Rayitek Hi-Tech Film Co (SHSE:688323) Change In Inventory

: ¥0.0 Mil (TTM As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

Rayitek Hi-Tech Film Co's change in inventory for the quarter that ended in Dec. 2023 was ¥0.0 Mil. It means Rayitek Hi-Tech Film Co's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Rayitek Hi-Tech Film Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-9.0 Mil. It means Rayitek Hi-Tech Film Co's inventory increased by ¥9.0 Mil from Dec. 2022 to Dec. 2023 .

Rayitek Hi-Tech Film Co's Total Inventories for the quarter that ended in Dec. 2023 was ¥78.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rayitek Hi-Tech Film Co's Days Inventory for the quarter that ended in Dec. 2023 was 129.57.

Inventory Turnover measures how fast the company turns over its inventory within a year. Rayitek Hi-Tech Film Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.70.

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. Rayitek Hi-Tech Film Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.09.

Rayitek Hi-Tech Film Co Change In Inventory Historical Data

The historical data trend for Rayitek Hi-Tech Film 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.

Rayitek Hi-Tech Film Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-11.44

82.39

-33.74

-17.86

-9.00

Rayitek Hi-Tech Film Co Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory																-	-	-	-	-

Rayitek Hi-Tech Film 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0.0 Mil.

Rayitek Hi-Tech Film Co (SHSE:688323) Change In Inventory Explanation

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

Rayitek Hi-Tech Film 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
	=	73.4185	/	51.707	*	365 / 4
	=	129.57

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

Rayitek Hi-Tech Film Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	51.707	/	73.4185
	=	0.70

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.

Rayitek Hi-Tech Film Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	73.4185	/	67.396
	=	1.09

Rayitek Hi-Tech Film Co Change In Inventory Related Terms

Thank you for viewing the detailed overview of Rayitek Hi-Tech Film Co's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Rayitek Hi-Tech Film Co (SHSE:688323) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Rayitek Hi-Tech Film Co Ltd (SHSE:688323) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Songgang Street Office, Huamei Industrial Park, Baoan District, Guangdong Province, Shenzhen, CHN, 518105

Website

http://www.rayitek.com

Rayitek Hi-Tech Film Co Ltd is engaged in the research and development, production and sales of high-performance PI films. The main product series include thermal control series PI films, electronic series PI films, electrical series PI films, functional PI films and others which are widely used in flexible circuit boards, consumer electronics, high-speed rail transit, wind power generation, 5G communications, flexible displays, aerospace Aviation and other high-tech industries.

Rayitek Hi-Tech Film Co (SHSE:688323) Headlines

No Headlines