Jiangsu Fasten Co (SZSE:000890) Change In Inventory : ¥0.0 Mil (TTM As of Mar. 2024)

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What is Jiangsu Fasten Co Change In Inventory?

Jiangsu Fasten Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means Jiangsu Fasten Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Jiangsu Fasten Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-45.9 Mil. It means Jiangsu Fasten Co's inventory increased by ¥45.9 Mil from Dec. 2022 to Dec. 2023 .

Jiangsu Fasten Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥107.9 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jiangsu Fasten Co's Days Inventory for the quarter that ended in Mar. 2024 was 101.49.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jiangsu Fasten Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.90.

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. Jiangsu Fasten Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.97.

Jiangsu Fasten Co Change In Inventory Historical Data

The historical data trend for Jiangsu Fasten 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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Jiangsu Fasten Co Change In Inventory Chart

Jiangsu Fasten Co Annual Data

Trend

Dec14

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Dec21

Dec22

Dec23

Change In Inventory

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31.49

-0.63

45.55

97.10

-45.88

Jiangsu Fasten 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															-	-	-	-	-

Jiangsu Fasten 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.

Jiangsu Fasten Co (SZSE:000890) Change In Inventory Explanation

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

Jiangsu Fasten 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
	=	108.7575	/	97.783	*	365 / 4
	=	101.49

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	97.783	/	108.7575
	=	0.90

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	108.7575	/	111.669
	=	0.97

Jiangsu Fasten Co Change In Inventory Related Terms

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Jiangsu Fasten Co (SZSE:000890) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Jiangsu Fasten Co Ltd (SZSE:000890) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

No. 165, Chengjiang Middle Road, Jiangsu Province, Jiangyin, CHN, 214434

Website

http://www.fasten.com.cn

Jiangsu Fasten Co Ltd is a China-based company mainly engaged in commercial factoring, fine optimization of metal products, bridge cable products and infrastructure materials manufacturing and sales. The company offers steel wires, stranded steel wires, stainless steel silk products, and steel-cables; fiber and cable products.

Executives

Huang Xiao Juan	Supervisors
Zhu Gang	Supervisors
Zhao Jun	Directors, executives
Cao Yu	Director
Liu Li Hua	Director
Tang Fu Ru	Supervisors
Liu Yin	Director
Liang Le Tian	Executives
Zhou Jian Song	Director
Wu Yu Jun	Executives

Jiangsu Fasten Co (SZSE:000890) Headlines

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