Tanac Automation Co (SZSE:300461) Change In Inventory : ¥0.0 Mil (TTM As of Sep. 2024)

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What is Tanac Automation Co Change In Inventory?

Tanac Automation Co's change in inventory for the quarter that ended in Sep. 2024 was ¥0.0 Mil. It means Tanac Automation Co's inventory stayed the same from Jun. 2024 to Sep. 2024 .

Tanac Automation Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-64.7 Mil. It means Tanac Automation Co's inventory increased by ¥64.7 Mil from Dec. 2022 to Dec. 2023 .

Tanac Automation Co's Total Inventories for the quarter that ended in Sep. 2024 was ¥249.3 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tanac Automation Co's Days Inventory for the quarter that ended in Sep. 2024 was 471.11.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tanac Automation Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.19.

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. Tanac Automation Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 2.98.

Tanac Automation Co Change In Inventory Historical Data

The historical data trend for Tanac Automation 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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Tanac Automation Co Change In Inventory Chart

Tanac Automation Co Annual Data

Trend

Dec14

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Dec22

Dec23

Change In Inventory

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114.59

-46.32

35.14

-54.24

-64.68

Tanac Automation Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
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Tanac Automation 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 ¥0.0 Mil.

Tanac Automation Co (SZSE:300461) Change In Inventory Explanation

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

Tanac Automation 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
	=	253.2995	/	49.062	*	365 / 4
	=	471.11

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

Tanac Automation Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	49.062	/	253.2995
	=	0.19

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.

Tanac Automation Co's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	253.2995	/	84.952
	=	2.98

Tanac Automation Co Change In Inventory Related Terms

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Tanac Automation Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tanac Automation Co Ltd (SZSE:300461) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.398, Xinjing Road, Yaozhuang Industrial Park, Zhejiang Province, Jiashan, CHN, 314117

Website

http://www.tanac.com.cn

Tanac Automation Co Ltd manufactures and designs winding machines. The company provides full automation solutions to the consumer electronics industry. In the automotive industry, it provides automatic or semi-automatic assembly, automotive electronic functional testing and other professional fine solutions for the related auto parts manufacturers. The company also provides solutions to the healthcare industry and logistics industry.

Executives

Zhang Yu Long	Directors, executives
Qian Cheng Lin	Director
Teng Ye Kang Cheng	Directors, executives
Xu Yao Sheng	Director

Tanac Automation Co Headlines

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