GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Qian Yuan Baixing Inc (OTCPK:QYBX) » Definitions » Change In Inventory

Qian Yuan Baixing (Qian Yuan Baixing) Change In Inventory : $0.00 Mil (TTM As of Sep. 2011)


View and export this data going back to 2007. Start your Free Trial

What is Qian Yuan Baixing Change In Inventory?

Qian Yuan Baixing's change in inventory for the quarter that ended in Sep. 2011 was $0.00 Mil. It means Qian Yuan Baixing's inventory stayed the same from Jun. 2011 to Sep. 2011 .

Qian Yuan Baixing's change in inventory for the fiscal year that ended in Dec. 2010 was $-0.84 Mil. It means Qian Yuan Baixing's inventory increased by $0.84 Mil from Dec. 2009 to Dec. 2010 .

Qian Yuan Baixing's Total Inventories for the quarter that ended in Sep. 2011 was $0.84 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Qian Yuan Baixing's Days Inventory for the quarter that ended in Sep. 2011 was 35.51.

Inventory Turnover measures how fast the company turns over its inventory within a year. Qian Yuan Baixing's Inventory Turnover for the quarter that ended in Sep. 2011 was 2.57.

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. Qian Yuan Baixing's Inventory-to-Revenue for the quarter that ended in Sep. 2011 was 0.34.


Qian Yuan Baixing Change In Inventory Historical Data

The historical data trend for Qian Yuan Baixing'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.

* Premium members only.

Qian Yuan Baixing Change In Inventory Chart

Qian Yuan Baixing Annual Data
Trend Aug06 Aug07 Dec08 Dec09 Dec10
Change In Inventory
- - 0.24 0.56 -0.84

Qian Yuan Baixing Quarterly Data
Nov06 Feb07 May07 Aug07 Nov07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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 - - - - -

Qian Yuan Baixing 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. 2011 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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.


Qian Yuan Baixing  (OTCPK:QYBX) Change In Inventory Explanation

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

Qian Yuan Baixing's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.9025/2.319*365 / 4
=35.51

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

Qian Yuan Baixing's Inventory Turnover for the quarter that ended in Sep. 2011 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.

Qian Yuan Baixing's Inventory to Revenue for the quarter that ended in Sep. 2011 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.


Qian Yuan Baixing Change In Inventory Related Terms

Thank you for viewing the detailed overview of Qian Yuan Baixing's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Qian Yuan Baixing (Qian Yuan Baixing) Business Description

Traded in Other Exchanges
N/A
Address
601 Union Street, Suite 4200, Seattle, WA, USA, 98101
Qian Yuan Baixing Inc is a shell Company.

Qian Yuan Baixing (Qian Yuan Baixing) Headlines

No Headlines