Gotion High-tech Co (SZSE:002074) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Gotion High-tech Co Change In Inventory?

Gotion High-tech Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Gotion High-tech Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Gotion High-tech Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥1,991 Mil. It means Gotion High-tech Co's inventory declined by ¥1,991 Mil from Dec. 2022 to Dec. 2023 .

Gotion High-tech Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥5,438 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gotion High-tech Co's Days Inventory for the quarter that ended in Mar. 2024 was 82.24.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gotion High-tech Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.11.

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. Gotion High-tech Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.74.

Gotion High-tech Co Change In Inventory Historical Data

The historical data trend for Gotion High-tech 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.

* Premium members only.

Gotion High-tech Co Change In Inventory Chart

Gotion High-tech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-2,001.87

717.57

-1,095.35

-3,211.67

1,991.38

Gotion High-tech 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															-	-	-	-	-

Gotion High-tech 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.

Gotion High-tech Co (SZSE:002074) Change In Inventory Explanation

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

Gotion High-tech 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
	=	5558.4115	/	6167.015	*	365 / 4
	=	82.24

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

Gotion High-tech Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6167.015	/	5558.4115
	=	1.11

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.

Gotion High-tech Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	5558.4115	/	7507.914
	=	0.74

Gotion High-tech Co Change In Inventory Related Terms

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

Gotion High-tech Co (SZSE:002074) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Gotion High-tech Co Ltd (SZSE:002074) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

No. 599 Daihe Road, Xinzhan District, Hefei, CHN, 230012

Website

http://www.gotion.com.cn

Established in 2006 in Hefei, Anhui province, Gotion High-tech, is one of the first enterprises engaged in research, production, and sales of rechargeable lithium-ion batteries for NEVs in China. Its main products include lithium iron phosphate materials and batteries, ternary batteries, battery packs, and energy storage batteries. The products are widely used in new energy passenger vehicles, commercial vehicles, energy storage power plants, communication base stations, and so on. Gotion ranked eighth among global EV battery companies with 3% market share in 2022 in terms of installed capacity, and fourth in China with 5% market share. The company is 25%-owned by Volkswagen Group with Chairman Li Zhen holding around 7%.

Executives

An Dong Liang	Executives
	Director
Wu Yong Gang	Executives
Hou Fei	Executives
Peng Ming	Supervisors
Huang Zhang Xi	Executives
	Director
Song Jin Bao	Executives
Yang Xu Lai	Director
Li Zhen	Directors, executives
Shen Qiang Sheng	Securities Affairs Representative
Fang Xin Yu	Executives
Ma Gui Fu	Directors, executives
Hu Jiang Lin	Directors, executives
Qiu Wei Dong	Directors, executives

Gotion High-tech Co (SZSE:002074) Headlines

No Headlines