Weihai Tiangang Instrument Co (BJSE:832651) Change In Inventory : ¥0.0 Mil (TTM As of Mar. 2025)

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What is Weihai Tiangang Instrument Co Change In Inventory?

Weihai Tiangang Instrument Co's change in inventory for the quarter that ended in Mar. 2025 was ¥0.0 Mil. It means Weihai Tiangang Instrument Co's inventory stayed the same from Dec. 2024 to Mar. 2025 .

Weihai Tiangang Instrument Co's change in inventory for the fiscal year that ended in Dec. 2024 was ¥-39.8 Mil. It means Weihai Tiangang Instrument Co's inventory increased by ¥39.8 Mil from Dec. 2023 to Dec. 2024 .

Weihai Tiangang Instrument Co's Total Inventories for the quarter that ended in Mar. 2025 was ¥90.5 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Weihai Tiangang Instrument Co's Days Inventory for the quarter that ended in Mar. 2025 was 286.01.

Inventory Turnover measures how fast the company turns over its inventory within a year. Weihai Tiangang Instrument Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.32.

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. Weihai Tiangang Instrument Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 1.59.

Weihai Tiangang Instrument Co Change In Inventory Historical Data

The historical data trend for Weihai Tiangang Instrument 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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Weihai Tiangang Instrument Co Change In Inventory Chart

Weihai Tiangang Instrument Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Inventory

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1.10

-7.46

-5.16

-4.66

-39.75

Weihai Tiangang Instrument Co Quarterly Data
	Sep19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Weihai Tiangang Instrument 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0.0 Mil.

Weihai Tiangang Instrument Co (BJSE:832651) Change In Inventory Explanation

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

Weihai Tiangang Instrument 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
	=	89.879	/	28.675	*	365 / 4
	=	286.01

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

Weihai Tiangang Instrument Co's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	28.675	/	89.879
	=	0.32

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.

Weihai Tiangang Instrument Co's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	89.879	/	56.704
	=	1.59

Weihai Tiangang Instrument Co Change In Inventory Related Terms

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Weihai Tiangang Instrument Co Business Description

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Address

No. 28-1, Hengrui Street, Weihai High-tech Industrial Development Zone, Huancui District, Shandong Province, Weihai City, CHN, 264200

Website

http://www.plou.cn

Weihai Tiangang Instrument Co Ltd engages in research and development, production, and sales of IoT ultrasonic measuring instruments such as ultrasonic heat meters, ultrasonic flow sensors, data transmission products, and ultrasonic water meters.

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