Jiangsu Tongrun Equipment Technology Co (SZSE:002150) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Jiangsu Tongrun Equipment Technology Co Change In Inventory?

Jiangsu Tongrun Equipment Technology Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Jiangsu Tongrun Equipment Technology Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Jiangsu Tongrun Equipment Technology Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥167 Mil. It means Jiangsu Tongrun Equipment Technology Co's inventory declined by ¥167 Mil from Dec. 2022 to Dec. 2023 .

Jiangsu Tongrun Equipment Technology Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥938 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jiangsu Tongrun Equipment Technology Co's Days Inventory for the quarter that ended in Mar. 2024 was 173.27.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jiangsu Tongrun Equipment Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.53.

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. Jiangsu Tongrun Equipment Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.34.

Jiangsu Tongrun Equipment Technology Co Change In Inventory Historical Data

The historical data trend for Jiangsu Tongrun Equipment Technology 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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Jiangsu Tongrun Equipment Technology Co Change In Inventory Chart

Jiangsu Tongrun Equipment Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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32.50

-48.36

-157.55

12.10

167.16

Jiangsu Tongrun Equipment Technology Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
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Jiangsu Tongrun Equipment Technology 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.

Jiangsu Tongrun Equipment Technology Co (SZSE:002150) Change In Inventory Explanation

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

Jiangsu Tongrun Equipment Technology 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
	=	914.5055	/	481.6	*	365 / 4
	=	173.27

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

Jiangsu Tongrun Equipment Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	481.6	/	914.5055
	=	0.53

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.

Jiangsu Tongrun Equipment Technology Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	914.5055	/	684.324
	=	1.34

Jiangsu Tongrun Equipment Technology Co Change In Inventory Related Terms

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Jiangsu Tongrun Equipment Technology Co (SZSE:002150) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jiangsu Tongrun Equipment Technology Co Ltd (SZSE:002150) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tonggang Road, Zhouxing Tonggang Industrial Development Zone, Jiangsu, Changshu, CHN, 215517

Website

http://www.tongrunindustries.com

Jiangsu Tongrun Equipment Technology Co Ltd is engaged in business of sheet metal products and electrical products. The products of the company include metal toolbox cabinets, steel office furniture, precision sheet metal parts, complete set of electrical control cabinets, and high voltage circuit breakers. The company generates majority of revenue from metal tool manufacturing.

Executives

Cai Lan	Directors, executives
Wang Yue Hong	Directors, executives
Liu Zhen Jiang	Directors, executives
Wang Xiang Yuan	Supervisors
Liu Xiao Yu	Securities Affairs Representative
Gao Jin Xiang	Director
Gu Xiong Bin	Director
Shen Hong	Director

Jiangsu Tongrun Equipment Technology Co (SZSE:002150) Headlines

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