M-Grass Ecology And Environment (Group) Co (SZSE:300355) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is M-Grass Ecology And Environment (Group) Co Change In Inventory?

M-Grass Ecology And Environment (Group) Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0 Mil. It means M-Grass Ecology And Environment (Group) Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

M-Grass Ecology And Environment (Group) Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-91 Mil. It means M-Grass Ecology And Environment (Group) Co's inventory increased by ¥91 Mil from Dec. 2022 to Dec. 2023 .

M-Grass Ecology And Environment (Group) Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥338 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. M-Grass Ecology And Environment (Group) Co's Days Inventory for the quarter that ended in Mar. 2024 was 222.51.

Inventory Turnover measures how fast the company turns over its inventory within a year. M-Grass Ecology And Environment (Group) Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.41.

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. M-Grass Ecology And Environment (Group) Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.00.

M-Grass Ecology And Environment (Group) Co Change In Inventory Historical Data

The historical data trend for M-Grass Ecology And Environment (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.
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M-Grass Ecology And Environment (Group) Co Change In Inventory Chart

M-Grass Ecology And Environment (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-21.54

25.46

-10.97

-69.56

-90.66

M-Grass Ecology And Environment (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															-	-	-	-	-

M-Grass Ecology And Environment (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.

M-Grass Ecology And Environment (Group) Co (SZSE:300355) Change In Inventory Explanation

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

M-Grass Ecology And Environment (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
	=	326.6475	/	133.956	*	365 / 4
	=	222.51

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

M-Grass Ecology And Environment (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
	=	133.956	/	326.6475
	=	0.41

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.

M-Grass Ecology And Environment (Group) Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	326.6475	/	163.122
	=	2.00

M-Grass Ecology And Environment (Group) Co Change In Inventory Related Terms

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M-Grass Ecology And Environment (Group) Co (SZSE:300355) Business Description

Industry

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Traded in Other Exchanges

N/A

Address

No. 71 West Yindu building B block 3 layer, Inner Mongolia City College of Hohhot, Huhehot, CHN

Website

http://www.mengcao.com

M-Grass Ecology And Environment (Group) Co Ltd, formerly Inner Mongolia M-Grass Ecology and Environment (Group) Co Ltd is an ecological restoration company. It provides services to industry in ecological restoration, water gardens, eco-ranch, pasture seed industry, and modern grass industry. Geographically operates through China.

Executives

Wang Zhao Ming	Director
Jiao Guo Shan	Director
Xu Yong Li	Director
Wang Yuan Yuan	Executives
Wang Jian Jun	Executives
Zhang Zhen Hua	Independent director
Li Jin Xia	Independent director
Xing Wen Rui	Directors, executives
Huang Fu Sheng	Executives
Guo Li Xia	Supervisors
Sun Xian Hong	Director
Zhao Yan	Director
Hao Yan Tao	Supervisors
Yang Yong Sheng	Supervisors

M-Grass Ecology And Environment (Group) Co (SZSE:300355) Headlines

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