Henan Mingtai Al Industrial Co (SHSE:601677) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Henan Mingtai Al Industrial Co Change In Inventory?

Henan Mingtai Al Industrial Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Henan Mingtai Al Industrial Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Henan Mingtai Al Industrial Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-283 Mil. It means Henan Mingtai Al Industrial Co's inventory increased by ¥283 Mil from Dec. 2022 to Dec. 2023 .

Henan Mingtai Al Industrial Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥4,584 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Henan Mingtai Al Industrial Co's Days Inventory for the quarter that ended in Mar. 2024 was 62.26.

Inventory Turnover measures how fast the company turns over its inventory within a year. Henan Mingtai Al Industrial Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.47.

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. Henan Mingtai Al Industrial Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.61.

Henan Mingtai Al Industrial Co Change In Inventory Historical Data

The historical data trend for Henan Mingtai Al Industrial 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.

* Premium members only.

Henan Mingtai Al Industrial Co Change In Inventory Chart

Henan Mingtai Al Industrial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-714.38

-379.85

-1,375.26

-167.95

-283.02

Henan Mingtai Al Industrial Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Henan Mingtai Al Industrial 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.

Henan Mingtai Al Industrial Co (SHSE:601677) Change In Inventory Explanation

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

Henan Mingtai Al Industrial 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
	=	4361.7665	/	6392.28	*	365 / 4
	=	62.26

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

Henan Mingtai Al Industrial Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6392.28	/	4361.7665
	=	1.47

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.

Henan Mingtai Al Industrial Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4361.7665	/	7185.389
	=	0.61

Henan Mingtai Al Industrial Co Change In Inventory Related Terms

Thank you for viewing the detailed overview of Henan Mingtai Al Industrial Co's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Henan Mingtai Al Industrial Co (SHSE:601677) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Henan Mingtai Al Industrial Co Ltd (SHSE:601677) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

Huiguo Town Development Zone, Henan Province, Gongyi, CHN, 451283

Website

http://hnmtybk.cnal.com/profile.shtml

Henan Mingtai Al Industrial Co Ltd is a China based aluminum processing enterprise. It is involved in the producing and selling aluminum products. The products offered by the company include CTP plate stock, PS plate stock, aluminum electrode capacitor foil, foil stock, deep-draw stock, brazing sheet, alloy sheet and plate, and others. The products are used in different industries such as automobile making, traffic and transportation, packaging and containers, buildings and decorations, electrical and electronic, printing, among others. The company has the business presence in China and other international countries.

Executives

Wang Li Jiao	senior management
Lei Peng	senior management
Hua Xin Min	Director
Sun Jun Xun	senior management
Sun Hui Peng	Supervisors
Liu Jie	Directors, senior managers
He Zhi Gang	senior management
Du You Dong	Director
Hao Ming Xia	senior management
Li Hao Jie	Supervisors
Lei Jing Guo	Director
Ma Yue Ping	Supervisors

Henan Mingtai Al Industrial Co (SHSE:601677) Headlines

No Headlines