Tofflon Science and Technology Group Co (SZSE:300171) Change In Inventory : ¥0 Mil (TTM As of Sep. 2024)

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What is Tofflon Science and Technology Group Co Change In Inventory?

Tofflon Science and Technology Group Co's change in inventory for the quarter that ended in Sep. 2024 was ¥0 Mil. It means Tofflon Science and Technology Group Co's inventory stayed the same from Jun. 2024 to Sep. 2024 .

Tofflon Science and Technology Group Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥196 Mil. It means Tofflon Science and Technology Group Co's inventory declined by ¥196 Mil from Dec. 2022 to Dec. 2023 .

Tofflon Science and Technology Group Co's Total Inventories for the quarter that ended in Sep. 2024 was ¥3,519 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tofflon Science and Technology Group Co's Days Inventory for the quarter that ended in Sep. 2024 was 368.54.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tofflon Science and Technology Group Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.25.

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. Tofflon Science and Technology Group Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 2.92.

Tofflon Science and Technology Group Co Change In Inventory Historical Data

The historical data trend for Tofflon Science and Technology 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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Tofflon Science and Technology Group Co Change In Inventory Chart

Tofflon Science and Technology Group Co Annual Data

Trend

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Dec23

Change In Inventory

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-127.55

-179.91

-1,540.54

-750.27

195.92

Tofflon Science and Technology Group Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Tofflon Science and Technology 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0 Mil.

Tofflon Science and Technology Group Co (SZSE:300171) Change In Inventory Explanation

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

Tofflon Science and Technology 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
	=	3495.762	/	865.557	*	365 / 4
	=	368.54

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

Tofflon Science and Technology Group Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	865.557	/	3495.762
	=	0.25

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.

Tofflon Science and Technology Group Co's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3495.762	/	1198.678
	=	2.92

Tofflon Science and Technology Group Co Change In Inventory Related Terms

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Tofflon Science and Technology Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Tofflon Science and Technology Group Co Ltd (SZSE:300171) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

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Address

1509 Duhui Road, Building No. 4, Minhang District, Shanghai, CHN, 201108

Website

http://www.tofflon.com

Tofflon Science and Technology Group Co Ltd manufactures and sells pharmaceutical freeze dryers. The company offers laboratory, pilot, production, and mass-production freeze dryers.

Executives

Zheng Xiao Dong	Directors, executives
Chang Cheng	Executives
Zheng Jin Wang	Directors, executives
Tang Hui Xing	Director
Zhang Hai Bin	Directors, executives
Xu Zhi Jun	Executives
Wu Zhang Xin	Executives
Xiong Fang Jun	Directors, executives
Wang Yan	Securities Affairs Representative
Zhou Xue Mei	Supervisors
Zheng Xiao You	Directors, executives

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