LBTI (Lithium & Boron Technology) Change In Inventory: $0.06 Mil (TTM As of Jun. 2022)

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LBTI Lithium & Boron Technology Inc LBTI
12 GF Score
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What is Lithium & Boron Technology Change In Inventory?

Lithium & Boron Technology LBTI 12 Change In Inventory is $0.06 Mil as of Jun. 2022. GuruFocus rates LBTI with a GF Score™ of 12/100.

Lithium & Boron Technology's change in inventory for the quarter that ended in Jun. 2022 was $-0.29 Mil. It means Lithium & Boron Technology's inventory increased by $0.29 Mil from Mar. 2022 to Jun. 2022 .

Lithium & Boron Technology's change in inventory for the fiscal year that ended in Dec. 2021 was $1.19 Mil. It means Lithium & Boron Technology's inventory declined by $1.19 Mil from Dec. 2020 to Dec. 2021 .

Lithium & Boron Technology's Total Inventories for the quarter that ended in Jun. 2022 was $0.28 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lithium & Boron Technology's Days Inventory for the quarter that ended in Jun. 2022 was 37.78.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lithium & Boron Technology's Inventory Turnover for the quarter that ended in Jun. 2022 was 2.42.

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. Lithium & Boron Technology's Inventory-to-Revenue for the quarter that ended in Jun. 2022 was 0.47.

Lithium & Boron Technology  (OTCPK:LBTI) Change In Inventory Explanation

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

Lithium & Boron 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
=0.1445/0.349*365 / 4
=37.78

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

Lithium & Boron Technology's Inventory Turnover for the quarter that ended in Jun. 2022 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.349 / 0.1445
=2.42

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.

Lithium & Boron Technology's Inventory to Revenue for the quarter that ended in Jun. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.1445 / 0.31
=0.47

* 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.

Lithium & Boron Technology Change In Inventory Related Terms

Lithium & Boron Technology Change In Inventory Historical Data

* Premium members only.

The historical data trend for Lithium & Boron 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.

Lithium & Boron Technology Change In Inventory Chart

Lithium & Boron Technology Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.03 -1.62 -0.14 0.71 1.19

Lithium & Boron Technology Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 0.19 0.10 0.25 0.00 -0.29
LBTI
12GF Score
Lithium & Boron Technology Inc LBTI
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Lithium & Boron 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 Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.06 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $0.06 Mil mean?
Lithium & Boron Technology (LBTI) has a Change In Inventory of $0.06 Mil as of Jun. 2022. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Lithium & Boron Technology and its competitors.
Is Lithium & Boron Technology's Change In Inventory too high?
Lithium & Boron Technology's current Change In Inventory is $0.06 Mil. Overall, Lithium & Boron Technology has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Lithium & Boron Technology's Change In Inventory compare to ATYG and GRST?
Lithium & Boron Technology's Change In Inventory of $0.06 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Chemicals company?
A good Change In Inventory depends on the Chemicals industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Lithium & Boron Technology and its competitors. Lithium & Boron Technology's current Change In Inventory is $0.06 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lithium & Boron Technology stock overvalued right now?
Lithium & Boron Technology (LBTI) has a current Change In Inventory of $0.06 Mil. The current Change In Inventory is $0.06 Mil. Lithium & Boron Technology's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Lithium & Boron Technology (LBTI), the current Change In Inventory is $0.06 Mil as of Jun. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Lithium & Boron Technology Business Description

Address 60 East Ren-Min Road, Xai Xi County, Qing Hai Province, Da-Chai Dan, CHN, 817000
Lithium & Boron Technology Inc is a Chinese boric acid manufacturing company. The company focuses on the comprehensive development and utilization of salt lake resources and product research and development, and is a resource-based enterprise integrating boron ore mining, boric acid production, deep processing of borate compounds, and production and sales of industrial salt.
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Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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