Changzhou Fusion New Material Co (SHSE:688503) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Changzhou Fusion New Material Co Change In Inventory?

Changzhou Fusion New Material Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Changzhou Fusion New Material Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Changzhou Fusion New Material Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-704 Mil. It means Changzhou Fusion New Material Co's inventory increased by ¥704 Mil from Dec. 2022 to Dec. 2023 .

Changzhou Fusion New Material Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥1,111 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Changzhou Fusion New Material Co's Days Inventory for the quarter that ended in Mar. 2024 was 41.06.

Inventory Turnover measures how fast the company turns over its inventory within a year. Changzhou Fusion New Material Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.22.

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. Changzhou Fusion New Material Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.41.

Changzhou Fusion New Material Co Change In Inventory Historical Data

The historical data trend for Changzhou Fusion New Material 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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Changzhou Fusion New Material Co Change In Inventory Chart

Changzhou Fusion New Material Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-54.19

-201.42

-248.94

-72.56

-704.31

Changzhou Fusion New Material Co Quarterly Data
	Dec18	Dec19	Mar20	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial											-	-	-	-	-

Changzhou Fusion New Material 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.

Changzhou Fusion New Material Co (SHSE:688503) Change In Inventory Explanation

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

Changzhou Fusion New Material 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
	=	1219.0945	/	2709.586	*	365 / 4
	=	41.06

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

Changzhou Fusion New Material Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2709.586	/	1219.0945
	=	2.22

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.

Changzhou Fusion New Material Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1219.0945	/	2953.156
	=	0.41

Changzhou Fusion New Material Co Change In Inventory Related Terms

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Changzhou Fusion New Material Co (SHSE:688503) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Changzhou Fusion New Material Co Ltd (SHSE:688503) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

No. 66 Liuyanghe Road, Xinbei District, Jiangsu Province, Changzhou, CHN, 213031

Website

http://www.fusion-cz.com

Changzhou Fusion New Material Co Ltd specializes in the research and development, production and sales of new electronic pastes. The company's main product is front silver paste for solar cells. Front silver paste is a functional material based on silver powder, which is the key material for the preparation of solar cell metal electrodes. Its product performance and preparation process are directly related to the photoelectric conversion efficiency of solar cells.

Executives

Ren Yi Chao

Core technical personnel

Changzhou Fusion New Material Co (SHSE:688503) Headlines

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