Optics Technology Holding Co (SZSE:300489) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Optics Technology Holding Co Change In Inventory?

Optics Technology Holding Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Optics Technology Holding Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Optics Technology Holding Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-148 Mil. It means Optics Technology Holding Co's inventory increased by ¥148 Mil from Dec. 2022 to Dec. 2023 .

Optics Technology Holding Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥761 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Optics Technology Holding Co's Days Inventory for the quarter that ended in Mar. 2024 was 352.83.

Inventory Turnover measures how fast the company turns over its inventory within a year. Optics Technology Holding Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.26.

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. Optics Technology Holding Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 3.07.

Optics Technology Holding Co Change In Inventory Historical Data

The historical data trend for Optics Technology Holding 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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Optics Technology Holding Co Change In Inventory Chart

Optics Technology Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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1.44

-21.39

-257.58

-196.52

-148.47

Optics Technology Holding 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															-	-	-	-	-

Optics Technology Holding 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 Mil.

Optics Technology Holding Co (SZSE:300489) Change In Inventory Explanation

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

Optics Technology Holding 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
	=	719.011	/	185.955	*	365 / 4
	=	352.83

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	185.955	/	719.011
	=	0.26

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	719.011	/	234.498
	=	3.07

Optics Technology Holding Co Change In Inventory Related Terms

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Optics Technology Holding Co (SZSE:300489) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Optics Technology Holding Co Ltd (SZSE:300489) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

No. 5, 8th Avenue, Pingfang District, Nancheng, Harbin, CHN, 150060

Website

http://www.zfgf.cc

Optics Technology Holding Co Ltd, formerly Harbin ZhongFei New Technology Co Ltd is a manufacturer of high-performance aluminum alloy materials and machined parts. Its engaged in production, sales of mechanical equipment, instrumentation, mechanical processing, industrial automation technology development and technical services. It belongs to the field of new materials technology and new energy and energy-saving technologies. Its products are aluminum alloy forgings, extrusions, and machine parts.

Executives

Gong Tao	Directors, executives
Liu Liu	Director
Gao Shu Zeng	Executives
Zhang Chun Bo	Directors, executives
Shi Yong Sheng	Supervisors
Zhang Yong	Supervisors
Wang Chun Yu	Directors, executives
Li Hai Bing	Secretary, Director
Wang Gui Xiang	Supervisors

Optics Technology Holding Co (SZSE:300489) Headlines

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