Shandong Sinocera Functional Material Co (SZSE:300285) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Shandong Sinocera Functional Material Co Change In Inventory?

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

Shandong Sinocera Functional Material Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥101 Mil. It means Shandong Sinocera Functional Material Co's inventory declined by ¥101 Mil from Dec. 2022 to Dec. 2023 .

Shandong Sinocera Functional Material Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥941 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shandong Sinocera Functional Material Co's Days Inventory for the quarter that ended in Mar. 2024 was 156.09.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shandong Sinocera Functional Material Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.58.

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. Shandong Sinocera Functional Material Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.05.

Shandong Sinocera Functional Material Co Change In Inventory Historical Data

The historical data trend for Shandong Sinocera Functional 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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Shandong Sinocera Functional Material Co Change In Inventory Chart

Shandong Sinocera Functional Material Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-113.83

75.28

-214.03

-185.50

101.29

Shandong Sinocera Functional Material 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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Shandong Sinocera Functional 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.

Shandong Sinocera Functional Material Co (SZSE:300285) Change In Inventory Explanation

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

Shandong Sinocera Functional 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
	=	865.1595	/	505.775	*	365 / 4
	=	156.09

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

Shandong Sinocera Functional 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
	=	505.775	/	865.1595
	=	0.58

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.

Shandong Sinocera Functional Material Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	865.1595	/	826.664
	=	1.05

Shandong Sinocera Functional Material Co Change In Inventory Related Terms

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Shandong Sinocera Functional Material Co (SZSE:300285) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shandong Sinocera Functional Material Co Ltd (SZSE:300285) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 24 Liaohe Road, Dongying District, Shandong Province, Dongying, CHN, 257091

Website

http://www.sinocera.cn/

Shandong Sinocera Functional Material Co Ltd is mainly engaged in the research and development, production and sales of novel materials. The main products include multilayer ceramic capacitors, electronic ceramic materials, nano-scale composite zirconia materials, high-purity ultra-fine alumina materials, ceramic ink materials for inkjet printing, electronic pastes, honeycomb ceramics, and ceramic balls. Its products are mainly applied in an electronic information and communication, biomedical, new energy vehicles, architectural ceramics and modern high-tech fields such as porcelain, automotive and industrial catalysis, solar photovoltaic, and aerospace.

Executives

Zhang Xi	Director
Zhang Bing	Directors, executives
Wang Zhong	Supervisors
Wang Xiao Hong	Supervisors
Xu Shao Mei	Directors, executives
Zhao Hong Yan	Securities Affairs Representative
Liu Mei Na	Director
Song Xi Bin	Executives
Si Liu Qi	Executives

Shandong Sinocera Functional Material Co (SZSE:300285) Headlines

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