Baota Industry Co (SZSE:000595) Change In Inventory : ¥0.0 Mil (TTM As of Mar. 2024)

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What is Baota Industry Co Change In Inventory?

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

Baota Industry Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥43.2 Mil. It means Baota Industry Co's inventory declined by ¥43.2 Mil from Dec. 2022 to Dec. 2023 .

Baota Industry Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥191.6 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Baota Industry Co's Days Inventory for the quarter that ended in Mar. 2024 was 293.64.

Inventory Turnover measures how fast the company turns over its inventory within a year. Baota Industry Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.31.

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. Baota Industry Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 3.25.

Baota Industry Co Change In Inventory Historical Data

The historical data trend for Baota Industry 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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Baota Industry Co Change In Inventory Chart

Baota Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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39.22

40.62

-20.28

2.81

43.16

Baota Industry 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															-	-	-	-	-

Baota Industry 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.

Baota Industry Co (SZSE:000595) Change In Inventory Explanation

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

Baota Industry 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
	=	185.8965	/	57.768	*	365 / 4
	=	293.64

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

Baota Industry Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	57.768	/	185.8965
	=	0.31

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.

Baota Industry Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	185.8965	/	57.2
	=	3.25

Baota Industry Co Change In Inventory Related Terms

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Baota Industry Co (SZSE:000595) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Baota Industry Co Ltd (SZSE:000595) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 630 Beijing West Road, Xixia District, Yinchuan, Ningxia, CHN, 750021

Website

http://www.nxz.com.cn

Baota Industry Co Ltd operates in the bearing industry. The company can produce bearings from 40mm to 3500mm in diameter. The products of the company are used in rail transit, military industry, precision motor, petroleum machinery, metallurgy machinery, heavy truck, construction machinery, mining machinery, cement machinery and hydraulic engineering. Its products are sold all over China and exported to over 50 countries and regions, such as Europe, America, Asia, and Africa.

Executives

Xu Hong Chang	Supervisors
Yao Zhan Wen	Executives
Lu Xing Liang	Directors, executives
Du Jian Wen	Executives
Wang Jing Bo	Director
Feng Yu	Directors, executives
Zhou Jia Feng	Directors, executives
Zhao Li Bao	Director
Suo Zhan Hai	Executives
Qian Cheng	Director
Yan Hai Xiang	Executives
Hao Peng	Executives
Wang Yu Cai	Executives
Zhen Hai Yang	Directors, executives
Zhang Li Zhong	Director

Baota Industry Co (SZSE:000595) Headlines

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