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Hootech (SZSE:301026) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)


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What is Hootech Change In Inventory?

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

Hootech's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-198 Mil. It means Hootech's inventory increased by ¥198 Mil from Dec. 2022 to Dec. 2023 .

Hootech's Total Inventories for the quarter that ended in Mar. 2024 was ¥1,000 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hootech's Days Inventory for the quarter that ended in Mar. 2024 was 305.65.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hootech's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.30.

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. Hootech's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 3.11.

Hootech Change In Inventory Historical Data

The historical data trend for Hootech'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.

Hootech Change In Inventory Chart

Hootech Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -23.21 -135.57 -233.91 -270.05 -198.07

Hootech 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Hootech 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.

* 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.

Hootech  (SZSE:301026) Change In Inventory Explanation

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

Hootech's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=968.3235/289.088*365 / 4
=305.65

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

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

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=289.088 / 968.3235
=0.30

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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=968.3235 / 311.813
=3.11

* 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.

Hootech Change In Inventory Related Terms

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Hootech (SZSE:301026) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hootech Inc (SZSE:301026) » Definitions » Change In Inventory
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SZSE:000697 SHSE:600980 SHSE:605086 SHSE:600714 SZSE:300930 SZSE:002842 SZSE:002114 SHSE:600172 SZSE:000751 SHSE:603399 ASX:BHP ASX:RIO LSE:RIO LSE:GLEN BSP:VALE3 ASX:FMG SAU:1211 LSE:AAL GMEXICOB MIC:GMKN
Traded in Other Exchanges
N/A
Address
No. 1, Liujing Road, Economic and Technological Development Zone, Jiangsu Province, Xuzhou City, CHN, 221004
Website
http://www.hootech.com.cn
Hootech Inc is engaged in research and development, production, sales and service of precious metal recycling and related products. The company's business segments are precious metal recycling, precious metal-based new materials, and trading.
Executives
Lin De Jian Director
Yu Zhi Hao Supervisors
Zhu Jin Supervisors
Zhu Feng Executives

Hootech (SZSE:301026) Headlines

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