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Wuchan Zhongda Group Co (SHSE:600704) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)


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What is Wuchan Zhongda Group Co Change In Inventory?

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

Wuchan Zhongda Group Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-3,000 Mil. It means Wuchan Zhongda Group Co's inventory increased by ¥3,000 Mil from Dec. 2022 to Dec. 2023 .

Wuchan Zhongda Group Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥57,268 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wuchan Zhongda Group Co's Days Inventory for the quarter that ended in Mar. 2024 was 33.49.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wuchan Zhongda Group Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.72.

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. Wuchan Zhongda Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.36.


Wuchan Zhongda Group Co Change In Inventory Historical Data

The historical data trend for Wuchan Zhongda 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.

* Premium members only.

Wuchan Zhongda Group Co Change In Inventory Chart

Wuchan Zhongda Group 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 -1,689.72 -3,732.40 -6,296.29 -5,838.67 -2,999.56

Wuchan Zhongda Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Wuchan Zhongda 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.

* 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.


Wuchan Zhongda Group Co  (SHSE:600704) Change In Inventory Explanation

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

Wuchan Zhongda 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
=47502.02/129419.221*365 / 4
=33.49

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

Wuchan Zhongda Group Co's Inventory Turnover for the quarter that ended in Mar. 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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=47502.02 / 132938.113
=0.36

* 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.


Wuchan Zhongda Group Co Change In Inventory Related Terms

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Wuchan Zhongda Group Co (SHSE:600704) Business Description

Traded in Other Exchanges
N/A
Address
No. 56 West Huancheng Road, Zhejiang Province, Hangzhou, CHN, 310003
Wuchan Zhongda Group Co Ltd is engaged in industrial investment, equity investment, asset management, investment management, management consulting, information consulting services. It is also engaged in car sales and leasing, e-commerce technology services, used car transactions and services.
Executives
Zhang Bo Director
Wang Qi Ying senior management
Chen Hai Bin senior management
Wang Ting Ge Director
Liu Chun Kai Supervisors
Zhou Xue Tao senior management
Chen Ji Da Director
Fang Ming senior management
Wang Jing Tian Director
Zhu Xie He senior management
Zhang Li senior management
Dong Ke Chao Director
Zhang Biao Director
Hu Xiao Ping senior management
Ji Jia Ren senior management

Wuchan Zhongda Group Co (SHSE:600704) Headlines

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