Argus (Shanghai) Textile Chemicals Co (SHSE:603790) Change In Inventory : ¥0.0 Mil (TTM As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Argus (Shanghai) Textile Chemicals Co Change In Inventory?

Argus (Shanghai) Textile Chemicals Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means Argus (Shanghai) Textile Chemicals Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Argus (Shanghai) Textile Chemicals Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-23.6 Mil. It means Argus (Shanghai) Textile Chemicals Co's inventory increased by ¥23.6 Mil from Dec. 2022 to Dec. 2023 .

Argus (Shanghai) Textile Chemicals Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥388.8 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Argus (Shanghai) Textile Chemicals Co's Days Inventory for the quarter that ended in Mar. 2024 was 239.60.

Inventory Turnover measures how fast the company turns over its inventory within a year. Argus (Shanghai) Textile Chemicals Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.38.

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. Argus (Shanghai) Textile Chemicals Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.82.

Argus (Shanghai) Textile Chemicals Co Change In Inventory Historical Data

The historical data trend for Argus (Shanghai) Textile Chemicals 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.

Argus (Shanghai) Textile Chemicals Co Change In Inventory Chart

Argus (Shanghai) Textile Chemicals Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-25.12

-22.00

-91.04

55.52

-23.61

Argus (Shanghai) Textile Chemicals 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															-	-	-	-	-

Argus (Shanghai) Textile Chemicals 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 ¥0.0 Mil.

Argus (Shanghai) Textile Chemicals Co (SHSE:603790) Change In Inventory Explanation

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

Argus (Shanghai) Textile Chemicals 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
	=	394.933	/	150.405	*	365 / 4
	=	239.60

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

Argus (Shanghai) Textile Chemicals Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	150.405	/	394.933
	=	0.38

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.

Argus (Shanghai) Textile Chemicals Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	394.933	/	217.125
	=	1.82

Argus (Shanghai) Textile Chemicals Co Change In Inventory Related Terms

Thank you for viewing the detailed overview of Argus (Shanghai) Textile Chemicals Co's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Argus (Shanghai) Textile Chemicals Co (SHSE:603790) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Argus (Shanghai) Textile Chemicals Co Ltd (SHSE:603790) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 388 Jinyuan Liu Road, Jiangqiao, Jiading, Room 275-278, Building 16, Shanghai, CHN, 201812

Website

http://www.argus.net.cn

Argus (Shanghai) Textile Chemicals Co Ltd is a Chinese company that manufactures dyes. The company is specialized in the research and development, manufacturing and marketing of textile chemicals and providing technical support services for several specialties. It offers Dyes for cellulose, polyamide, wool, polyester, and silk. While its other products categories include Argasoft products and other auxiliary services related to dying.

Argus (Shanghai) Textile Chemicals Co (SHSE:603790) Headlines

No Headlines