Zhejiang Kaier New Materials Co (SZSE:300234) Change In Inventory : ¥0.0 Mil (TTM As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Zhejiang Kaier New Materials Co Change In Inventory?

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

Zhejiang Kaier New Materials Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥20.5 Mil. It means Zhejiang Kaier New Materials Co's inventory declined by ¥20.5 Mil from Dec. 2022 to Dec. 2023 .

Zhejiang Kaier New Materials Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥179.4 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zhejiang Kaier New Materials Co's Days Inventory for the quarter that ended in Mar. 2024 was 327.89.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhejiang Kaier New Materials Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.28.

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 Kaier New Materials Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.43.

Zhejiang Kaier New Materials Co Change In Inventory Historical Data

The historical data trend for Zhejiang Kaier New Materials 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.

* Premium members only.

Zhejiang Kaier New Materials Co Change In Inventory Chart

Zhejiang Kaier New Materials Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-53.69

-70.09

-9.17

73.70

20.48

Zhejiang Kaier New Materials 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 Kaier New Materials 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.

Zhejiang Kaier New Materials Co (SZSE:300234) Change In Inventory Explanation

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

Zhejiang Kaier New Materials 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
	=	173.016	/	48.15	*	365 / 4
	=	327.89

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

Zhejiang Kaier New Materials Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	48.15	/	173.016
	=	0.28

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 Kaier New Materials Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	173.016	/	71.304
	=	2.43

Zhejiang Kaier New Materials Co Change In Inventory Related Terms

Thank you for viewing the detailed overview of Zhejiang Kaier New Materials Co's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Zhejiang Kaier New Materials Co (SZSE:300234) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Zhejiang Kaier New Materials Co Ltd (SZSE:300234) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

Caozhai Industrial Zone, Jindong District, Jinhua City, Zhejiang Province, CHN, 3210031

Website

http://www.zjke.com

Zhejiang Kaier New Materials Co Ltd is engaged in the research, development, design, production, promotion, manufacture, and sales of functional enamel materials.

Executives

Xing Han Xue	Directors, executives
Wu Jian Ming	Directors, executives
Liu Yong Zhen	Executives
Xing Han Ke	Directors, executives
Zheng Gen Tu	Executives
Cheng Zhi Yong	Directors, executives
Sheng Lei	Securities Affairs Representative
Fu Jian You	Supervisors
Gu Jin Fang	Director

Zhejiang Kaier New Materials Co (SZSE:300234) Headlines

No Headlines