CBAT (CBAK Energy Technology) Change In Inventory : $6.3 Mil (TTM As of Dec. 2024)

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What is CBAK Energy Technology Change In Inventory?

CBAK Energy Technology's change in inventory for the quarter that ended in Dec. 2024 was $0.4 Mil. It means CBAK Energy Technology's inventory declined by $0.4 Mil from Sep. 2024 to Dec. 2024 .

CBAK Energy Technology's change in inventory for the fiscal year that ended in Dec. 2024 was $6.3 Mil. It means CBAK Energy Technology's inventory declined by $6.3 Mil from Dec. 2023 to Dec. 2024 .

CBAK Energy Technology's Total Inventories for the quarter that ended in Dec. 2024 was $22.9 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CBAK Energy Technology's Days Inventory for the quarter that ended in Dec. 2024 was 96.78.

Inventory Turnover measures how fast the company turns over its inventory within a year. CBAK Energy Technology's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.94.

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. CBAK Energy Technology's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.92.

CBAK Energy Technology Change In Inventory Historical Data

The historical data trend for CBAK Energy Technology'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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CBAK Energy Technology Change In Inventory Chart

CBAK Energy Technology Annual Data

Trend

Sep15

Sep16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Inventory

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2.31

-11.81

-23.98

11.21

6.30

CBAK Energy Technology Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Change In Inventory	Get a 7-Day Free Trial															3.44	4.09	-5.08	6.87	0.42

CBAK Energy Technology 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.3 Mil.

CBAK Energy Technology (NAS:CBAT) Change In Inventory Explanation

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

CBAK Energy Technology's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	23.395	/	22.059	*	365 / 4
	=	96.78

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

CBAK Energy Technology's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	22.059	/	23.395
	=	0.94

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.

CBAK Energy Technology's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	23.395	/	25.371
	=	0.92

CBAK Energy Technology Change In Inventory Related Terms

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CBAK Energy Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CBAK Energy Technology Inc (NAS:CBAT) » Definitions » Change In Inventory

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Traded in Other Exchanges

0A98:UK B6JA:Germany

Address

Meigui Street, CBAK Industrial Park, Huayuankou Economic Zone, Liaoning Province, Dalian, CHN, 116450

Website

https://www.cbak.com.cn

CBAK Energy Technology Inc is engaged in the manufacture, commercialization, and distribution of a variety of standard and customized lithium and sodium high-power rechargeable batteries. The batteries are used in light electric vehicles, electric vehicles, energy storage devices, and other high-power applications. The company has two operating segments: CBAK, which derives maximum revenue, and includes the manufacturing, commercialization, and distribution of various standard and customized lithium-ion rechargeable batteries; and the Hitrans segment, which includes the development and manufacturing of NCM precursor and cathode materials. Geographically, the company derives its key revenue from Mainland China, followed by Europe and other regions.

Executives

Jiewei Li	officer: CFO	CBAK INDUSTRIAL PARK, MEIGUI STREET, HUAYUANKOU ECONOMIC ZONE, DALIAN CITY, LIAONING PROVINCE F4 116450
Yunfei Li	director, 10 percent owner, officer: CEO	BAK INDUSTRIAL PARK, MEIGUI STREET, HUAYUANKOU ECONOMIC ZONE, DALIAN F4 116422
Xiangyu Pei	director	BAK INDUSTRIAL PARK, MEIGUI STREET, HUAYUANKOU ECONOMIC ZONE, DALIAN F4 116450
Asia Evk New Energy Auto Ltd	10 percent owner	FLAT/RM B, 8/F, WING ON CHEONG BLDG, 5 WING LOK STREET, CENTRAL, HONG KONG K3 0000000
Ping Shen	10 percent owner	GROUP 1 LIVESTOCK RANCH, HUAIJIA TOWN, YUSHU CITY, JILIN PROVINCE F4 130416
Dawei Li	10 percent owner	NO. 11 MEIGUI STREET (EAST), HUAYUANKOU ECONOMIC DISTRICT, DALIAN F4 116450
Mu Li	10 percent owner	A-3003, PENGDUDASHA, NANGUANG ROAD, NANSHAN DISTRICT, SHENZHEN F4 518054
Wei Qi	10 percent owner	3-B1005, HUAYUAN, TIANJIAN XIANDAICHENG, LONGGANG DISTRICT, SHENZHEN F4 518000
Xiangqian Li	director, 10 percent owner, officer: Chairman, President & CEO	BAK INDUSTRIAL PAR, NO. 1 BAK STREET, KUICHONG TOWN, LONGGANG DISTRICT, SHENZHEN F4 518119
J. Simon Xue	director	3353 ROBERT BURNS DRIVE, RICHFIELD OH 44286
Chunzhi Zhang	director	ROOM 1505, BLOCK B TAIRAN 9TH ROAD, CHENGONGMIAO, FUTIAN DISTRICT, SHENZHEN F4 518000
Wenwu Wang	officer: Interim CFO and Treasurer	BAK INDUSTRIAL PARK, MEIGUI STREET, HUAYUANKOU ECONOMIC ZONE, DALIAN F4 116422
Guosheng Wang	director	BAK INDUSTRIAL PARK, NO, 1 BAK STREET, KUICHONG TOWN, LONGGANG DISTRICT, SHENZHEN F4 518119
Jian Lin	officer: Int. Chief Technical Officer	BAK INDUSTRIAL PARK, NO, 1 BAK STREET, KUICHONG TOWN, LONGGANG DISTRICT, SHENZHEN F4 518119
Jianjun He	director	THT INDUSTRIAL PARK, NO. 5 NANHUAN ROAD, TIEXI DISTRICT, SIPING F4 136000