TANH (Tantech Holdings) Change In Inventory : $-0.36 Mil (TTM As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Tantech Holdings Change In Inventory?

Tantech Holdings's change in inventory for the quarter that ended in Dec. 2023 was $0.14 Mil. It means Tantech Holdings's inventory declined by $0.14 Mil from Jun. 2023 to Dec. 2023 .

Tantech Holdings's change in inventory for the fiscal year that ended in Dec. 2023 was $-0.36 Mil. It means Tantech Holdings's inventory increased by $0.36 Mil from Dec. 2022 to Dec. 2023 .

Tantech Holdings's Total Inventories for the quarter that ended in Dec. 2023 was $1.24 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tantech Holdings's Days Inventory for the quarter that ended in Dec. 2023 was 10.72.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tantech Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 17.03.

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. Tantech Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.05.

Tantech Holdings Change In Inventory Historical Data

The historical data trend for Tantech Holdings'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.

Tantech Holdings Change In Inventory Chart

Tantech Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

0.24

-0.13

-0.74

0.04

-0.36

Tantech Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-0.70	0.04	-	-0.50	0.14

Tantech Holdings 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.36 Mil.

Tantech Holdings (NAS:TANH) Change In Inventory Explanation

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

Tantech Holdings's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1.26	/	21.458	*	365 / 2
	=	10.72

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

Tantech Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	21.458	/	1.26
	=	17.03

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.

Tantech Holdings's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.26	/	27.577
	=	0.05

Tantech Holdings Change In Inventory Related Terms

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

Tantech Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tantech Holdings Ltd (NAS:TANH) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Tantech Holdings (Lishui) Co., Ltd, No. 10 Cen Shan Road, Shuige Industrial Zone, Zhejiang Province, Lishui, CHN, 323000

Website

http://www.tantech.cn

Tantech Holdings Ltd manufactures bamboo charcoal-based products. The company through its subsidiaries is engaged in the production and distribution of household products along with a trading business which involves the export of charcoal products. It also manufactures electric double-layer capacitors carbon materials and low-emission barbecue charcoal. Its product portfolio includes air purifiers and humidifiers, underfloor humidity control, pillows and mattresses, wardrobe deodorizers, mousepads, and wrist mats, refrigerator deodorant, and charcoal toilet cleaner disks. The company has two reportable segments; the Consumer Product segment, and the Electric Vehicle (EV) segment.