Nanning Baling Technology Co (SZSE:002592) Change In Inventory : ¥0.0 Mil (TTM As of Mar. 2024)

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What is Nanning Baling Technology Co Change In Inventory?

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

Nanning Baling Technology Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-16.5 Mil. It means Nanning Baling Technology Co's inventory increased by ¥16.5 Mil from Dec. 2022 to Dec. 2023 .

Nanning Baling Technology Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥138.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nanning Baling Technology Co's Days Inventory for the quarter that ended in Mar. 2024 was 128.19.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nanning Baling Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.71.

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. Nanning Baling Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.04.

Nanning Baling Technology Co Change In Inventory Historical Data

The historical data trend for Nanning Baling 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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Nanning Baling Technology Co Change In Inventory Chart

Nanning Baling Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-50.07

-12.41

8.32

48.93

-16.54

Nanning Baling Technology 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															-	-	-	-	-

Nanning Baling 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0.0 Mil.

Nanning Baling Technology Co (SZSE:002592) Change In Inventory Explanation

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

Nanning Baling 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
	=	126.8185	/	90.276	*	365 / 4
	=	128.19

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

Nanning Baling Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	90.276	/	126.8185
	=	0.71

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.

Nanning Baling Technology Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	126.8185	/	121.44
	=	1.04

Nanning Baling Technology Co Change In Inventory Related Terms

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Nanning Baling Technology Co (SZSE:002592) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nanning Baling Technology Co Ltd (SZSE:002592) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.1, Kede Road, Industrial Park, High-tech Zone, Guangxi Zhuang Autonomous Region, Nanning, CHN, 530003

Website

http://www.baling.com.cn

Nanning Baling Technology Co Ltd is a Chinese high-tech company engaged in the research and manufacturing of Copper and Aluminium tube-fin heat exchanger products. The company's products have application in the fields of automobile, engineering machinery, defense equipment and computer. The products offered by the company are sold in China and also exported to other countries. Its product portfolio comprises zigzag fin, double corrugated fin, passenger car air heater blower, medium bus radiator, and others.

Executives

Huang Zhi Qiang	Directors, executives
Huang Sheng Tian	Executives
Zhang Hui	Securities Affairs Representative
Gu Yu	Directors, executives
Cheng Qi Zhi	Director
Luo Qin	Directors, executives
Wei Yuan Hai	Supervisors
Liu Han Qiao	Supervisors
Yang Jing Yu	Executives
Huang Jin Ye	Supervisors

Nanning Baling Technology Co (SZSE:002592) Headlines

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