Chongqing Sifang New Materials Co (SHSE:605122) Change In Inventory : ¥0 Mil (TTM As of Sep. 2024)

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What is Chongqing Sifang New Materials Co Change In Inventory?

Chongqing Sifang New Materials Co's change in inventory for the quarter that ended in Sep. 2024 was ¥0 Mil. It means Chongqing Sifang New Materials Co's inventory stayed the same from Jun. 2024 to Sep. 2024 .

Chongqing Sifang New Materials Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-8 Mil. It means Chongqing Sifang New Materials Co's inventory increased by ¥8 Mil from Dec. 2022 to Dec. 2023 .

Chongqing Sifang New Materials Co's Total Inventories for the quarter that ended in Sep. 2024 was ¥38 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Chongqing Sifang New Materials Co's Days Inventory for the quarter that ended in Sep. 2024 was 12.38.

Inventory Turnover measures how fast the company turns over its inventory within a year. Chongqing Sifang New Materials Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 7.37.

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 Sifang New Materials Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.12.

Chongqing Sifang New Materials Co Change In Inventory Historical Data

The historical data trend for Chongqing Sifang New Materials 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 Sifang New Materials Co Change In Inventory Chart

Chongqing Sifang New Materials Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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0.44

0.84

-7.01

-2.93

-8.41

Chongqing Sifang New Materials Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Chongqing Sifang New Materials 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 Mil.

Chongqing Sifang New Materials Co (SHSE:605122) Change In Inventory Explanation

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

Chongqing Sifang New Materials 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
	=	38.7715	/	285.665	*	365 / 4
	=	12.38

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

Chongqing Sifang New Materials Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	285.665	/	38.7715
	=	7.37

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 Sifang New Materials Co's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	38.7715	/	327.972
	=	0.12

Chongqing Sifang New Materials Co Change In Inventory Related Terms

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Chongqing Sifang New Materials Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Chongqing Sifang New Materials Co Ltd (SHSE:605122) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

No. 306, Nanhu Road, Nanpeng Street, Banan District, Chongqing, CHN, 401347

Website

http://www.cqsifang.com

Chongqing Sifang New Materials Co Ltd is a construction material manufacturer that focuses on the research, development, production and sales of commercial concrete and also produces aggregates for construction. The company's products are widely used in infrastructure construction such as roads, bridges, tunnels, water conservancy, and industrial and civil real estate construction.

Executives

Peng Zhi Yong	Supervisors
Yang Xiang	Supervisors
Yang Yong	Director
Li De Zhi	Directors, senior managers
Jiang Hong Bo	Directors, senior managers
Yang Yong Hong	Director
Zhang Wei	senior management
Xie Tao	Directors, senior managers
Li Lu Jing	Director
Yu Jian Zhong	Directors, senior managers

Chongqing Sifang New Materials Co Headlines

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