CBAK Energy Technology (FRA:B6JA) Change In Inventory : €8.4 Mil (TTM As of Sep. 2024)

View and export this data going back to 2007. Start your Free Trial

What is CBAK Energy Technology Change In Inventory?

CBAK Energy Technology's change in inventory for the quarter that ended in Sep. 2024 was €6.2 Mil. It means CBAK Energy Technology's inventory declined by €6.2 Mil from Jun. 2024 to Sep. 2024 .

CBAK Energy Technology's change in inventory for the fiscal year that ended in Dec. 2023 was €10.3 Mil. It means CBAK Energy Technology's inventory declined by €10.3 Mil from Dec. 2022 to Dec. 2023 .

CBAK Energy Technology's Total Inventories for the quarter that ended in Sep. 2024 was €21.6 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 Sep. 2024 was 67.98.

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 Sep. 2024 was 1.34.

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 Sep. 2024 was 0.63.

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.

* Premium members only.

CBAK Energy Technology Change In Inventory Chart

CBAK Energy Technology Annual Data

Trend

Sep14

Sep15

Sep16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

0.01

1.90

-10.45

-22.64

10.28

CBAK Energy Technology Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Inventory	Get a 7-Day Free Trial															3.57	3.16	3.76	-4.72	6.19

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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €8.4 Mil.

CBAK Energy Technology (FRA:B6JA) 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
	=	25.2895	/	33.944	*	365 / 4
	=	67.98

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 Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	33.944	/	25.2895
	=	1.34

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 Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	25.2895	/	40.21
	=	0.63

CBAK Energy Technology Change In Inventory Related Terms

Thank you for viewing the detailed overview of CBAK Energy Technology's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

CBAK Energy Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CBAK Energy Technology Inc (FRA:B6JA) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

CBAT:USA 0A98:UK B6JA:Germany

Address

CBAK Industrial Park, Meigui Street, 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-ion high-power rechargeable batteries. The company operates in two operating segments: CBAK's segment mainly includes the manufacture, commercialization and distribution of a wide variety of standard and customized lithium ion rechargeable batteries for use in a wide array of applications. Hitrans' segment mainly includes the development and manufacturing of NCM precursor and cathode materials. Geographically, it generates a majority of its revenue from Mainland China and also has an operation in Europe, the United States, Korea, and Other Countries.

CBAK Energy Technology Headlines

No Headlines