Sokan New Materials Group Co (SHSE:688157) Change In Inventory : ¥0.0 Mil (TTM As of Mar. 2025)

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What is Sokan New Materials Group Co Change In Inventory?

Sokan New Materials Group Co's change in inventory for the quarter that ended in Mar. 2025 was ¥0.0 Mil. It means Sokan New Materials Group Co's inventory stayed the same from Dec. 2024 to Mar. 2025 .

Sokan New Materials Group Co's change in inventory for the fiscal year that ended in Dec. 2024 was ¥-46.3 Mil. It means Sokan New Materials Group Co's inventory increased by ¥46.3 Mil from Dec. 2023 to Dec. 2024 .

Sokan New Materials Group Co's Total Inventories for the quarter that ended in Mar. 2025 was ¥147.6 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sokan New Materials Group Co's Days Inventory for the quarter that ended in Mar. 2025 was 148.17.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sokan New Materials Group Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.62.

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. Sokan New Materials Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.92.

Sokan New Materials Group Co Change In Inventory Historical Data

The historical data trend for Sokan New Materials Group 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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Sokan New Materials Group Co Change In Inventory Chart

Sokan New Materials Group Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Inventory

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8.70

-19.86

-3.72

-19.30

-46.32

Sokan New Materials Group Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Sokan New Materials Group 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0.0 Mil.

Sokan New Materials Group Co (SHSE:688157) Change In Inventory Explanation

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

Sokan New Materials Group 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
	=	140.847	/	86.742	*	365 / 4
	=	148.17

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

Sokan New Materials Group Co's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	86.742	/	140.847
	=	0.62

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.

Sokan New Materials Group Co's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	140.847	/	153.116
	=	0.92

Sokan New Materials Group Co Change In Inventory Related Terms

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Sokan New Materials Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sokan New Materials Group Co Ltd (SHSE:688157) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.777, Sanhuan North Road, Ningxiang Economic and Technological Development Zone, Hunan Province, Ningxiang, CHN, 410600

Website

http://www.sokan.com.cn

Sokan New Materials Group Co Ltd is engaged in the production and sales of new functional coating materials such as paints and special inks. It provides services to market segments such as mobile phones and related accessories, notebook computers and related accessories, wearable devices, and smart home appliances, passenger cars.

Executives

	Director
Wang Wei Guo	Directors, senior managers
Yang Bo	Director
Wu Song	Director
Li Ping	Core technical personnel
Zhang Ying Qiang	senior management
Mou Pei Kai	Director
Xu Rui Hong	Supervisors
Tang Xiao Qin	Supervisors
Li Yu Liang	Core technical personnel
Wu Jun Yun	senior management

Sokan New Materials Group Co Headlines

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