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Bright Real Estate Group Co (SHSE:600708) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)


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What is Bright Real Estate Group Co Change In Inventory?

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

Bright Real Estate Group Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥2,791 Mil. It means Bright Real Estate Group Co's inventory declined by ¥2,791 Mil from Dec. 2022 to Dec. 2023 .

Bright Real Estate Group Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥39,158 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bright Real Estate Group Co's Days Inventory for the quarter that ended in Mar. 2024 was 2,059.50.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bright Real Estate Group Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.04.

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. Bright Real Estate Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 20.28.


Bright Real Estate Group Co Change In Inventory Historical Data

The historical data trend for Bright Real Estate 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.

Bright Real Estate Group Co Change In Inventory Chart

Bright Real Estate 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 -12,726.75 154.79 10,462.12 6,957.08 2,790.66

Bright Real Estate 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 - - - - -

Bright Real Estate 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.


Bright Real Estate Group Co  (SHSE:600708) Change In Inventory Explanation

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

Bright Real Estate 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
=39579.1615/1753.628*365 / 4
=2,059.50

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

Bright Real Estate 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.

Bright Real Estate Group Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=39579.1615 / 1951.585
=20.28

* 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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Bright Real Estate Group Co (SHSE:600708) Business Description

Traded in Other Exchanges
N/A
Address
199 North Tibet Road, Jing'an District, Shanghai, CHN, 200070
Bright Real Estate Group Co Ltd is engaged in the development of various types of residential, and commercial office areas. Further it is also involved in the logistic industry chain.

Bright Real Estate Group Co (SHSE:600708) Headlines

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