Tangshannyou Chemical Industries Co (SHSE:600409) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Tangshannyou Chemical Industries Co Change In Inventory?

Tangshannyou Chemical Industries Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Tangshannyou Chemical Industries Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Tangshannyou Chemical Industries Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥249 Mil. It means Tangshannyou Chemical Industries Co's inventory declined by ¥249 Mil from Dec. 2022 to Dec. 2023 .

Tangshannyou Chemical Industries Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥1,670 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tangshannyou Chemical Industries Co's Days Inventory for the quarter that ended in Mar. 2024 was 33.08.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tangshannyou Chemical Industries Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.76.

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. Tangshannyou Chemical Industries Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.30.

Tangshannyou Chemical Industries Co Change In Inventory Historical Data

The historical data trend for Tangshannyou Chemical Industries 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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Tangshannyou Chemical Industries Co Change In Inventory Chart

Tangshannyou Chemical Industries Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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75.29

429.91

-787.36

444.95

248.73

Tangshannyou Chemical Industries Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
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Tangshannyou Chemical Industries 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 Mil.

Tangshannyou Chemical Industries Co (SHSE:600409) Change In Inventory Explanation

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

Tangshannyou Chemical Industries 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
	=	1557.5205	/	4296.429	*	365 / 4
	=	33.08

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

Tangshannyou Chemical Industries Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4296.429	/	1557.5205
	=	2.76

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.

Tangshannyou Chemical Industries Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1557.5205	/	5215.909
	=	0.30

Tangshannyou Chemical Industries Co Change In Inventory Related Terms

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Tangshannyou Chemical Industries Co (SHSE:600409) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Tangshan Sanyou Chemical Industries Co Ltd (SHSE:600409) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

Nanbao Development Zone, Tangshan, Hebei, CHN, 063305

Website

http://www.sanyou-chem.com.cn

Tangshan Sanyou Chemical Industries Co Ltd is principally engaged in the production and sale of chemical products. Sanyou's technical process includes squeezing and pressing method, solid phase, and liquid phase. The company offers dense and light soda ash, hydration dense and extrusion dense soda ash, normal, low salt, super-low salt, and special low soda ash, industrial soda ash, food additive soda ash, viscose fiber, PVC and caustic soda products. In addition, the company offers salt products comprising industry salt, refined powder salt, industrial washing brine and magnesium chloride.

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