Beijing Kaide Quartz Co (BJSE:835179) Change In Inventory : ¥0.0 Mil (TTM As of Jun. 2024)

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What is Beijing Kaide Quartz Co Change In Inventory?

Beijing Kaide Quartz Co's change in inventory for the quarter that ended in Jun. 2024 was ¥0.0 Mil. It means Beijing Kaide Quartz Co's inventory stayed the same from Mar. 2024 to Jun. 2024 .

Beijing Kaide Quartz Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-67.8 Mil. It means Beijing Kaide Quartz Co's inventory increased by ¥67.8 Mil from Dec. 2022 to Dec. 2023 .

Beijing Kaide Quartz Co's Total Inventories for the quarter that ended in Jun. 2024 was ¥131.4 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Beijing Kaide Quartz Co's Days Inventory for the quarter that ended in Jun. 2024 was 289.94.

Inventory Turnover measures how fast the company turns over its inventory within a year. Beijing Kaide Quartz Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.31.

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. Beijing Kaide Quartz Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 1.78.

Beijing Kaide Quartz Co Change In Inventory Historical Data

The historical data trend for Beijing Kaide Quartz 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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Beijing Kaide Quartz Co Change In Inventory Chart

Beijing Kaide Quartz Co Annual Data

Trend

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Change In Inventory

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0.64

12.95

0.51

-22.25

-67.77

Beijing Kaide Quartz Co Quarterly Data
	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Beijing Kaide Quartz 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0.0 Mil.

Beijing Kaide Quartz Co (BJSE:835179) Change In Inventory Explanation

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

Beijing Kaide Quartz 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
	=	128.379	/	40.404	*	365 / 4
	=	289.94

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

Beijing Kaide Quartz Co's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	40.404	/	128.379
	=	0.31

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.

Beijing Kaide Quartz Co's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	128.379	/	72.049
	=	1.78

Beijing Kaide Quartz Co Change In Inventory Related Terms

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Beijing Kaide Quartz Co Business Description

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Address

No. 6, Huoxing 3rd Street, Industrial Development Zone, Huxian Town, Tongzhou District, Beijing, CHN, 101109

Website

http://www.kaidequartz.com

Beijing Kaide Quartz Co Ltd is engaged in research and development, production, and sales of quartz glass products such as quartz instruments, quartz pipes, and quartz boats. The company's products are widely used in the field of semiconductor integrated circuit chips, the photovoltaic solar energy industry, and other fields.

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