Shenzhen Original Advanced Compounds Co (SHSE:603991) Change In Inventory : ¥0.0 Mil (TTM As of Jun. 2024)

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What is Shenzhen Original Advanced Compounds Co Change In Inventory?

Shenzhen Original Advanced Compounds Co's change in inventory for the quarter that ended in Jun. 2024 was ¥0.0 Mil. It means Shenzhen Original Advanced Compounds Co's inventory stayed the same from Mar. 2024 to Jun. 2024 .

Shenzhen Original Advanced Compounds Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥11.4 Mil. It means Shenzhen Original Advanced Compounds Co's inventory declined by ¥11.4 Mil from Dec. 2022 to Dec. 2023 .

Shenzhen Original Advanced Compounds Co's Total Inventories for the quarter that ended in Jun. 2024 was ¥79.7 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shenzhen Original Advanced Compounds Co's Days Inventory for the quarter that ended in Jun. 2024 was 163.71.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shenzhen Original Advanced Compounds Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.56.

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. Shenzhen Original Advanced Compounds Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 1.35.

Shenzhen Original Advanced Compounds Co Change In Inventory Historical Data

The historical data trend for Shenzhen Original Advanced Compounds 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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Shenzhen Original Advanced Compounds Co Change In Inventory Chart

Shenzhen Original Advanced Compounds Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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20.87

6.58

20.23

-8.02

11.42

Shenzhen Original Advanced Compounds Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Shenzhen Original Advanced Compounds 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0.0 Mil.

Shenzhen Original Advanced Compounds Co (SHSE:603991) Change In Inventory Explanation

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

Shenzhen Original Advanced Compounds 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
	=	83.073	/	46.305	*	365 / 4
	=	163.71

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

Shenzhen Original Advanced Compounds Co's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	46.305	/	83.073
	=	0.56

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.

Shenzhen Original Advanced Compounds Co's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	83.073	/	61.336
	=	1.35

Shenzhen Original Advanced Compounds Co Change In Inventory Related Terms

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Shenzhen Original Advanced Compounds Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shenzhen Original Advanced Compounds Co Ltd (SHSE:603991) » Definitions » Change In Inventory

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Address

No. 268, North Hengshahe Road, Xinzhuang Industrial Zone, Minhang District, Shanghai, CHN, 201108

Website

http://www.sh-original.com

Shenzhen Original Advanced Compounds Co Ltd engages in the manufacture and sale of special high polymer materials that are used in the production of wires and cables. Its products are widely used as insulation materials or outer sheath materials in the production of wire and cable and optical cable, mainly including 3G/4G RF cable and FTTX cable.

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