Liaoning Kelong Fine Chemical Co (SZSE:300405) Change In Inventory : ¥0.0 Mil (TTM As of Mar. 2024)

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What is Liaoning Kelong Fine Chemical Co Change In Inventory?

Liaoning Kelong Fine Chemical Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means Liaoning Kelong Fine Chemical Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Liaoning Kelong Fine Chemical Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥21.6 Mil. It means Liaoning Kelong Fine Chemical Co's inventory declined by ¥21.6 Mil from Dec. 2022 to Dec. 2023 .

Liaoning Kelong Fine Chemical Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥173.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Liaoning Kelong Fine Chemical Co's Days Inventory for the quarter that ended in Mar. 2024 was 123.63.

Inventory Turnover measures how fast the company turns over its inventory within a year. Liaoning Kelong Fine Chemical Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.74.

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. Liaoning Kelong Fine Chemical Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.26.

Liaoning Kelong Fine Chemical Co Change In Inventory Historical Data

The historical data trend for Liaoning Kelong Fine Chemical 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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Liaoning Kelong Fine Chemical Co Change In Inventory Chart

Liaoning Kelong Fine Chemical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-13.56

-24.30

-13.11

-23.38

21.64

Liaoning Kelong Fine Chemical 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															-	-	-	-	-

Liaoning Kelong Fine Chemical 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.

Liaoning Kelong Fine Chemical Co (SZSE:300405) Change In Inventory Explanation

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

Liaoning Kelong Fine Chemical 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
	=	175.274	/	129.363	*	365 / 4
	=	123.63

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

Liaoning Kelong Fine Chemical Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	129.363	/	175.274
	=	0.74

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.

Liaoning Kelong Fine Chemical Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	175.274	/	139.113
	=	1.26

Liaoning Kelong Fine Chemical Co Change In Inventory Related Terms

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Liaoning Kelong Fine Chemical Co (SZSE:300405) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Liaoning Kelong Fine Chemical Co Ltd (SZSE:300405) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

No. 36, Wanhe 7th Road, Hongwei District, Liaoning Province, Liaoyang City, CHN, 111003

Website

http://www.kelongchem.com

Liaoning Kelong Fine Chemical Co Ltd is a chemical manufacturer. It is engaged in the research, development, production, and application of deep processing technology for ethylene oxide derivatives. It is based on the field of fine chemical new materials and mainly based on ethylene oxide. Its some of the products are Polycarboxylate water reducer, Polycarboxylate water reducing agent.

Executives

Zhou Quan Kai	Directors, executives
Ji Chun Wei	Executives
Li Yan	Director
Jiang Yan	Directors, executives
Pu Yun Jun	Director
Han Xu	Director
Jin Feng Long	Director
Liu Xin	Supervisors
Yang Fu Mei	Supervisors
Wang Xiao Heng	Secretary Dong
Wu Chun Feng	Supervisors
Su Jing Hua	Supervisors
Lin Yan Hua	Supervisors

Liaoning Kelong Fine Chemical Co (SZSE:300405) Headlines

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