Gaona Aero Material Co (SZSE:300034) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Gaona Aero Material Co Change In Inventory?

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

Gaona Aero Material Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-589 Mil. It means Gaona Aero Material Co's inventory increased by ¥589 Mil from Dec. 2022 to Dec. 2023 .

Gaona Aero Material Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥1,794 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gaona Aero Material Co's Days Inventory for the quarter that ended in Mar. 2024 was 293.06.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gaona Aero Material Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.31.

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. Gaona Aero Material Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.15.

Gaona Aero Material Co Change In Inventory Historical Data

The historical data trend for Gaona Aero Material 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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Gaona Aero Material Co Change In Inventory Chart

Gaona Aero Material Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-24.06

-110.07

-263.65

-206.49

-589.04

Gaona Aero Material 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															-	-	-	-	-

Gaona Aero Material 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.

Gaona Aero Material Co (SZSE:300034) Change In Inventory Explanation

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

Gaona Aero Material 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
	=	1714.276	/	533.775	*	365 / 4
	=	293.06

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

Gaona Aero Material Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	533.775	/	1714.276
	=	0.31

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.

Gaona Aero Material Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1714.276	/	798.595
	=	2.15

Gaona Aero Material Co Change In Inventory Related Terms

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Gaona Aero Material Co (SZSE:300034) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Gaona Aero Material Co Ltd (SZSE:300034) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

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Address

No. 19 Daliushu South Village, Haidian District, Beijing, Beijing, CHN, 100081

Website

http://www.cisri-gaona.com.cn

Gaona Aero Material Co Ltd is engaged in the research and development, production, and sales of high-temperature materials in aerospace materials. The products of the company include casting alloy products, deformed alloy products which include high-temperature alloy bar, superalloy pipe, powder alloy products which include powder superalloy forgings, and special alloy products which include oxide dispersion strengthening series, friction plate, and porous foam products.

Executives

Yang Jie	Executives
Cai Xiao Bao	Directors, executives
Zhou Qian	Executives
Yin Fa Jie	Executives
Zhang Ji	Executives
Shao Chong	Directors, executives
Ma Hong Jun	Securities Affairs Representative
Zhao Ming Han	Director
Xu Ruo Gang	Supervisors
Ma Zhang Lin	Executives
Xu Hong Gui	Directors, executives, securities affairs represen
Wang Chen	Director

Gaona Aero Material Co (SZSE:300034) Headlines

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