Inner Mongolia OJing Science & Technology Co (SZSE:001269) Change In Inventory : ¥0 Mil (TTM As of Sep. 2024)

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What is Inner Mongolia OJing Science & Technology Co Change In Inventory?

Inner Mongolia OJing Science & Technology Co's change in inventory for the quarter that ended in Sep. 2024 was ¥0 Mil. It means Inner Mongolia OJing Science & Technology Co's inventory stayed the same from Jun. 2024 to Sep. 2024 .

Inner Mongolia OJing Science & Technology Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-448 Mil. It means Inner Mongolia OJing Science & Technology Co's inventory increased by ¥448 Mil from Dec. 2022 to Dec. 2023 .

Inner Mongolia OJing Science & Technology Co's Total Inventories for the quarter that ended in Sep. 2024 was ¥462 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Inner Mongolia OJing Science & Technology Co's Days Inventory for the quarter that ended in Sep. 2024 was 192.07.

Inventory Turnover measures how fast the company turns over its inventory within a year. Inner Mongolia OJing Science & Technology Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.48.

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. Inner Mongolia OJing Science & Technology Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 2.32.

Inner Mongolia OJing Science & Technology Co Change In Inventory Historical Data

The historical data trend for Inner Mongolia OJing Science & Technology 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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Inner Mongolia OJing Science & Technology Co Change In Inventory Chart

Inner Mongolia OJing Science & Technology Co Annual Data

Trend

Dec13

Dec14

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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8.93

-8.96

-18.63

-60.23

-448.20

Inner Mongolia OJing Science & Technology Co Quarterly Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Inner Mongolia OJing Science & Technology 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.

Inner Mongolia OJing Science & Technology Co (SZSE:001269) Change In Inventory Explanation

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

Inner Mongolia OJing Science & Technology 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
	=	518.6935	/	246.428	*	365 / 4
	=	192.07

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

Inner Mongolia OJing Science & Technology Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	246.428	/	518.6935
	=	0.48

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.

Inner Mongolia OJing Science & Technology Co's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	518.6935	/	223.829
	=	2.32

Inner Mongolia OJing Science & Technology Co Change In Inventory Related Terms

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Inner Mongolia OJing Science & Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Inner Mongolia OJing Science & Technology Co Ltd (SZSE:001269) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

No. 31, Amur South Street, Inner Mongolia Autonomous Region, Saihan District, Hohhot, CHN, 010070

Website

http://www.ojingquartz.com

Inner Mongolia OJing Science & Technology Co Ltd is is mainly engaged in the research and development and production of quartz crucibles, the manufacture of quartz parts, the cleaning of silicon materials, and the online recycling and processing of silicon wafer cutting fluids. The company's products and services are widely used in the photovoltaic and semiconductor industries.

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