IT Tech Packaging

IT Tech Packaging Inventory Turnover

The Inventory Turnover Ratio of IT Tech Packaging (ITP) as of Nov 5, 2026 is 29.40. In the previous year, Inventory Turnover Ratio was 9.50 — a change of 209.38% (higher).

Inventory Turnover

29.40

YoY

209.38%

Last updated:

Inventory Turnover Ratio of IT Tech Packaging is 2024 29.40 . Inventory Turnover Ratio of IT Tech Packaging was 2023 9.50 . It decreases by 209.38% higher compared to the previous year.

The IT Tech Packaging Inventory Turnover history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Inventory Turnover
Date
Inventory Turnover
Jan 1, 2017
11.45 USD
Jan 1, 2018
27.68 USD
Jan 1, 2019
64.66 USD
Jan 1, 2020
77.19 USD
Jan 1, 2021
25.64 USD
Jan 1, 2022
33.28 USD
Jan 1, 2023
9.50 USD
Jan 1, 2024
29.40 USD
The IT Tech Packaging Inventory Turnover history
YEARInventory TurnoverYoY
29.40+209.38%
9.50-71.44%
33.28+29.79%
25.64-66.78%
77.19+19.39%
64.66+133.58%
27.68+141.66%
11.45-40.93%
19.39+66.14%
11.67-27.07%
16.00—

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IT Tech Packaging Stock analysis

What does IT Tech Packaging do? IT Tech Packaging, Inc. generates revenue through the production and distribution of four paper product categories: corrugating medium paper (CMP), offset printing paper, digital photo paper, and tissue paper. The company operates through two segments: Orient Paper HB, which focuses on printing paper and CMP production, and Orient Paper Shengde, which specializes in digital photo paper. CMP is used in cardboard manufacturing, and the company markets finished tissue paper under the Orient Paper brand. The firm produces CMP on over two production lines, including PM6 and PM1, and engages in distribution across its product lines. The primary buyers of IT Tech Packaging's products are manufacturers requiring CMP for cardboard production, printing companies using offset printing paper, and consumers purchasing digital photo paper and tissue paper under the Orient Paper brand. The Orient Paper HB segment serves industrial clients in the packaging and printing sectors, while Orient Paper Shengde targets consumers and businesses needing digital photo paper. The company's tissue paper products are sold directly to end-users through the Orient Paper brand. Baoding Shengde Paper Co., Ltd. (Orient Paper Shengde) is a subsidiary involved in digital photo paper production, which is part of the Orient Paper Shengde segment. The firm's production lines, including PM6 and PM1, support CMP manufacturing, which is a key component in cardboard production. The company's revenue streams are derived from the sale of all four product categories across its two operational segments, with no additional brands or external partnerships mentioned in the business description. IT Tech Packaging is one of the most popular companies on Eulerpool.

Frequently Asked Questions about IT Tech Packaging stock

Inventory Turnover Ratio of IT Tech Packaging is 29.40 in 2024.

Inventory Turnover Ratio of IT Tech Packaging changed from 9.50 to 29.40, representing a 209.38% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Inventory Turnover Ratio IT Tech Packaging since 2006 – with annual values, charts, and detailed analysis.

Inventory turnover measures how many times inventory is sold and replaced during a period. Higher turnover indicates efficient inventory management.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Inventory Turnover Ratio's IT Tech Packaging with sector peers and the industry average to assess whether it is attractive.

To evaluate Inventory Turnover Ratio's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Inventory Turnover Ratio.

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Profitability — IT Tech Packaging

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