Loctek Ergonomic Technology (SZSE:300729) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Loctek Ergonomic Technology Change In Inventory?

Loctek Ergonomic Technology's change in inventory for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Loctek Ergonomic Technology's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Loctek Ergonomic Technology's change in inventory for the fiscal year that ended in Dec. 2023 was ¥29 Mil. It means Loctek Ergonomic Technology's inventory declined by ¥29 Mil from Dec. 2022 to Dec. 2023 .

Loctek Ergonomic Technology's Total Inventories for the quarter that ended in Mar. 2024 was ¥512 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Loctek Ergonomic Technology's Days Inventory for the quarter that ended in Mar. 2024 was 57.54.

Inventory Turnover measures how fast the company turns over its inventory within a year. Loctek Ergonomic Technology's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.59.

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. Loctek Ergonomic Technology's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.43.

Loctek Ergonomic Technology Change In Inventory Historical Data

The historical data trend for Loctek Ergonomic 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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Loctek Ergonomic Technology Change In Inventory Chart

Loctek Ergonomic Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-26.00

-356.44

4.44

7.07

28.96

Loctek Ergonomic 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															-	-	-	-	-

Loctek Ergonomic 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 Mil.

Loctek Ergonomic Technology (SZSE:300729) Change In Inventory Explanation

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

Loctek Ergonomic 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
	=	485.9035	/	770.594	*	365 / 4
	=	57.54

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

Loctek Ergonomic Technology's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	770.594	/	485.9035
	=	1.59

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.

Loctek Ergonomic Technology's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	485.9035	/	1121.582
	=	0.43

Loctek Ergonomic Technology Change In Inventory Related Terms

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Loctek Ergonomic Technology (SZSE:300729) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Loctek Ergonomic Technology Corp (SZSE:300729) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

No.757 Rili Middle Road, Floor 20 Aux Building, Yinzhou District, Ningbo, CHN, 315199

Website

http://www.loctek.com

Loctek Ergonomic Technology Corp is a China-based company. The company manufactures office systems and equipment including height adjustable desk, sit-stand workstation, monitor arm, TV wall mount specifically designed for plasma, LCD, and LED TVs and exercise bike in China. It also offers table mounts, wall furniture, carts, projector screen, speaker stands.

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