RenRenLe Commercial Group Co (SZSE:002336) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is RenRenLe Commercial Group Co Change In Inventory?

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

RenRenLe Commercial Group Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥495 Mil. It means RenRenLe Commercial Group Co's inventory declined by ¥495 Mil from Dec. 2022 to Dec. 2023 .

RenRenLe Commercial Group Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥292 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. RenRenLe Commercial Group Co's Days Inventory for the quarter that ended in Mar. 2024 was 69.58.

Inventory Turnover measures how fast the company turns over its inventory within a year. RenRenLe Commercial Group Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.31.

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. RenRenLe Commercial Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.55.

RenRenLe Commercial Group Co Change In Inventory Historical Data

The historical data trend for RenRenLe Commercial 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.

RenRenLe Commercial Group Co Change In Inventory Chart

RenRenLe Commercial Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-161.73

-7.47

359.23

290.08

495.44

RenRenLe Commercial 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															-	-	-	-	-

RenRenLe Commercial 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.

RenRenLe Commercial Group Co (SZSE:002336) Change In Inventory Explanation

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

RenRenLe Commercial 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
	=	319.449	/	418.941	*	365 / 4
	=	69.58

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	418.941	/	319.449
	=	1.31

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	319.449	/	583.324
	=	0.55

RenRenLe Commercial Group Co Change In Inventory Related Terms

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

RenRenLe Commercial Group Co (SZSE:002336) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » RenRenLe Commercial Group Co Ltd (SZSE:002336) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

North side of Zhoushi Road, Shiyan Street, Baoan District, Guangdong, Shenzhen, CHN

Website

http://www.renrenle.cn

RenRenLe Commercial Group Co Ltd., located in China, is in the business is of operating hypermarkets, supermarkets, and department stores. The company's main business is hypermarket, Le Super high-end boutique supermarket, Renren music department store, online shopping life supermarket. Geographically the activities are carried out through China.

Executives

Hou Yan Kui	Directors, executives
He Jin Ming	Executives, directors
Song Qi	Directors, executives

RenRenLe Commercial Group Co (SZSE:002336) Headlines

No Headlines