Jinan Shengquan Group Share Holding Co (SHSE:605589) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Jinan Shengquan Group Share Holding Co Change In Inventory?

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

Jinan Shengquan Group Share Holding Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-40 Mil. It means Jinan Shengquan Group Share Holding Co's inventory increased by ¥40 Mil from Dec. 2022 to Dec. 2023 .

Jinan Shengquan Group Share Holding Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥1,466 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jinan Shengquan Group Share Holding Co's Days Inventory for the quarter that ended in Mar. 2024 was 79.78.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jinan Shengquan Group Share Holding Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.14.

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. Jinan Shengquan Group Share Holding Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.67.

Jinan Shengquan Group Share Holding Co Change In Inventory Historical Data

The historical data trend for Jinan Shengquan Group Share Holding 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.

Jinan Shengquan Group Share Holding Co Change In Inventory Chart

Jinan Shengquan Group Share Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

79.70

-850.56

-263.15

175.20

-39.50

Jinan Shengquan Group Share Holding 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															-	-	-	-	-

Jinan Shengquan Group Share Holding 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.

Jinan Shengquan Group Share Holding Co (SHSE:605589) Change In Inventory Explanation

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

Jinan Shengquan Group Share Holding 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
	=	1439.938	/	1646.964	*	365 / 4
	=	79.78

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

Jinan Shengquan Group Share Holding Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1646.964	/	1439.938
	=	1.14

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.

Jinan Shengquan Group Share Holding Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1439.938	/	2135.459
	=	0.67

Jinan Shengquan Group Share Holding Co Change In Inventory Related Terms

Thank you for viewing the detailed overview of Jinan Shengquan Group Share Holding Co's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Jinan Shengquan Group Share Holding Co (SHSE:605589) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Jinan Shengquan Group Share Holding Co Ltd (SHSE:605589) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

Diao Town Industrial Economic Development Zone, Zhangqiu District, Shandong Province, Jinan, CHN, 250204

Website

http://www.shengquan.com

Jinan Shengquan Group Share Holding Co Ltd is engaged in the research and development, production and sales of synthetic resin and composite materials, biomass chemical materials and related products.

Jinan Shengquan Group Share Holding Co (SHSE:605589) Headlines

No Headlines