Shenzhen Jdd Tech New Material Co (SZSE:301538) Change In Inventory : ¥0.0 Mil (TTM As of Sep. 2024)

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What is Shenzhen Jdd Tech New Material Co Change In Inventory?

Shenzhen Jdd Tech New Material Co's change in inventory for the quarter that ended in Sep. 2024 was ¥0.0 Mil. It means Shenzhen Jdd Tech New Material Co's inventory stayed the same from Jun. 2024 to Sep. 2024 .

Shenzhen Jdd Tech New Material Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-9.6 Mil. It means Shenzhen Jdd Tech New Material Co's inventory increased by ¥9.6 Mil from Dec. 2022 to Dec. 2023 .

Shenzhen Jdd Tech New Material Co's Total Inventories for the quarter that ended in Sep. 2024 was ¥132.6 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shenzhen Jdd Tech New Material Co's Days Inventory for the quarter that ended in Sep. 2024 was 83.73.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shenzhen Jdd Tech New Material Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.09.

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. Shenzhen Jdd Tech New Material Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.57.

Shenzhen Jdd Tech New Material Co Change In Inventory Historical Data

The historical data trend for Shenzhen Jdd Tech New 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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Shenzhen Jdd Tech New Material Co Change In Inventory Chart

Shenzhen Jdd Tech New Material Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-2.57

-10.16

-25.93

-26.66

-9.64

Shenzhen Jdd Tech New Material Co Quarterly Data
	Dec19	Dec20	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Inventory	Get a 7-Day Free Trial								-	-	-	-	-

Shenzhen Jdd Tech New 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0.0 Mil.

Shenzhen Jdd Tech New Material Co (SZSE:301538) Change In Inventory Explanation

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

Shenzhen Jdd Tech New 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
	=	128.323	/	139.843	*	365 / 4
	=	83.73

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

Shenzhen Jdd Tech New Material Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	139.843	/	128.323
	=	1.09

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.

Shenzhen Jdd Tech New Material Co's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	128.323	/	226.061
	=	0.57

Shenzhen Jdd Tech New Material Co Change In Inventory Related Terms

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Shenzhen Jdd Tech New Material Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shenzhen Jdd Tech New Material Co Ltd (SZSE:301538) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shajing Street, 2 industrial plants in Area E, Democratic West Industrial Park, Baoan District, Guangdong Province, Shenzhen, CHN, 518104

Website

http://www.jddtech.com.cn

Shenzhen Jdd Tech New Material Co Ltd is focus on the design, research and development, production and sales of polymer modified protective materials. Its main products include functional protective sleeves and functional monofilaments. etc., widely used in diverse fields such as automobiles, engineering machinery, rail transit, and communication electronics. Its main products rely on their good temperature resistance, UV resistance, flame retardancy, chemical corrosion resistance and other properties to provide wear resistance, heat insulation, anti-impact, shielding and resistance to wire harness systems and fluid pipelines in various fields. Blasting, fire prevention, noise reduction and other safety protection functions.

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