Hubei Forbon Technology Co (SZSE:300387) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Hubei Forbon Technology Co Change In Inventory?

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

Hubei Forbon Technology Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-5 Mil. It means Hubei Forbon Technology Co's inventory increased by ¥5 Mil from Dec. 2022 to Dec. 2023 .

Hubei Forbon Technology Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥151 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hubei Forbon Technology Co's Days Inventory for the quarter that ended in Mar. 2024 was 62.60.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hubei Forbon Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.46.

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. Hubei Forbon Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.50.

Hubei Forbon Technology Co Change In Inventory Historical Data

The historical data trend for Hubei Forbon Technology 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.

* Premium members only.

Hubei Forbon Technology Co Change In Inventory Chart

Hubei Forbon Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-24.97

7.17

-16.60

-33.72

-4.78

Hubei Forbon Technology 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															-	-	-	-	-

Hubei Forbon Technology 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.

Hubei Forbon Technology Co (SZSE:300387) Change In Inventory Explanation

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

Hubei Forbon Technology 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
	=	158.5925	/	231.173	*	365 / 4
	=	62.60

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

Hubei Forbon Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	231.173	/	158.5925
	=	1.46

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.

Hubei Forbon Technology Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	158.5925	/	315.728
	=	0.50

Hubei Forbon Technology Co Change In Inventory Related Terms

Thank you for viewing the detailed overview of Hubei Forbon Technology Co's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Hubei Forbon Technology Co (SZSE:300387) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Hubei Forbon Technology Co Ltd (SZSE:300387) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Chengnan Avenue, Yingcheng Development Zone, Hubei, CHN, 432400

Website

http://www.forbon.com

Hubei Forbon Technology Co Ltd is a chemical company. It provides anti-caking agents, multifunctional parcel agents, granulation improvers, phosphate rock flotation agents, such as collecting agents, regulators, foaming agents, multi-functional wraps, granulation Good agent, phosphate ore flotation agent, slow release material, defoamer, sedimentation agent, flocculant, evaporation aid, scale inhibitor.

Executives

Fang Sheng Ling	Director
Zhou Zhi Bin	Executives
Yan Wei	Executives
Yi Min	Securities Affairs Representative
Feng Jia Wei	Executives
Ruan Zi Bin	Executives
Wang Ren Zong	Directors, executives
Ding Jian Jun	Executives
Nie Zhi Hong	Executives
Wan Gang	Secretary Dong

Hubei Forbon Technology Co (SZSE:300387) Headlines

No Headlines