Tianyang New material (Shanghai) Technology Co (SHSE:603330) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Tianyang New material (Shanghai) Technology Co Change In Inventory?

Tianyang New material (Shanghai) Technology Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Tianyang New material (Shanghai) Technology Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Tianyang New material (Shanghai) Technology Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥159 Mil. It means Tianyang New material (Shanghai) Technology Co's inventory declined by ¥159 Mil from Dec. 2022 to Dec. 2023 .

Tianyang New material (Shanghai) Technology Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥267 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tianyang New material (Shanghai) Technology Co's Days Inventory for the quarter that ended in Mar. 2024 was 93.15.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tianyang New material (Shanghai) Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.98.

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. Tianyang New material (Shanghai) Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.85.

Tianyang New material (Shanghai) Technology Co Change In Inventory Historical Data

The historical data trend for Tianyang New material (Shanghai) Technology 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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Tianyang New material (Shanghai) Technology Co Change In Inventory Chart

Tianyang New material (Shanghai) Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-42.71

-32.21

-95.35

-202.43

159.45

Tianyang New material (Shanghai) Technology 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															-	-	-	-	-

Tianyang New material (Shanghai) Technology 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.

Tianyang New material (Shanghai) Technology Co (SHSE:603330) Change In Inventory Explanation

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

Tianyang New material (Shanghai) Technology 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
	=	246.3965	/	241.375	*	365 / 4
	=	93.15

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

Tianyang New material (Shanghai) Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	241.375	/	246.3965
	=	0.98

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.

Tianyang New material (Shanghai) Technology Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	246.3965	/	289.648
	=	0.85

Tianyang New material (Shanghai) Technology Co Change In Inventory Related Terms

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Tianyang New material (Shanghai) Technology Co (SHSE:603330) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Tianyang New material (Shanghai) Technology Co Ltd (SHSE:603330) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 505, Huiping Road, Nanxiang Town, Jiading District, Shanghai, CHN, 201802

Website

http://www.hotmelt.com.cn

Tianyang New material (Shanghai) Technology Co Ltd formerly Shanghai Tianyang Hot Melt Adhesives Co Ltd is principally engaged in research and development, manufacture and sales of thermoplastic environmental protection adhesive materials. It offers copolyester and copolyamide powders; and web, film, and PUR adhesives; adhesive tapes and EVA solar films; and hot melt adhesive particles, powders, and films. Its products are mainly applied in the fields of shoes and clothes, automotive trims, solar cell packaging, household textiles, electronics, industrial filtration, hot melt adhesive products, printing and packaging, furnishings and coating, among others.

Executives

Ma Xi Mei	Director
Li Tie Shan	Director
Li Zhe Long	Director
Shang Xiao Lu	Director
Sun Gao Feng	Supervisors
Zhang Jian Hong	Supervisors
Ma Sheng Jia	Supervisors
Zhu Wan Yu	Director

Tianyang New material (Shanghai) Technology Co (SHSE:603330) Headlines

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