Sinosoft Co (SHSE:603927) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Sinosoft Co Change In Inventory?

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

Sinosoft Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-126 Mil. It means Sinosoft Co's inventory increased by ¥126 Mil from Dec. 2022 to Dec. 2023 .

Sinosoft Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥713 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sinosoft Co's Days Inventory for the quarter that ended in Mar. 2024 was 70.26.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sinosoft Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.30.

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. Sinosoft Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.53.

Sinosoft Co Change In Inventory Historical Data

The historical data trend for Sinosoft 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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Sinosoft Co Change In Inventory Chart

Sinosoft Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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135.32

-122.27

-120.08

-10.35

-125.83

Sinosoft 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															-	-	-	-	-

Sinosoft 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.

Sinosoft Co (SHSE:603927) Change In Inventory Explanation

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

Sinosoft 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
	=	684.496	/	888.944	*	365 / 4
	=	70.26

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

Sinosoft Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	888.944	/	684.496
	=	1.30

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	684.496	/	1287.45
	=	0.53

Sinosoft Co Change In Inventory Related Terms

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Sinosoft Co (SHSE:603927) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sinosoft Co Ltd (SHSE:603927) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building 6, Xinkexiangyuan,, Zhongguancun, Haidian District, Beijing, CHN, 100190

Website

http://www.sinosoft.com.cn

Sinosoft Co Ltd operates as a software developer and solutions provider. The companies software is actively used in many industries such as medical, energy, civil aviation, government and others. Further, it provides overall planning, technical support, supervision, training and consulting services.

Executives

Sun Xi Jie	Directors, senior managers
Xie Zhong Yang	senior management
Cai Hong	senior management
Wang Xin	senior management
Sun Jing	senior management
Xing Li	Directors, senior managers
Zhang Zhi Hua	senior management
Zuo Chun	Directors, senior managers
Wang Wan Cheng	senior management
Zhang Wei	Directors, senior managers
Zhang Tian Ban	Supervisors
Liang Geng	Director
Zhong Hua	Director

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