Guangdong Taiantang Pharmaceutical Co (SZSE:002433) Change In Inventory : ¥0.0 Mil (TTM As of Mar. 2024)

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What is Guangdong Taiantang Pharmaceutical Co Change In Inventory?

Guangdong Taiantang Pharmaceutical Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means Guangdong Taiantang Pharmaceutical Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Guangdong Taiantang Pharmaceutical Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥90.1 Mil. It means Guangdong Taiantang Pharmaceutical Co's inventory declined by ¥90.1 Mil from Dec. 2022 to Dec. 2023 .

Guangdong Taiantang Pharmaceutical Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥518.4 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Guangdong Taiantang Pharmaceutical Co's Days Inventory for the quarter that ended in Mar. 2024 was 814.71.

Inventory Turnover measures how fast the company turns over its inventory within a year. Guangdong Taiantang Pharmaceutical Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.11.

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. Guangdong Taiantang Pharmaceutical Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 7.49.

Guangdong Taiantang Pharmaceutical Co Change In Inventory Historical Data

The historical data trend for Guangdong Taiantang Pharmaceutical 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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Guangdong Taiantang Pharmaceutical Co Change In Inventory Chart

Guangdong Taiantang Pharmaceutical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-313.81

-451.95

291.59

481.98

90.13

Guangdong Taiantang Pharmaceutical 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															-	-	-	-	-

Guangdong Taiantang Pharmaceutical 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 ¥0.0 Mil.

Guangdong Taiantang Pharmaceutical Co (SZSE:002433) Change In Inventory Explanation

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

Guangdong Taiantang Pharmaceutical 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
	=	514.087	/	57.579	*	365 / 4
	=	814.71

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

Guangdong Taiantang Pharmaceutical Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	57.579	/	514.087
	=	0.11

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.

Guangdong Taiantang Pharmaceutical Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	514.087	/	68.609
	=	7.49

Guangdong Taiantang Pharmaceutical Co Change In Inventory Related Terms

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Guangdong Taiantang Pharmaceutical Co (SZSE:002433) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Guangdong Taiantang Pharmaceutical Co Ltd (SZSE:002433) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

No. 888 North Sichuan Road, 25th Floor, Haitai International Building, Hongkou District, Shanghai, CHN, 200080

Website

http://www.taiantang.net

Guangdong Taiantang Pharmaceutical Co Ltd is a China-based pharmaceutical company engaged in the research, manufacture and sale of high-effect skin-drugs.

Executives

Ke Shao Fang	Directors, executives
Hu Qing Guang	Director
Song Xiu Qing	Director
Ke Shu Quan	Director

Guangdong Taiantang Pharmaceutical Co (SZSE:002433) Headlines

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