Shenzhen MinDe Electronics Technology (SZSE:300656) Change In Inventory : ¥0.0 Mil (TTM As of Mar. 2024)

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What is Shenzhen MinDe Electronics Technology Change In Inventory?

Shenzhen MinDe Electronics Technology's change in inventory for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means Shenzhen MinDe Electronics Technology's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Shenzhen MinDe Electronics Technology's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-10.0 Mil. It means Shenzhen MinDe Electronics Technology's inventory increased by ¥10.0 Mil from Dec. 2022 to Dec. 2023 .

Shenzhen MinDe Electronics Technology's Total Inventories for the quarter that ended in Mar. 2024 was ¥108.3 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shenzhen MinDe Electronics Technology's Days Inventory for the quarter that ended in Mar. 2024 was 231.79.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shenzhen MinDe Electronics Technology's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.39.

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. Shenzhen MinDe Electronics Technology's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.57.

Shenzhen MinDe Electronics Technology Change In Inventory Historical Data

The historical data trend for Shenzhen MinDe Electronics Technology'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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Shenzhen MinDe Electronics Technology Change In Inventory Chart

Shenzhen MinDe Electronics Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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36.07

8.33

-17.28

-24.80

-10.01

Shenzhen MinDe Electronics Technology 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															-	-	-	-	-

Shenzhen MinDe Electronics Technology 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.

Shenzhen MinDe Electronics Technology (SZSE:300656) Change In Inventory Explanation

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

Shenzhen MinDe Electronics Technology's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	102.819	/	40.477	*	365 / 4
	=	231.79

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

Shenzhen MinDe Electronics Technology's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	40.477	/	102.819
	=	0.39

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.

Shenzhen MinDe Electronics Technology's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	102.819	/	65.685
	=	1.57

Shenzhen MinDe Electronics Technology Change In Inventory Related Terms

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Shenzhen MinDe Electronics Technology (SZSE:300656) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Shenzhen MinDe Electronics Technology Ltd (SZSE:300656) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

No.5, Kezhi Xi Road, 5th Floor, Section 1, 25th Block, Keji Yuan, Nanshan District, Shenzhen, CHN, 518057

Website

http://www.mindeo.cn

Shenzhen MinDe Electronics Technology Ltd is a Chinese company engaged in designing, developing and manufacturing barcode scan instruments. Its products include handheld barcode scanners, cordless barcode scanners, scan engines, image platform, and lightweight data terminal, among others. The application domains are manufacturing, retailing, postage, logistic and medical services. It has customers in China and in various other countries.

Executives

Huang Xiao Dong	Directors, executives
Gao Jian	Directors, executives
Luo Yuan Xiong	Supervisors
Zou Shan Feng	Director
Fan Zhang Zheng	Directors, executives
Yi Yang Qing	Directors, executives
Bai Nan	Supervisors
Chen Guo Bing	Securities Affairs Representative
Xu Wen Huan	Directors, executives

Shenzhen MinDe Electronics Technology (SZSE:300656) Headlines

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