Gettop Acoustic Co (SZSE:002655) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Gettop Acoustic Co Change In Inventory?

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

Gettop Acoustic Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-10 Mil. It means Gettop Acoustic Co's inventory increased by ¥10 Mil from Dec. 2022 to Dec. 2023 .

Gettop Acoustic Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥252 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gettop Acoustic Co's Days Inventory for the quarter that ended in Mar. 2024 was 107.91.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gettop Acoustic Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.85.

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. Gettop Acoustic Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.85.

Gettop Acoustic Co Change In Inventory Historical Data

The historical data trend for Gettop Acoustic 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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Gettop Acoustic Co Change In Inventory Chart

Gettop Acoustic Co Annual Data

Trend

Dec14

Dec15

Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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0.73

20.54

-76.34

-30.64

-10.05

Gettop Acoustic Co 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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Gettop Acoustic 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.

Gettop Acoustic Co (SZSE:002655) Change In Inventory Explanation

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

Gettop Acoustic 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
	=	218.9365	/	185.131	*	365 / 4
	=	107.91

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	185.131	/	218.9365
	=	0.85

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	218.9365	/	258.868
	=	0.85

Gettop Acoustic Co Change In Inventory Related Terms

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Gettop Acoustic Co (SZSE:002655) Business Description

Industry

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Address

No. 68, Fengshan Road, Fangzi District, Shandong Province, Weifang, CHN

Website

http://www.gettopacoustic.com

Gettop Acoustic Co Ltd is a manufacturer of electro-acoustic components and assemblies as well as a provider of complete electro-acoustic solutions. The company is mainly focusing on the manufacturing miniature microphone, micro speaker/receiver and module products. These products are widely used in mobile communication devices, portable PC, flat panel TV, personal digital device, car kits, and other consumer electronics. The company has an operational presence across Canada, United States of America, Denmark, Finland, Brazil, Japan, Germany, among others.

Executives

Zhang Diao Zhan	Director
Yang Zhi Yong	Supervisors
Zhang Lin Lin	Director
Wang Pei Sen	Supervisors
Yang Jin Jun	Director
Yang Xu Guang	Supervisors
Zhao Du Ren	Director

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