UE Furniture Co (SHSE:603600) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is UE Furniture Co Change In Inventory?

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

UE Furniture Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥3 Mil. It means UE Furniture Co's inventory declined by ¥3 Mil from Dec. 2022 to Dec. 2023 .

UE Furniture Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥422 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. UE Furniture Co's Days Inventory for the quarter that ended in Mar. 2024 was 55.96.

Inventory Turnover measures how fast the company turns over its inventory within a year. UE Furniture Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.63.

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. UE Furniture Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.48.

UE Furniture Co Change In Inventory Historical Data

The historical data trend for UE Furniture 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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UE Furniture Co Change In Inventory Chart

UE Furniture Co Annual Data

Trend

Dec14

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Dec16

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Dec20

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Dec22

Dec23

Change In Inventory

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-35.18

-487.59

49.47

293.64

2.96

UE Furniture 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															-	-	-	-	-

UE Furniture 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.

UE Furniture Co (SHSE:603600) Change In Inventory Explanation

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

UE Furniture 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
	=	409.1845	/	667.234	*	365 / 4
	=	55.96

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

UE Furniture Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	667.234	/	409.1845
	=	1.63

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.

UE Furniture Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	409.1845	/	856.686
	=	0.48

UE Furniture Co Change In Inventory Related Terms

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UE Furniture Co (SHSE:603600) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » UE Furniture Co Ltd (SHSE:603600) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

No.1, Yongyi West Road, Dipu Town, Zhejiang Province, Huzhou, Anji County, CHN, 313300

Website

http://www.uechairs.com

UE Furniture Co Ltd is specialized in the research, development, production, and sales of seats. Its products involve office chairs and training, Training chairs, massage chairs, leisure chairs, children's chairs, partly functional seating metal parts sofas and functional seat accessories.

UE Furniture Co (SHSE:603600) Headlines

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