Xinjiang Daqo New Energy Co (SHSE:688303) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Xinjiang Daqo New Energy Co Change In Inventory?

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

Xinjiang Daqo New Energy Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-138 Mil. It means Xinjiang Daqo New Energy Co's inventory increased by ¥138 Mil from Dec. 2022 to Dec. 2023 .

Xinjiang Daqo New Energy Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥1,455 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Xinjiang Daqo New Energy Co's Days Inventory for the quarter that ended in Mar. 2024 was 51.28.

Inventory Turnover measures how fast the company turns over its inventory within a year. Xinjiang Daqo New Energy Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.78.

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. Xinjiang Daqo New Energy Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.47.

Xinjiang Daqo New Energy Co Change In Inventory Historical Data

The historical data trend for Xinjiang Daqo New Energy 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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Xinjiang Daqo New Energy Co Change In Inventory Chart

Xinjiang Daqo New Energy Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-133.49

-61.27

-1,802.75

894.43

-138.46

Xinjiang Daqo New Energy Co Quarterly Data
	Dec17	Dec18	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															-	-	-	-	-

Xinjiang Daqo New Energy 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.

Xinjiang Daqo New Energy Co (SHSE:688303) Change In Inventory Explanation

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

Xinjiang Daqo New Energy 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
	=	1395.534	/	2483.277	*	365 / 4
	=	51.28

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

Xinjiang Daqo New Energy Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2483.277	/	1395.534
	=	1.78

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.

Xinjiang Daqo New Energy Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1395.534	/	2981.639
	=	0.47

Xinjiang Daqo New Energy Co Change In Inventory Related Terms

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Xinjiang Daqo New Energy Co (SHSE:688303) Business Description

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Address

No. 16, Weiliu Road, New Chemical Material Industrial Park, Shihezi Economic Development Zone, Uygur Autonomous Region, Xinjiang, CHN, 832000

Website

http://www.xjdqsolar.com

Xinjiang Daqo New Energy Co Ltd research and development, manufacturing, and sales of high-purity polysilicon.

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