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Tengjun Biotechnology (Tengjun Biotechnology) Change In Inventory : $-1.2 Mil (TTM As of Jun. 2023)


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What is Tengjun Biotechnology Change In Inventory?

Tengjun Biotechnology's change in inventory for the quarter that ended in Jun. 2023 was $-1.3 Mil. It means Tengjun Biotechnology's inventory increased by $1.3 Mil from Mar. 2023 to Jun. 2023 .

Tengjun Biotechnology's change in inventory for the fiscal year that ended in Dec. 2022 was $1.8 Mil. It means Tengjun Biotechnology's inventory declined by $1.8 Mil from Dec. 2021 to Dec. 2022 .

Tengjun Biotechnology's Total Inventories for the quarter that ended in Jun. 2023 was $2.3 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tengjun Biotechnology's Days Inventory for the quarter that ended in Jun. 2023 was 15,567.25.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tengjun Biotechnology's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.01.

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.

Tengjun Biotechnology Change In Inventory Historical Data

The historical data trend for Tengjun Biotechnology'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.

Tengjun Biotechnology Change In Inventory Chart

Tengjun Biotechnology Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -0.31 -0.22 1.85

Tengjun Biotechnology Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 1.47 -0.24 0.36 -0.05 -1.30

Tengjun Biotechnology 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.2 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.

Tengjun Biotechnology  (OTCPK:TJBH) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=1.706/0.01*365 / 4
=15,567.25

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

Tengjun Biotechnology's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.01 / 1.706
=0.01

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.

Tengjun Biotechnology's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=1.706 / 0
=N/A

* 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.

Tengjun Biotechnology Change In Inventory Related Terms

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Tengjun Biotechnology (Tengjun Biotechnology) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tengjun Biotechnology Corp (OTCPK:TJBH) » Definitions » Change In Inventory
Comparable Companies
KLG USNA WEST UTZ HAIN BGS BRCC THRN JBSS SENEA XSWX:NESN KHC GIS XPAR:BN SHSE:603288 NSE:NESTLEIND SZSE:300999 SHSE:600887 TSE:2802 LSE:ABF
Traded in Other Exchanges
N/A
Address
East Jinze Road and South Huimin Road, Food Industry Economic and Technology Development District, Jinxiang County, Shandong Province, Jining, CHN
Website
Tengjun Biotechnology Corp, through its subsidiaries, is engaged in producing different types of teas, such as green dandelion tea and black dandelion tea. It is also manufacturing and selling consumer water purifiers. Its products include Mincheng Black Dandelion Tea and Mincheng Green Dandelion Tea, of various packages and sizes.
Executives
Qiuping Lu director, 10 percent owner, officer: Vice President, Treasurer, CFO 505 WEST 8TH AVENUE, SUITE 16, MESA AZ 85201
Fumin Feng director, 10 percent owner, officer: Secretary BLOCK 5, ROOM 2503, WANDA SQUARE, NO.93 JIANGUO ROAD, BEIJING NY 100022
Blue Water Restaurant Group, Inc. 10 percent owner 7070 E FARRELL RD, SE, SUITE 1019, CALGARY A0 T2H 0T2
Nina E. Edstrom director, 10 percent owner, officer: Sole Officer and Director C/O THE MAILBOX #5241, P. O. BOX 523882, MIAMI FL 33152
Taurus Financial Partners, Llc 10 percent owner C/O THE MAILBOX #5241, P. O. BOX 523882, MIAMI FL 33152