Ningbo Color Master Batch Co (SZSE:301019) Change In Inventory : ¥0.0 Mil (TTM As of Mar. 2024)

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What is Ningbo Color Master Batch Co Change In Inventory?

Ningbo Color Master Batch Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means Ningbo Color Master Batch Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Ningbo Color Master Batch Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥7.3 Mil. It means Ningbo Color Master Batch Co's inventory declined by ¥7.3 Mil from Dec. 2022 to Dec. 2023 .

Ningbo Color Master Batch Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥71.8 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ningbo Color Master Batch Co's Days Inventory for the quarter that ended in Mar. 2024 was 79.27.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ningbo Color Master Batch Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.15.

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. Ningbo Color Master Batch Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.59.

Ningbo Color Master Batch Co Change In Inventory Historical Data

The historical data trend for Ningbo Color Master Batch 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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Ningbo Color Master Batch Co Change In Inventory Chart

Ningbo Color Master Batch Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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0.81

-47.33

29.96

-4.60

7.33

Ningbo Color Master Batch Co Quarterly Data
	Dec18	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															-	-	-	-	-

Ningbo Color Master Batch 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 ¥0.0 Mil.

Ningbo Color Master Batch Co (SZSE:301019) Change In Inventory Explanation

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

Ningbo Color Master Batch 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
	=	67.231	/	77.395	*	365 / 4
	=	79.27

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

Ningbo Color Master Batch Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	77.395	/	67.231
	=	1.15

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.

Ningbo Color Master Batch Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	67.231	/	114.337
	=	0.59

Ningbo Color Master Batch Co Change In Inventory Related Terms

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Ningbo Color Master Batch Co (SZSE:301019) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ningbo Color Master Batch Co Ltd (SZSE:301019) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

168 Jinhui West Road, Panhuo Street, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315105

Website

http://www.muli.com.cn

Ningbo Masterbatch Co Ltd is engaged in research and development, production, sales and technical services of masterbatch. The company's products include Color masterbatch, Black masterbatch, White masterbatch, and Functional masterbatch. Its products are used in home appliances, food packaging, cosmetics, daily necessities, building materials, and automobiles.

Executives

Zhao Mao Hua	Director
Zu Wan Nian	Supervisors
Zhou Bi Hong	Director
Zhang Xu Bo	Supervisors

Ningbo Color Master Batch Co (SZSE:301019) Headlines

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