Zhejiang Zhongcheng Packing Material Co (SZSE:002522) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Zhejiang Zhongcheng Packing Material Co Change In Inventory?

Zhejiang Zhongcheng Packing Material Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Zhejiang Zhongcheng Packing Material Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Zhejiang Zhongcheng Packing Material Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-23 Mil. It means Zhejiang Zhongcheng Packing Material Co's inventory increased by ¥23 Mil from Dec. 2022 to Dec. 2023 .

Zhejiang Zhongcheng Packing Material Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥544 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zhejiang Zhongcheng Packing Material Co's Days Inventory for the quarter that ended in Mar. 2024 was 171.12.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhejiang Zhongcheng Packing Material Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.53.

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. Zhejiang Zhongcheng Packing Material Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.55.

Zhejiang Zhongcheng Packing Material Co Change In Inventory Historical Data

The historical data trend for Zhejiang Zhongcheng Packing Material 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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Zhejiang Zhongcheng Packing Material Co Change In Inventory Chart

Zhejiang Zhongcheng Packing Material Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-72.14

-32.65

-89.55

-45.50

-23.13

Zhejiang Zhongcheng Packing Material 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															-	-	-	-	-

Zhejiang Zhongcheng Packing Material 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 Mil.

Zhejiang Zhongcheng Packing Material Co (SZSE:002522) Change In Inventory Explanation

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

Zhejiang Zhongcheng Packing Material 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
	=	584.0835	/	311.469	*	365 / 4
	=	171.12

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

Zhejiang Zhongcheng Packing Material Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	311.469	/	584.0835
	=	0.53

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.

Zhejiang Zhongcheng Packing Material Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	584.0835	/	377.993
	=	1.55

Zhejiang Zhongcheng Packing Material Co Change In Inventory Related Terms

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Zhejiang Zhongcheng Packing Material Co (SZSE:002522) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Zhejiang Zhongcheng Packing Material Co Ltd (SZSE:002522) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

NO.26 LIU XI Road, Jiashan Economic Development Zone, Jiashan, Zhejiang, CHN, 314100

Website

http://www.zjzhongda.com

Zhejiang Zhongcheng Packing Material Co Ltd is engaged in developing, manufacturing and selling multi-layer co-extruded polyolefin shrink film packaging products. The company's products include Polyolefin Shrink Film, Cross-Linked Shrink Film, Anti Fog Cross-Linked Shrink Film, High-Performance Shrink Film, Printed Film and Special Shrink Film Items.

Executives

Chen Jian	Directors, executives
Huang Xu Sheng	Executives
Ma Li Sheng	Executives
Pan De Xiang	Executives
Hang A Gen	Supervisors
Chu Jun Tao	Securities Affairs Representative
Wu Jun	Directors, Directors, and Executives
Zhao Zhong Ce	Director
Wang Ping	Independent director
Zhan Yue Qiang	Supervisors
Chen Da Kui	Directors, executives

Zhejiang Zhongcheng Packing Material Co (SZSE:002522) Headlines

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