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Longyan Zhuoyue New Energy Co (SHSE:688196) Change In Inventory : ¥0 Mil (TTM As of Jun. 2024)


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What is Longyan Zhuoyue New Energy Co Change In Inventory?

Longyan Zhuoyue New Energy Co's change in inventory for the quarter that ended in Jun. 2024 was ¥0 Mil. It means Longyan Zhuoyue New Energy Co's inventory stayed the same from Mar. 2024 to Jun. 2024 .

Longyan Zhuoyue New Energy Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-495 Mil. It means Longyan Zhuoyue New Energy Co's inventory increased by ¥495 Mil from Dec. 2022 to Dec. 2023 .

Longyan Zhuoyue New Energy Co's Total Inventories for the quarter that ended in Jun. 2024 was ¥992 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Longyan Zhuoyue New Energy Co's Days Inventory for the quarter that ended in Jun. 2024 was 86.98.

Inventory Turnover measures how fast the company turns over its inventory within a year. Longyan Zhuoyue New Energy Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.05.

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. Longyan Zhuoyue New Energy Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.89.


Longyan Zhuoyue New Energy Co Change In Inventory Historical Data

The historical data trend for Longyan Zhuoyue New Energy 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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Longyan Zhuoyue New Energy Co Change In Inventory Chart

Longyan Zhuoyue New Energy Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -33.34 20.58 -238.79 -72.57 -494.58

Longyan Zhuoyue New Energy Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Longyan Zhuoyue New Energy 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0 Mil.

* 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.


Longyan Zhuoyue New Energy Co  (SHSE:688196) Change In Inventory Explanation

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

Longyan Zhuoyue New Energy 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
=951.089/997.793*365 / 4
=86.98

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

Longyan Zhuoyue New Energy Co's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

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.

Longyan Zhuoyue New Energy Co's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

* 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.


Longyan Zhuoyue New Energy Co Change In Inventory Related Terms

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Longyan Zhuoyue New Energy Co Business Description

Traded in Other Exchanges
N/A
Address
Pinglin Industrial Development Zone, Tieshan, Xinluo, Fujian, Longyan, CHN, 364000
Longyan Zhuoyue New Energy Co Ltd is a renewable company focusing on the manufacturing of biomass products, including biodiesel of UCOME, BGME, and PME, derivative industrial glycerin, biomass plasticizers, waterborne alkyd resin, and etc.

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