Guiyang Longmaster Information & Technology Co (SZSE:300288) Change In Inventory : ¥0.0 Mil (TTM As of Mar. 2024)

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What is Guiyang Longmaster Information & Technology Co Change In Inventory?

Guiyang Longmaster Information & Technology Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means Guiyang Longmaster Information & Technology Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Guiyang Longmaster Information & Technology Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-1.3 Mil. It means Guiyang Longmaster Information & Technology Co's inventory increased by ¥1.3 Mil from Dec. 2022 to Dec. 2023 .

Guiyang Longmaster Information & Technology Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥8.4 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Guiyang Longmaster Information & Technology Co's Days Inventory for the quarter that ended in Mar. 2024 was 15.30.

Inventory Turnover measures how fast the company turns over its inventory within a year. Guiyang Longmaster Information & Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 5.96.

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. Guiyang Longmaster Information & Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.11.

Guiyang Longmaster Information & Technology Co Change In Inventory Historical Data

The historical data trend for Guiyang Longmaster Information & Technology 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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Guiyang Longmaster Information & Technology Co Change In Inventory Chart

Guiyang Longmaster Information & Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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2.12

-0.77

1.35

-0.84

-1.28

Guiyang Longmaster Information & Technology 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															-	-	-	-	-

Guiyang Longmaster Information & Technology 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 ¥0.0 Mil.

Guiyang Longmaster Information & Technology Co (SZSE:300288) Change In Inventory Explanation

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

Guiyang Longmaster Information & Technology 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
	=	8.743	/	52.133	*	365 / 4
	=	15.30

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

Guiyang Longmaster Information & Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	52.133	/	8.743
	=	5.96

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.

Guiyang Longmaster Information & Technology Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	8.743	/	79.46
	=	0.11

Guiyang Longmaster Information & Technology Co Change In Inventory Related Terms

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Guiyang Longmaster Information & Technology Co (SZSE:300288) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Guiyang Longmaster Information & Technology Co Ltd (SZSE:300288) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Building,Guiyang Software Park, No. 202, Guiyang, CHN

Website

http://www.longmaster.com.cn

Guiyang Longmaster Information & Technology Co Ltd is an internet service company in the field of medical health. The company's health network operates medical health vertical portal website, providing medical information and online consultation services. In addition, the company operates a telephone voice community telephone with internet thinking.

Executives

Wang Wei	Director
Huang Guo Hong	Director
Jin Guo Wen	Directors, executives
Shi Hong Jun	Supervisors
Wang Hai	Supervisors
Zhang Ke	Independent director
Liu Ling	Director
Ma Ji Ping	Executives

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