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Shengkai Innovations (Shengkai Innovations) Change In Inventory : $0.60 Mil (TTM As of Mar. 2013)


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What is Shengkai Innovations Change In Inventory?

Shengkai Innovations's change in inventory for the quarter that ended in Mar. 2013 was $0.16 Mil. It means Shengkai Innovations's inventory declined by $0.16 Mil from Dec. 2012 to Mar. 2013 .

Shengkai Innovations's change in inventory for the fiscal year that ended in Jun. 2012 was $-0.16 Mil. It means Shengkai Innovations's inventory increased by $0.16 Mil from Jun. 2011 to Jun. 2012 .

Shengkai Innovations's Total Inventories for the quarter that ended in Mar. 2013 was $2.34 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shengkai Innovations's Days Inventory for the quarter that ended in Mar. 2013 was 102.18.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shengkai Innovations's Inventory Turnover for the quarter that ended in Mar. 2013 was 0.89.

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. Shengkai Innovations's Inventory-to-Revenue for the quarter that ended in Mar. 2013 was 0.82.


Shengkai Innovations Change In Inventory Historical Data

The historical data trend for Shengkai Innovations'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.

Shengkai Innovations Change In Inventory Chart

Shengkai Innovations Annual Data
Trend Dec05 Dec06 Dec07 Jun08 Jun09 Jun10 Jun11 Jun12
Change In Inventory
Get a 7-Day Free Trial 0.84 -0.18 -1.64 0.16 -0.16

Shengkai Innovations Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.16 0.18 0.17 0.10 0.16

Shengkai Innovations 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. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.60 Mil.

* 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.


Shengkai Innovations  (OTCPK:VALV) Change In Inventory Explanation

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

Shengkai Innovations's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=2.4165/2.158*365 / 4
=102.18

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

Shengkai Innovations's Inventory Turnover for the quarter that ended in Mar. 2013 is calculated as

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.

Shengkai Innovations's Inventory to Revenue for the quarter that ended in Mar. 2013 is calculated as

* 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.


Shengkai Innovations Change In Inventory Related Terms

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Shengkai Innovations (Shengkai Innovations) Business Description

Traded in Other Exchanges
N/A
Address
No.106, Zhonghuan South Road, Airport Industrial Park, Tianjin, CHN, 300308
Shengkai Innovations Inc is a ceramic valve manufacturer with operations in the People's Republic of China.
Executives
Ming He officer: Chief Financial Officer NO. 106 ZHONGHUAN SOUTH ROAD, AIRPORT INDUSTRIAL PARK, TIANJIN F4 300308
Martin A. Sumichrast 10 percent owner 11125 COLONIAL COUNTRY LANE, CHARLOTTE NC 28277

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