LB Group Co (SZSE:002601) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is LB Group Co Change In Inventory?

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

LB Group Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-911 Mil. It means LB Group Co's inventory increased by ¥911 Mil from Dec. 2022 to Dec. 2023 .

LB Group Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥7,522 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. LB Group Co's Days Inventory for the quarter that ended in Mar. 2024 was 129.65.

Inventory Turnover measures how fast the company turns over its inventory within a year. LB Group Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.70.

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. LB Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.02.

LB Group Co Change In Inventory Historical Data

The historical data trend for LB Group 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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LB Group Co Change In Inventory Chart

LB Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-286.54

-952.50

-1,421.11

-2,005.95

-910.71

LB Group 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															-	-	-	-	-

LB Group 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.

LB Group Co (SZSE:002601) Change In Inventory Explanation

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

LB Group 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
	=	7425.292	/	5226.245	*	365 / 4
	=	129.65

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5226.245	/	7425.292
	=	0.70

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7425.292	/	7293.834
	=	1.02

LB Group Co Change In Inventory Related Terms

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LB Group Co (SZSE:002601) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » LB Group Co Ltd (SZSE:002601) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fengfeng Office, Zhongzhan District, Henan Province, Jiaozuo, CHN, 454191

Website

http://www.lomonbillions.com

LB Group Co Ltd is a inorganic chemical enterprise concentrated on the development and manufacture of titanium and zirconium fine powder material. The company markets in the western industrial areas of China.

Executives

Yang Min Le	Director
Chang Yi Li	Director
Zhang Hai Tao	Directors, executives
Xu Gang	Director
Chen Jian Li	Executives
Zhang Gang	Supervisors
Shen Qing Fei	Directors, executives
He Ben Liu	Directors, executives
Wu Peng Sen	Executives
Tan Rui Qing	Director
Zhang Qi Bin	Director
Fan Xian Guo	Directors, executives
Zhao Yong Jun	Supervisors
Feng Jun	Supervisors
Jin San Liang	Executives

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