Shanghai Tieda Electronic and Information Technology Co (BJSE:872541) Change In Inventory : ¥0.0 Mil (TTM As of Mar. 2024)

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What is Shanghai Tieda Electronic and Information Technology Co Change In Inventory?

Shanghai Tieda Electronic and Information Technology Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means Shanghai Tieda Electronic and Information Technology Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Shanghai Tieda Electronic and Information Technology Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-17.5 Mil. It means Shanghai Tieda Electronic and Information Technology Co's inventory increased by ¥17.5 Mil from Dec. 2022 to Dec. 2023 .

Shanghai Tieda Electronic and Information Technology Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥129.8 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shanghai Tieda Electronic and Information Technology Co's Days Inventory for the quarter that ended in Mar. 2024 was 491.13.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shanghai Tieda Electronic and Information Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.19.

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. Shanghai Tieda Electronic and Information Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.37.

Shanghai Tieda Electronic and Information Technology Co Change In Inventory Historical Data

The historical data trend for Shanghai Tieda Electronic and Information Technology 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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Shanghai Tieda Electronic and Information Technology Co Change In Inventory Chart

Shanghai Tieda Electronic and Information Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-15.23

-7.26

-52.57

6.29

-17.48

Shanghai Tieda Electronic and Information Technology Co Quarterly Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Shanghai Tieda Electronic and Information Technology 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0.0 Mil.

Shanghai Tieda Electronic and Information Technology Co (BJSE:872541) Change In Inventory Explanation

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

Shanghai Tieda Electronic and Information Technology 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
	=	125.73	/	23.36	*	365 / 4
	=	491.13

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

Shanghai Tieda Electronic and Information Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	23.36	/	125.73
	=	0.19

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.

Shanghai Tieda Electronic and Information Technology Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	125.73	/	53.021
	=	2.37

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Shanghai Tieda Electronic and Information Technology Co (BJSE:872541) Business Description

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Address

No. 6, Lane 1755, Rongbei Road, Nanxiang Town, Jiading District, Shanghai, CHN, 201802

Website

http://www.tddx.com.cn

Shanghai Tieda Electronic and Information Technology Co Ltd is engaged in the development, production, and sales of communication signal products. It mainly engages in design, research and development, manufacturing, sales, engineering, and service of signal products and providing industry solutions. The core products include centralized signal monitoring system, integrated lightning protection system for signal (communication) equipment, LED signal machine, wireless shunting locomotive signal and monitoring system, and power management information system.

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