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Henan Tianma New Material Co (BJSE:838971) Change In Inventory : ¥0.0 Mil (TTM As of Jun. 2024)


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What is Henan Tianma New Material Co Change In Inventory?

Henan Tianma New Material Co's change in inventory for the quarter that ended in Jun. 2024 was ¥0.0 Mil. It means Henan Tianma New Material Co's inventory stayed the same from Mar. 2024 to Jun. 2024 .

Henan Tianma New Material Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-8.0 Mil. It means Henan Tianma New Material Co's inventory increased by ¥8.0 Mil from Dec. 2022 to Dec. 2023 .

Henan Tianma New Material Co's Total Inventories for the quarter that ended in Jun. 2024 was ¥82.3 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Henan Tianma New Material Co's Days Inventory for the quarter that ended in Jun. 2024 was 161.40.

Inventory Turnover measures how fast the company turns over its inventory within a year. Henan Tianma New Material Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.57.

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. Henan Tianma New Material Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 1.31.


Henan Tianma New Material Co Change In Inventory Historical Data

The historical data trend for Henan Tianma New Material 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.

Henan Tianma New Material Co Change In Inventory Chart

Henan Tianma New Material Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.55 -10.37 0.66 -19.79 -7.98

Henan Tianma New Material Co Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - - -

Henan Tianma New Material 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.

* 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.


Henan Tianma New Material Co  (BJSE:838971) Change In Inventory Explanation

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

Henan Tianma New Material 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
=77.1325/43.609*365 / 4
=161.40

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

Henan Tianma New Material Co's Inventory Turnover for the quarter that ended in Jun. 2024 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.

Henan Tianma New Material Co's Inventory to Revenue for the quarter that ended in Jun. 2024 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.


Henan Tianma New Material Co Change In Inventory Related Terms

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Henan Tianma New Material Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1109 Science Avenue, Industrial Road Street, Shangjie District, Henan Province, Zhengzhou, CHN, 450041
Henan Tianma New Material Co Ltd is engaged in the production and sales of high-performance fine alumina powder.

Henan Tianma New Material Co Headlines

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