Beijing Tianyishangjia New Material (SHSE:688033) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Beijing Tianyishangjia New Material Change In Inventory?

Beijing Tianyishangjia New Material's change in inventory for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Beijing Tianyishangjia New Material's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Beijing Tianyishangjia New Material's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-697 Mil. It means Beijing Tianyishangjia New Material's inventory increased by ¥697 Mil from Dec. 2022 to Dec. 2023 .

Beijing Tianyishangjia New Material's Total Inventories for the quarter that ended in Mar. 2024 was ¥971 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Beijing Tianyishangjia New Material's Days Inventory for the quarter that ended in Mar. 2024 was 231.70.

Inventory Turnover measures how fast the company turns over its inventory within a year. Beijing Tianyishangjia New Material's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.39.

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. Beijing Tianyishangjia New Material's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.80.

Beijing Tianyishangjia New Material Change In Inventory Historical Data

The historical data trend for Beijing Tianyishangjia New Material'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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Beijing Tianyishangjia New Material Change In Inventory Chart

Beijing Tianyishangjia New Material Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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11.26

-14.19

-54.35

-120.27

-697.17

Beijing Tianyishangjia New Material Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
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Beijing Tianyishangjia New Material 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.

Beijing Tianyishangjia New Material (SHSE:688033) Change In Inventory Explanation

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

Beijing Tianyishangjia New Material's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	973.67	/	383.458	*	365 / 4
	=	231.70

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

Beijing Tianyishangjia New Material's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	383.458	/	973.67
	=	0.39

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.

Beijing Tianyishangjia New Material's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	973.67	/	347.417
	=	2.80

Beijing Tianyishangjia New Material Change In Inventory Related Terms

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Beijing Tianyishangjia New Material (SHSE:688033) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Beijing Tianyishangjia New Material Corp Ltd (SHSE:688033) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

500 meters north of South Railway Road, Xixinli Village, Shangzhuang Town, Haidian District, Beijing, CHN, 100094

Website

http://www.bjtysj.com

Beijing Tianyishangjia New Material Corp Ltd Is engaged in the research and development, production and sales of powder metallurgy brakes and locomotives, urban rail brakes and brake shoes for high-speed trains.

Executives

Long Bo	Core technical personnel
Hu Chen	Core technical personnel
Wu Peng	Directors, senior managers
Yang Kai Lin	Directors, senior managers
Cheng Jing Lin	Core technical personnel
Wu Pei Fang	Director, core technical staff
Xia Fei	senior management
Liu Shuai	senior management
Cao Jing Wu	Senior management, core technical personnel
Shi Jia Cai Rang	Directors, senior managers, core technical personn
Hou Yu Bo	senior management

Beijing Tianyishangjia New Material (SHSE:688033) Headlines

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