Shenzhen Topraysolar Co (SZSE:002218) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Shenzhen Topraysolar Co Change In Inventory?

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

Shenzhen Topraysolar Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥26 Mil. It means Shenzhen Topraysolar Co's inventory declined by ¥26 Mil from Dec. 2022 to Dec. 2023 .

Shenzhen Topraysolar Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥469 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shenzhen Topraysolar Co's Days Inventory for the quarter that ended in Mar. 2024 was 197.82.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shenzhen Topraysolar Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.46.

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. Shenzhen Topraysolar Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.65.

Shenzhen Topraysolar Co Change In Inventory Historical Data

The historical data trend for Shenzhen Topraysolar 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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Shenzhen Topraysolar Co Change In Inventory Chart

Shenzhen Topraysolar Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-10.41

-50.60

-23.18

-107.25

25.98

Shenzhen Topraysolar 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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Shenzhen Topraysolar 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.

Shenzhen Topraysolar Co (SZSE:002218) Change In Inventory Explanation

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

Shenzhen Topraysolar 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
	=	467.8615	/	215.816	*	365 / 4
	=	197.82

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

Shenzhen Topraysolar Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	215.816	/	467.8615
	=	0.46

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.

Shenzhen Topraysolar Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	467.8615	/	283.472
	=	1.65

Shenzhen Topraysolar Co Change In Inventory Related Terms

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Shenzhen Topraysolar Co (SZSE:002218) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Shenzhen Topraysolar Co Ltd (SZSE:002218) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

Songbai Road, Nangang No.1 Industrial Park, Building 9 & 10, Xili, Nanshan District, Shenzhen, Guangdong, CHN, 518108

Website

http://www.topraysolar.com

Shenzhen Topraysolar Co Ltd is a solar manufacturer based in China. The company's main business operations cover the development, production, and sale of solar battery chips, components, solar application products, solar power system, solar energy absorbers and water heater system. The company has a global presence across Africa, Europe, and North America.

Executives

Chen Chen	Director
Yang Guo Qiang	Directors, executives
Li Fen Li	Director
Chen Wu Kui	Directors, executives
Jian Jin Ying	Securities Affairs Representative
Ma Xiao Gang	Supervisors

Shenzhen Topraysolar Co (SZSE:002218) Headlines

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