke Biotechnology Co's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=100.6465 / 66.621
=1.51

* 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.

Ningxia Zhongke Biotechnology Co Change In Inventory Related Terms

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Ningxia Zhongke Biotechnology Co (SHSE:600165) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ningxia Zhongke Biotechnology Co Ltd (SHSE:600165) » Definitions » Change In Inventory
Comparable Companies
SZSE:002753 SHSE:603681 SZSE:301283 SHSE:603683 SZSE:002442 SHSE:605566 SZSE:300340 SZSE:002909 SHSE:603051 SZSE:301019 LIN XPAR:AI SHW ECL APD XSWX:SIKA XSWX:GIVN SHSE:600309 PPG LYB
Traded in Other Exchanges
N/A
Address
Hebin Street, Ningxia Hui Autonomous Region, Huinong District, Shizuishan, CHN, 750002
Website
http://www.nxhengli.com.cn
Ningxia Zhongke Biotechnology Co Ltd is engaged in the production and sales of activated carbon products, preparation and storage of stem cells, trade and other businesses, as well as lauric acid.

Ningxia Zhongke Biotechnology Co (SHSE:600165) Headlines

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