Ningbo David Medical Device Co (SZSE:300314) Change In Inventory : ¥0.0 Mil (TTM As of Mar. 2024)

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What is Ningbo David Medical Device Co Change In Inventory?

Ningbo David Medical Device Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means Ningbo David Medical Device Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Ningbo David Medical Device Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-12.3 Mil. It means Ningbo David Medical Device Co's inventory increased by ¥12.3 Mil from Dec. 2022 to Dec. 2023 .

Ningbo David Medical Device Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥161.6 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ningbo David Medical Device Co's Days Inventory for the quarter that ended in Mar. 2024 was 227.34.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ningbo David Medical Device Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.40.

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. Ningbo David Medical Device Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.03.

Ningbo David Medical Device Co Change In Inventory Historical Data

The historical data trend for Ningbo David Medical Device 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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Ningbo David Medical Device Co Change In Inventory Chart

Ningbo David Medical Device Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-13.30

-13.54

-35.31

-11.40

-12.27

Ningbo David Medical Device 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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Ningbo David Medical Device 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.

Ningbo David Medical Device Co (SZSE:300314) Change In Inventory Explanation

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

Ningbo David Medical Device 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
	=	160.4965	/	64.421	*	365 / 4
	=	227.34

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

Ningbo David Medical Device Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	64.421	/	160.4965
	=	0.40

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.

Ningbo David Medical Device Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	160.4965	/	155.329
	=	1.03

Ningbo David Medical Device Co Change In Inventory Related Terms

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Ningbo David Medical Device Co (SZSE:300314) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Ningbo David Medical Device Co Ltd (SZSE:300314) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.35, Jinxing Road, Binhai Industry Park, Ningbo, CHN, 315712

Website

http://www.nbdavid.com

Ningbo David Medical Device Co Ltd operates in the medical device industry. The company specializes in an independent research and development, production and distribution of medical equipment. The main products of the company are infant incubator, transport incubator, infant radiant warmer, neonate bilirubin phototherapy equipment and infant resuscitator.

Executives

Ma Jian Min	Executives
Chen Zai Hong	Directors, executives
Chen Yun Qin	Director
Mao Tian Yi	Executives
Li Ze Dong	Directors, Directors, and Executives
Lin Ding Yu	Executives
Yu Yong Wei	Directors, executives
Wang Yao	Independent director
Xu Fang Fang	Director

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