Chongqing Zhengchuan Pharmaceutical Packaging Co (SHSE:603976) Change In Inventory : ¥0.0 Mil (TTM As of Mar. 2024)

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What is Chongqing Zhengchuan Pharmaceutical Packaging Co Change In Inventory?

Chongqing Zhengchuan Pharmaceutical Packaging Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means Chongqing Zhengchuan Pharmaceutical Packaging Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Chongqing Zhengchuan Pharmaceutical Packaging Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥10.2 Mil. It means Chongqing Zhengchuan Pharmaceutical Packaging Co's inventory declined by ¥10.2 Mil from Dec. 2022 to Dec. 2023 .

Chongqing Zhengchuan Pharmaceutical Packaging Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥203.3 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Chongqing Zhengchuan Pharmaceutical Packaging Co's Days Inventory for the quarter that ended in Mar. 2024 was 94.32.

Inventory Turnover measures how fast the company turns over its inventory within a year. Chongqing Zhengchuan Pharmaceutical Packaging Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.97.

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. Chongqing Zhengchuan Pharmaceutical Packaging Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.81.

Chongqing Zhengchuan Pharmaceutical Packaging Co Change In Inventory Historical Data

The historical data trend for Chongqing Zhengchuan Pharmaceutical Packaging 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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Chongqing Zhengchuan Pharmaceutical Packaging Co Change In Inventory Chart

Chongqing Zhengchuan Pharmaceutical Packaging Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-28.19

-6.46

-45.52

-32.47

10.15

Chongqing Zhengchuan Pharmaceutical Packaging 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															-	-	-	-	-

Chongqing Zhengchuan Pharmaceutical Packaging 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.

Chongqing Zhengchuan Pharmaceutical Packaging Co (SHSE:603976) Change In Inventory Explanation

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

Chongqing Zhengchuan Pharmaceutical Packaging 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
	=	200.2305	/	193.722	*	365 / 4
	=	94.32

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

Chongqing Zhengchuan Pharmaceutical Packaging Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	193.722	/	200.2305
	=	0.97

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.

Chongqing Zhengchuan Pharmaceutical Packaging Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	200.2305	/	245.711
	=	0.81

Chongqing Zhengchuan Pharmaceutical Packaging Co Change In Inventory Related Terms

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Chongqing Zhengchuan Pharmaceutical Packaging Co (SHSE:603976) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Chongqing Zhengchuan Pharmaceutical Packaging Co Ltd (SHSE:603976) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Longfeng bridge Street, Zhengchuan glass industrial park, Beibei District, Chongqing, CHN, 400700

Website

http://www.cqzcjt.com

Chongqing Zhengchuan Pharmaceutical Packaging Co Ltd is a China-based company engages in the research, development, production, and sale of medicinal packaging materials such as medicinal glass tubes. It manufactures colorless and brown glass tubular injection bottles, oral liquid bottles, regulation glass tube screw mouth bottle, and ampoules.

Executives

Qin Feng	Director
Xiao Qing	Director
Sun Lian Yun	Director
Jiang Feng An	Director
Fan Yong	Director
Li Zheng De	Director
Deng Bu Jian	Director
Deng Yong	Director
Deng Bu Lin	Director

Chongqing Zhengchuan Pharmaceutical Packaging Co (SHSE:603976) Headlines

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