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Tianjin Jinrong Tianyu Precision Machinery (SZSE:300988) Change In Inventory : ¥0 Mil (TTM As of Dec. 2023)


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What is Tianjin Jinrong Tianyu Precision Machinery Change In Inventory?

Tianjin Jinrong Tianyu Precision Machinery's change in inventory for the quarter that ended in Dec. 2023 was ¥0 Mil. It means Tianjin Jinrong Tianyu Precision Machinery's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Tianjin Jinrong Tianyu Precision Machinery's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-70 Mil. It means Tianjin Jinrong Tianyu Precision Machinery's inventory increased by ¥70 Mil from Dec. 2022 to Dec. 2023 .

Tianjin Jinrong Tianyu Precision Machinery's Total Inventories for the quarter that ended in Dec. 2023 was ¥412 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tianjin Jinrong Tianyu Precision Machinery's Days Inventory for the quarter that ended in Dec. 2023 was 116.52.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tianjin Jinrong Tianyu Precision Machinery's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.78.

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. Tianjin Jinrong Tianyu Precision Machinery's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.00.


Tianjin Jinrong Tianyu Precision Machinery Change In Inventory Historical Data

The historical data trend for Tianjin Jinrong Tianyu Precision Machinery'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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Tianjin Jinrong Tianyu Precision Machinery Change In Inventory Chart

Tianjin Jinrong Tianyu Precision Machinery Annual Data
Trend Dec12 Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -35.88 -23.57 -114.93 -13.48 -70.40

Tianjin Jinrong Tianyu Precision Machinery Quarterly Data
Dec18 Mar19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Tianjin Jinrong Tianyu Precision Machinery 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 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.


Tianjin Jinrong Tianyu Precision Machinery  (SZSE:300988) Change In Inventory Explanation

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

Tianjin Jinrong Tianyu Precision Machinery's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=408.4985/319.905*365 / 4
=116.52

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

Tianjin Jinrong Tianyu Precision Machinery's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

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.

Tianjin Jinrong Tianyu Precision Machinery's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

* 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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Tianjin Jinrong Tianyu Precision Machinery (SZSE:300988) Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Haitai Chuangxin 4th Road, Huayuan Industrial Zone, Tianjin, CHN, 300384
Tianjin Jinrong Tianyu Precision Machinery Co Ltd is engaged in the research and development, production and sales of precision metal molds and related parts.

Tianjin Jinrong Tianyu Precision Machinery (SZSE:300988) Headlines

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