Ningbo Techmation Co (SHSE:603015) Change In Inventory : ¥0.0 Mil (TTM As of Sep. 2024)

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What is Ningbo Techmation Co Change In Inventory?

Ningbo Techmation Co's change in inventory for the quarter that ended in Sep. 2024 was ¥0.0 Mil. It means Ningbo Techmation Co's inventory stayed the same from Jun. 2024 to Sep. 2024 .

Ningbo Techmation Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥39.3 Mil. It means Ningbo Techmation Co's inventory declined by ¥39.3 Mil from Dec. 2022 to Dec. 2023 .

Ningbo Techmation Co's Total Inventories for the quarter that ended in Sep. 2024 was ¥325.9 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ningbo Techmation Co's Days Inventory for the quarter that ended in Sep. 2024 was 201.79.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ningbo Techmation Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.45.

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. Ningbo Techmation Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.51.

Ningbo Techmation Co Change In Inventory Historical Data

The historical data trend for Ningbo Techmation 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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Ningbo Techmation Co Change In Inventory Chart

Ningbo Techmation Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-21.21

-60.82

-90.96

-12.08

39.30

Ningbo Techmation Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
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Ningbo Techmation 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0.0 Mil.

Ningbo Techmation Co (SHSE:603015) Change In Inventory Explanation

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

Ningbo Techmation 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
	=	322.924	/	146.028	*	365 / 4
	=	201.79

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

Ningbo Techmation Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	146.028	/	322.924
	=	0.45

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.

Ningbo Techmation Co's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	322.924	/	213.756
	=	1.51

Ningbo Techmation Co Change In Inventory Related Terms

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Ningbo Techmation Co Business Description

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Address

No.88 Dagang Fifth Road, Beilun, Ningbo, CHN

Website

http://www.techmation.com.cn

Ningbo Techmation Co Ltd is a supplier of automation system integration in the plastics processing industry, providing high-quality automation system solutions for medium and high-end plastic machinery manufacturers. Its products include iNet, plastic machinery control system, the energy-saving servo system and other automated products and system solution.

Executives

Zheng Qin	senior management
Yu Tian Long	Director
Yin Kun	Director
Ye Hai Ping	senior management
Zhou Xiao Long	Director
Yu Yang	Director

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