AA Industrial Belting (Shanghai) Co (SHSE:603580) Change In Inventory : ¥0.0 Mil (TTM As of Mar. 2024)

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What is AA Industrial Belting (Shanghai) Co Change In Inventory?

AA Industrial Belting (Shanghai) Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means AA Industrial Belting (Shanghai) Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

AA Industrial Belting (Shanghai) Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-6.5 Mil. It means AA Industrial Belting (Shanghai) Co's inventory increased by ¥6.5 Mil from Dec. 2022 to Dec. 2023 .

AA Industrial Belting (Shanghai) Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥97.4 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AA Industrial Belting (Shanghai) Co's Days Inventory for the quarter that ended in Mar. 2024 was 391.31.

Inventory Turnover measures how fast the company turns over its inventory within a year. AA Industrial Belting (Shanghai) Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.23.

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. AA Industrial Belting (Shanghai) Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.60.

AA Industrial Belting (Shanghai) Co Change In Inventory Historical Data

The historical data trend for AA Industrial Belting (Shanghai) 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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AA Industrial Belting (Shanghai) Co Change In Inventory Chart

AA Industrial Belting (Shanghai) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-12.52

-5.05

-7.99

-6.26

-6.49

AA Industrial Belting (Shanghai) 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															-	-	-	-	-

AA Industrial Belting (Shanghai) 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 ¥0.0 Mil.

AA Industrial Belting (Shanghai) Co (SHSE:603580) Change In Inventory Explanation

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

AA Industrial Belting (Shanghai) 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
	=	95.0385	/	22.162	*	365 / 4
	=	391.31

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

AA Industrial Belting (Shanghai) Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	22.162	/	95.0385
	=	0.23

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.

AA Industrial Belting (Shanghai) Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	95.0385	/	36.597
	=	2.60

AA Industrial Belting (Shanghai) Co Change In Inventory Related Terms

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AA Industrial Belting (Shanghai) Co (SHSE:603580) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » AA Industrial Belting (Shanghai) Co Ltd (SHSE:603580) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

580 Xiangyin Road, Shanghai, CHN, 200433

Website

http://www.aabelt.com.cn

AA Industrial Belting (Shanghai) Co Ltd is specialized in the research and development of light conveyor belts. Its main products include thermoplastic urethane (TPU) conveyor belts, thermoplastic polyester elastomeric (TPEE) conveyor belts, polyvinyl chloride (PVC) conveyor belts, polyethylene (PE) conveyor belts and seamless conveyor belts. Its product is widely used in food processing, airport logistics, textile printing, automotive and steel processing, tire, tobacco, and aluminum industry.

Executives

Tu Guo Sheng	Director
Tu Mu Lin	Director
Cai Rui Mei	Director

AA Industrial Belting (Shanghai) Co (SHSE:603580) Headlines

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