Nanjing OLO Home Furnishing Co (SHSE:603326) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Nanjing OLO Home Furnishing Co Change In Inventory?

Nanjing OLO Home Furnishing Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Nanjing OLO Home Furnishing Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Nanjing OLO Home Furnishing Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-2 Mil. It means Nanjing OLO Home Furnishing Co's inventory increased by ¥2 Mil from Dec. 2022 to Dec. 2023 .

Nanjing OLO Home Furnishing Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥88 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nanjing OLO Home Furnishing Co's Days Inventory for the quarter that ended in Mar. 2024 was 54.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nanjing OLO Home Furnishing Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.66.

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. Nanjing OLO Home Furnishing Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.34.

Nanjing OLO Home Furnishing Co Change In Inventory Historical Data

The historical data trend for Nanjing OLO Home Furnishing 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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Nanjing OLO Home Furnishing Co Change In Inventory Chart

Nanjing OLO Home Furnishing Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-34.76

11.52

-43.95

5.13

-2.41

Nanjing OLO Home Furnishing Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
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Nanjing OLO Home Furnishing 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.

Nanjing OLO Home Furnishing Co (SHSE:603326) Change In Inventory Explanation

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

Nanjing OLO Home Furnishing 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
	=	94.7505	/	157.534	*	365 / 4
	=	54.88

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

Nanjing OLO Home Furnishing Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	157.534	/	94.7505
	=	1.66

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.

Nanjing OLO Home Furnishing Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	94.7505	/	281.617
	=	0.34

Nanjing OLO Home Furnishing Co Change In Inventory Related Terms

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Nanjing OLO Home Furnishing Co (SHSE:603326) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Nanjing OLO Home Furnishing Co Ltd (SHSE:603326) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

No. 218, Qingshuiting West Road, Jiangning Economic and Technological Development Zone, Jiangsu Province, Nanjing, CHN, 211102

Website

http://www.olokitchen.com

Nanjing OLO Home Furnishing Co Ltd operates in the home furnishings and fixtures industry. It is principally engaged in the design, research and development, manufacturing and sales of custom furniture products as well as the provision of related services. The company's main products include the integrated kitchen cabinets, custom wardrobes and the full house.

Executives

	Director
Liu Gui Sheng	senior management
Wang Wu Chao	senior management
Zhang Qi	Supervisors
Zhang Qi	Supervisors
Huang Ning Quan	senior management
Zhang Hua	senior management
Xu Tao	Director
Zhang Xian Hua	senior management
Zhang Lei	Supervisors

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