Gifore Agricultural Science & Technology Service Co (SZSE:300022) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Gifore Agricultural Science & Technology Service Co Change In Inventory?

Gifore Agricultural Science & Technology Service Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Gifore Agricultural Science & Technology Service Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Gifore Agricultural Science & Technology Service Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-218 Mil. It means Gifore Agricultural Science & Technology Service Co's inventory increased by ¥218 Mil from Dec. 2022 to Dec. 2023 .

Gifore Agricultural Science & Technology Service Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥912 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gifore Agricultural Science & Technology Service Co's Days Inventory for the quarter that ended in Mar. 2024 was 128.62.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gifore Agricultural Science & Technology Service Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.71.

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. Gifore Agricultural Science & Technology Service Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.22.

Gifore Agricultural Science & Technology Service Co Change In Inventory Historical Data

The historical data trend for Gifore Agricultural Science & Technology Service 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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Gifore Agricultural Science & Technology Service Co Change In Inventory Chart

Gifore Agricultural Science & Technology Service Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-68.12

95.52

-119.81

46.74

-217.56

Gifore Agricultural Science & Technology Service 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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Gifore Agricultural Science & Technology Service 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.

Gifore Agricultural Science & Technology Service Co (SZSE:300022) Change In Inventory Explanation

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

Gifore Agricultural Science & Technology Service 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
	=	778.472	/	552.271	*	365 / 4
	=	128.62

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

Gifore Agricultural Science & Technology Service Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	552.271	/	778.472
	=	0.71

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.

Gifore Agricultural Science & Technology Service Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	778.472	/	636.94
	=	1.22

Gifore Agricultural Science & Technology Service Co Change In Inventory Related Terms

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Gifore Agricultural Science & Technology Service Co (SZSE:300022) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Gifore Agricultural Science & Technology Service Co (SZSE:300022) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

No.219, Gangtong North 2nd Road, Chengdu Modern Industrial Port, Sichuan, Chengdu, CHN, 611743

Website

http://www.gifore.com

Gifore Agricultural Machinery Chain Co Ltd operates in the agricultural machinery circulation industry. The business of the company includes sales and service of equipment, agricultural light trucks, and rural general mechanical and electrical.

Executives

Wang Hong Yan	Director
Wang Xin Ming	Directors, executives
He Zhi Wen	Director
Li Yu Ying	Supervisors
Ceng Chen Dong	Directors, executives
Zhao Ze Liang	Directors, executives
Zheng Ge	Directors, executives
Chen De	Supervisors
Ren Dan Hua	Director
Diao Hai Lei	Executives
Huang Xiao Li	Supervisors
Lai Han	Director
Zhang Li Shang	Director

Gifore Agricultural Science & Technology Service Co (SZSE:300022) Headlines

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