CETC Digital Technology Co (SHSE:600850) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is CETC Digital Technology Co Change In Inventory?

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

CETC Digital Technology Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥144 Mil. It means CETC Digital Technology Co's inventory declined by ¥144 Mil from Dec. 2022 to Dec. 2023 .

CETC Digital Technology Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥4,176 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CETC Digital Technology Co's Days Inventory for the quarter that ended in Mar. 2024 was 217.67.

Inventory Turnover measures how fast the company turns over its inventory within a year. CETC Digital Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.42.

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. CETC Digital Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.95.

CETC Digital Technology Co Change In Inventory Historical Data

The historical data trend for CETC Digital 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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CETC Digital Technology Co Change In Inventory Chart

CETC Digital Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-215.10

185.91

-423.96

-146.32

144.48

CETC Digital Technology 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															-	-	-	-	-

CETC Digital 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0 Mil.

CETC Digital Technology Co (SHSE:600850) Change In Inventory Explanation

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

CETC Digital 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
	=	3894.4195	/	1632.596	*	365 / 4
	=	217.67

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

CETC Digital Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1632.596	/	3894.4195
	=	0.42

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.

CETC Digital Technology Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3894.4195	/	1994.277
	=	1.95

CETC Digital Technology Co Change In Inventory Related Terms

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CETC Digital Technology Co (SHSE:600850) Business Description

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Address

1485 Jialuo Road, 6th Floor, Building 43, Jiading District, Shanghai, CHN, 200233

Website

http://www.shecc.com

CETC Digital Technology Co Ltd is engaged in the development of information systems and software engineering in China. It is also involved in the design, installation, and construction of computer hardware, communication equipment, electronics, integrated system equipment systems integration, network engineering, software engineering and electronic engineering. Its product and services include Data Center Product Solution, Cloud product solutions, and Cloud service management. The company distributes its products within domestic and overseas markets.

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