Henan Tong-Da Cable Co (SZSE:002560) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Henan Tong-Da Cable Co Change In Inventory?

Henan Tong-Da Cable Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Henan Tong-Da Cable Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Henan Tong-Da Cable Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥156 Mil. It means Henan Tong-Da Cable Co's inventory declined by ¥156 Mil from Dec. 2022 to Dec. 2023 .

Henan Tong-Da Cable Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥705 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Henan Tong-Da Cable Co's Days Inventory for the quarter that ended in Mar. 2024 was 56.39.

Inventory Turnover measures how fast the company turns over its inventory within a year. Henan Tong-Da Cable Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.62.

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. Henan Tong-Da Cable Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.56.

Henan Tong-Da Cable Co Change In Inventory Historical Data

The historical data trend for Henan Tong-Da Cable 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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Henan Tong-Da Cable Co Change In Inventory Chart

Henan Tong-Da Cable Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-11.50

-80.79

-73.63

-187.65

156.22

Henan Tong-Da Cable 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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Henan Tong-Da Cable 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.

Henan Tong-Da Cable Co (SZSE:002560) Change In Inventory Explanation

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

Henan Tong-Da Cable 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
	=	596.434	/	965.173	*	365 / 4
	=	56.39

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

Henan Tong-Da Cable Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	965.173	/	596.434
	=	1.62

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.

Henan Tong-Da Cable Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	596.434	/	1057.477
	=	0.56

Henan Tong-Da Cable Co Change In Inventory Related Terms

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Henan Tong-Da Cable Co (SZSE:002560) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Henan Tong-Da Cable Co Ltd (SZSE:002560) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

Shijiawan Industrial Zone, Henan, Yanshi, CHN, 471922

Website

http://www.hntddl.com

Henan Tong-Da Cable Co Ltd is engaged in the research, development, and production of wires and cables. The products of the company include home improvement green wire, overhead bare wire, overhead insulated wire, and control cable.

Executives

Liu Zhi Jian	Secretary Dong
Yan Wen Ge	Executives
Qu Hong Pu	Directors, executives
Shi Wan Fu	Director
Li Gao Jie	Securities Affairs Representative
Cai Xiao Xian	Supervisors
Zhang Zhi Zhong	Directors, Directors, and Executives
Ma Yan Hong	Supervisors
Shao Xue Liang	Directors, executives

Henan Tong-Da Cable Co (SZSE:002560) Headlines

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