Tianshan Aluminum Group Co (SZSE:002532) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Tianshan Aluminum Group Co Change In Inventory?

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

Tianshan Aluminum Group Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-12 Mil. It means Tianshan Aluminum Group Co's inventory increased by ¥12 Mil from Dec. 2022 to Dec. 2023 .

Tianshan Aluminum Group Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥9,276 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tianshan Aluminum Group Co's Days Inventory for the quarter that ended in Mar. 2024 was 154.72.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tianshan Aluminum Group Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.59.

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. Tianshan Aluminum Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.38.

Tianshan Aluminum Group Co Change In Inventory Historical Data

The historical data trend for Tianshan Aluminum 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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Tianshan Aluminum Group Co Change In Inventory Chart

Tianshan Aluminum Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-943.75

-1,527.59

-3,230.03

-697.20

-11.71

Tianshan Aluminum Group 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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Tianshan Aluminum 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.

Tianshan Aluminum Group Co (SZSE:002532) Change In Inventory Explanation

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

Tianshan Aluminum 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
	=	9409.6765	/	5549.764	*	365 / 4
	=	154.72

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

Tianshan Aluminum 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
	=	5549.764	/	9409.6765
	=	0.59

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	9409.6765	/	6825.089
	=	1.38

Tianshan Aluminum Group Co Change In Inventory Related Terms

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Tianshan Aluminum Group Co (SZSE:002532) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tianshan Aluminum Group Co Ltd (SZSE:002532) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

No. 1, Weiwu Road, North Industrial Park, Shihezi Development Zone, Xinjiang Uygur Autonomous Region, Xinjiang, CHN, 832014

Website

http://www.shimge.com

Tianshan Aluminum Group Co Ltd is engaged in the production and sales of primary aluminum, alumina, high-purity aluminum, pre-baked anodes, and aluminum deep-processed products and materials.

Executives

Zhang Jun Jie	Directors, executives
Gui Jian Hui	Executives
Zhang Jian Zhong	Executives
Wang Chang Dong	Executives
Yan Xian Fa	Executives, directors, directors
Xu Hong Feng	Director
Zhang Hong	Supervisors
Guo Shu Ming	Executives
Ou Yang Ya Zhi	Executives
Liu Jin Xiao	Supervisors
Xu Min Tian	Directors, executives
Pan Bing Lin	Supervisors
Ye Xing Hong	Director
Wang Jian Zhong	Director

Tianshan Aluminum Group Co (SZSE:002532) Headlines

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