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China Aerospace Times Electronic Co (SHSE:600879) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)


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What is China Aerospace Times Electronic Co Change In Inventory?

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

China Aerospace Times Electronic Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-725 Mil. It means China Aerospace Times Electronic Co's inventory increased by ¥725 Mil from Dec. 2022 to Dec. 2023 .

China Aerospace Times Electronic Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥19,681 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Aerospace Times Electronic Co's Days Inventory for the quarter that ended in Mar. 2024 was 579.77.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Aerospace Times Electronic Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.16.

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. China Aerospace Times Electronic Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 5.14.


China Aerospace Times Electronic Co Change In Inventory Historical Data

The historical data trend for China Aerospace Times Electronic 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.

* Premium members only.

China Aerospace Times Electronic Co Change In Inventory Chart

China Aerospace Times Electronic Co 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 -2,330.53 -1,140.34 -2,928.39 -5,088.56 -725.18

China Aerospace Times Electronic Co 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 - - - - -

China Aerospace Times Electronic 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.

* 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.


China Aerospace Times Electronic Co  (SHSE:600879) Change In Inventory Explanation

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

China Aerospace Times Electronic 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
=19589.8675/3083.274*365 / 4
=579.77

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

China Aerospace Times Electronic Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

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.

China Aerospace Times Electronic Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=19589.8675 / 3813.787
=5.14

* 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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China Aerospace Times Electronic Co (SHSE:600879) Business Description

Traded in Other Exchanges
N/A
Address
Plant 22MB, High-Tech Park, Economic Technology Development District, Wuhan, CHN, 430056
China Aerospace Times Electronic Co Ltd is a China-based company. It engaged in the manufacturing and distribution of aerospace electronic products. Its products include satellite applications, inertial navigation, Integrated circuit, Drone.
Executives
Gai Hong Bin senior management
He Ping senior management
Wang Zhan Chen Director
Wang Zong Yin Director
Zhang Xian Cai senior management
Wu Yuan Qiang Director
Pei Ai Jun Supervisors

China Aerospace Times Electronic Co (SHSE:600879) Headlines

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