Tianqi Lithium Industries (SZSE:002466) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Tianqi Lithium Industries Change In Inventory?

Tianqi Lithium Industries's change in inventory for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Tianqi Lithium Industries's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Tianqi Lithium Industries's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-1,739 Mil. It means Tianqi Lithium Industries's inventory increased by ¥1,739 Mil from Dec. 2022 to Dec. 2023 .

Tianqi Lithium Industries's Total Inventories for the quarter that ended in Mar. 2024 was ¥2,994 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tianqi Lithium Industries's Days Inventory for the quarter that ended in Mar. 2024 was 210.16.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tianqi Lithium Industries's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.43.

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. Tianqi Lithium Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.19.

Tianqi Lithium Industries Change In Inventory Historical Data

The historical data trend for Tianqi Lithium Industries'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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Tianqi Lithium Industries Change In Inventory Chart

Tianqi Lithium Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-356.16

66.19

-20.07

-1,273.89

-1,738.76

Tianqi Lithium Industries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
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Tianqi Lithium Industries 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.

Tianqi Lithium Industries (SZSE:002466) Change In Inventory Explanation

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

Tianqi Lithium Industries's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	3072.0785	/	1333.899	*	365 / 4
	=	210.16

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

Tianqi Lithium Industries's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1333.899	/	3072.0785
	=	0.43

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.

Tianqi Lithium Industries's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3072.0785	/	2584.635
	=	1.19

Tianqi Lithium Industries Change In Inventory Related Terms

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Tianqi Lithium Industries (SZSE:002466) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Tianqi Lithium Industries Inc (SZSE:002466) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.10 East Gaopeng Road, Hi-Tech Development Zone, Sichuan Province, Chengdu, CHN, 629200

Website

http://www.tianqilithium.com

Tianqi Lithium is a leading new energy materials company headquartered in China. The company is the largest producer of mined lithium globally in terms of output and is ranked third in terms of revenue generated from lithium, according to Wood Mackenzie. It is also the world's fourth largest and Asia's second largest lithium compound producer, as measured by production output, according to the same source. Tianqi is the only lithium producer in China that has achieved 100% self-sufficiency and has fully vertically integrated lithium mines. It operates in critical stages of the lithium value chain, including: 1) mining of lithium ore and manufacturing of lithium concentrate; and 2) manufacturing of lithium compounds and derivatives.

Executives

Yan Dong	Executives
Guo Wei	Executives
Zou Jun	Directors, executives
Li Bo	Directors, Directors, and Executives
Fu Xu Mei	Securities Affairs Representative
Ge Wei	Executives
Wu Wei	Directors, executives
Jiang Wei Ping	Director
She Shi Fu	Supervisors

Tianqi Lithium Industries (SZSE:002466) Headlines

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