Funshine Culture Group Co (SZSE:300860) Change In Inventory : ¥0.0 Mil (TTM As of Mar. 2024)

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What is Funshine Culture Group Co Change In Inventory?

Funshine Culture Group Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means Funshine Culture Group Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Funshine Culture Group Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-1.4 Mil. It means Funshine Culture Group Co's inventory increased by ¥1.4 Mil from Dec. 2022 to Dec. 2023 .

Funshine Culture Group Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥87.7 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Funshine Culture Group Co's Days Inventory for the quarter that ended in Mar. 2024 was 235.57.

Inventory Turnover measures how fast the company turns over its inventory within a year. Funshine Culture Group Co'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. Funshine Culture Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.30.

Funshine Culture Group Co Change In Inventory Historical Data

The historical data trend for Funshine Culture 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.
* 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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Funshine Culture Group Co Change In Inventory Chart

Funshine Culture Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-161.58

306.96

-64.86

57.77

-1.36

Funshine Culture 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															-	-	-	-	-

Funshine Culture 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 ¥0.0 Mil.

Funshine Culture Group Co (SZSE:300860) Change In Inventory Explanation

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

Funshine Culture 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
	=	79.595	/	30.832	*	365 / 4
	=	235.57

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

Funshine Culture 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
	=	30.832	/	79.595
	=	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.

Funshine Culture Group Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	79.595	/	34.535
	=	2.30

Funshine Culture Group Co Change In Inventory Related Terms

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Funshine Culture Group Co (SZSE:300860) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Funshine Culture Group Co Ltd (SZSE:300860) » Definitions » Change In Inventory

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Address

No. 1 Qinglong Hutong, Room 1606, 16th Floor, Dongcheng District, Beijing, CHN, 100007

Website

http://www.fssjart.com

Funshine Culture Group Co Ltd is engaged in different types of business in various art events and cultural activities both domestically and internationally, including planning, art creation and design, stage arts design, urban landscape construction and the lighting and audio project designing theatre and art venues. The company operates in four segments namely events and stage lighting; landscape lighting and interpretation; multimedia creative production; live performance and cultural tourism synthesis services.

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