TIANF (Tianneng Power International) Change In Inventory : $0 Mil (TTM As of Jun. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Tianneng Power International Change In Inventory?

Tianneng Power International's change in inventory for the quarter that ended in Jun. 2024 was $0 Mil. It means Tianneng Power International's inventory stayed the same from Dec. 2023 to Jun. 2024 .

Tianneng Power International's change in inventory for the fiscal year that ended in Dec. 2023 was $-86 Mil. It means Tianneng Power International's inventory increased by $86 Mil from Dec. 2022 to Dec. 2023 .

Tianneng Power International's Total Inventories for the quarter that ended in Jun. 2024 was $1,344 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tianneng Power International's Days Inventory for the quarter that ended in Jun. 2024 was 33.84.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tianneng Power International's Inventory Turnover for the quarter that ended in Jun. 2024 was 5.39.

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. Tianneng Power International's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.18.

Tianneng Power International Change In Inventory Historical Data

The historical data trend for Tianneng Power International'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.

Tianneng Power International Change In Inventory Chart

Tianneng Power International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-112.74

-173.33

-61.25

-384.19

-85.57

Tianneng Power International Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Tianneng Power International 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0 Mil.

Tianneng Power International (OTCPK:TIANF) Change In Inventory Explanation

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

Tianneng Power International's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1210.7815	/	6529.415	*	365 / 2
	=	33.84

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

Tianneng Power International's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6529.415	/	1210.7815
	=	5.39

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.

Tianneng Power International's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1210.7815	/	6880.316
	=	0.18

Tianneng Power International Change In Inventory Related Terms

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

Tianneng Power International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tianneng Power International Ltd (OTCPK:TIANF) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

00819:Hong Kong

Address

18 Harbour Road, Suite 3202, 32nd Floor, Central Plaza, Wanchai, Hong Kong, HKG

Website

https://www.tianneng.com.hk

Tianneng Power International Ltd is an electronic components company. It operates through two business segments: manufacturing business and trading. The company is primarily engaged in manufacturing and selling of lead-acid batteries and battery-related accessories including motive, solar, and wind-powered batteries, lithium battery products, electrical bicycle batteries, and special-purpose batteries mainly used for electrical vehicles, and energy storage battery, among others. A vast majority of revenue is generated by the company's sale of batteries and battery-related accessories segment, and the company earns most of its revenue in The People's Republic of China.

Tianneng Power International Headlines

No Headlines