Zhongzhong Science and Technology (Tianjin) Co (SHSE:603135) Change In Inventory : ¥0.0 Mil (TTM As of Sep. 2024)

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What is Zhongzhong Science and Technology (Tianjin) Co Change In Inventory?

Zhongzhong Science and Technology (Tianjin) Co's change in inventory for the quarter that ended in Sep. 2024 was ¥0.0 Mil. It means Zhongzhong Science and Technology (Tianjin) Co's inventory stayed the same from Jun. 2024 to Sep. 2024 .

Zhongzhong Science and Technology (Tianjin) Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥112.9 Mil. It means Zhongzhong Science and Technology (Tianjin) Co's inventory declined by ¥112.9 Mil from Dec. 2022 to Dec. 2023 .

Zhongzhong Science and Technology (Tianjin) Co's Total Inventories for the quarter that ended in Sep. 2024 was ¥287.2 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zhongzhong Science and Technology (Tianjin) Co's Days Inventory for the quarter that ended in Sep. 2024 was 97.05.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhongzhong Science and Technology (Tianjin) Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.94.

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. Zhongzhong Science and Technology (Tianjin) Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.92.

Zhongzhong Science and Technology (Tianjin) Co Change In Inventory Historical Data

The historical data trend for Zhongzhong Science and Technology (Tianjin) 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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Zhongzhong Science and Technology (Tianjin) Co Change In Inventory Chart

Zhongzhong Science and Technology (Tianjin) Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-90.06

-4.57

-95.77

68.55

112.94

Zhongzhong Science and Technology (Tianjin) Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Inventory	Get a 7-Day Free Trial											-	-	-	-	-

Zhongzhong Science and Technology (Tianjin) 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.

Zhongzhong Science and Technology (Tianjin) Co (SHSE:603135) Change In Inventory Explanation

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

Zhongzhong Science and Technology (Tianjin) 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
	=	266.7375	/	250.798	*	365 / 4
	=	97.05

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

Zhongzhong Science and Technology (Tianjin) Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	250.798	/	266.7375
	=	0.94

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.

Zhongzhong Science and Technology (Tianjin) Co's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	266.7375	/	291.258
	=	0.92

Zhongzhong Science and Technology (Tianjin) Co Change In Inventory Related Terms

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Zhongzhong Science and Technology (Tianjin) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhongzhong Science and Technology (Tianjin) Co Ltd (SHSE:603135) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

No. 65, Gaoxin Avenue, Ring Outer Development Zone, Science and Technology Park, Beichen District, Tianjin, CHN, 300400

Website

https://www.tjzzjt.com

Zhongzhong Science and Technology (Tianjin) Co Ltd is a national-level high-tech enterprise integrating research and development of intelligent equipment and production lines, process and equipment design, manufacturing, technical services and sales. Automatic production lines for wire rod and plate rolling, complete sets of equipment and related spare parts.

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