Jiangsu Hongtu High Technology Co (SHSE:600122) Change In Inventory : ¥0 Mil (TTM As of Mar. 2023)

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What is Jiangsu Hongtu High Technology Co Change In Inventory?

Jiangsu Hongtu High Technology Co's change in inventory for the quarter that ended in Mar. 2023 was ¥0 Mil. It means Jiangsu Hongtu High Technology Co's inventory stayed the same from Dec. 2022 to Mar. 2023 .

Jiangsu Hongtu High Technology Co's change in inventory for the fiscal year that ended in Dec. 2022 was ¥-0 Mil. It means Jiangsu Hongtu High Technology Co's inventory increased by ¥0 Mil from Dec. 2021 to Dec. 2022 .

Jiangsu Hongtu High Technology Co's Total Inventories for the quarter that ended in Mar. 2023 was ¥168 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jiangsu Hongtu High Technology Co's Days Inventory for the quarter that ended in Mar. 2023 was 81.76.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jiangsu Hongtu High Technology Co's Inventory Turnover for the quarter that ended in Mar. 2023 was 1.12.

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. Jiangsu Hongtu High Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.79.

Jiangsu Hongtu High Technology Co Change In Inventory Historical Data

The historical data trend for Jiangsu Hongtu High Technology 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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Jiangsu Hongtu High Technology Co Change In Inventory Chart

Jiangsu Hongtu High Technology Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Inventory

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-659.91

1,562.05

126.57

1,440.34

-0.41

Jiangsu Hongtu High Technology Co Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
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Jiangsu Hongtu High Technology 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0 Mil.

Jiangsu Hongtu High Technology Co (SHSE:600122) Change In Inventory Explanation

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

Jiangsu Hongtu High Technology 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
	=	174.2825	/	194.508	*	365 / 4
	=	81.76

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

Jiangsu Hongtu High Technology Co's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	194.508	/	174.2825
	=	1.12

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.

Jiangsu Hongtu High Technology Co's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	174.2825	/	221.83
	=	0.79

Jiangsu Hongtu High Technology Co Change In Inventory Related Terms

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Jiangsu Hongtu High Technology Co (SHSE:600122) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jiangsu Hongtu High Technology Co Ltd (SHSE:600122) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

Block B, Number 68 Software Road, Yuhuatai District, Nanjing, CHN, 210012

Website

http://www.hiteker.com.cn

Jiangsu Hongtu High Technology Co Ltd is engaged in retail, electronics manufacturing, Internet finance, and real estate development activities in the People's Republic of China. It retails computers, telecommunications, smart living, digital products, DIY computer assembly and IT accessories, various products and accessories, various external devices, network and server equipment, office automation and supplies and other accessory products, software products and IT books and service products. The company also offers various services and support, including on-site maintenance, system installation, and commissioning, application guidance, technical maintenance and after-sale services.

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