Hunan Valin Wire & Cable Co (SZSE:001208) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Hunan Valin Wire & Cable Co Change In Inventory?

Hunan Valin Wire & Cable Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Hunan Valin Wire & Cable Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Hunan Valin Wire & Cable Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-31 Mil. It means Hunan Valin Wire & Cable Co's inventory increased by ¥31 Mil from Dec. 2022 to Dec. 2023 .

Hunan Valin Wire & Cable Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥494 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hunan Valin Wire & Cable Co's Days Inventory for the quarter that ended in Mar. 2024 was 54.02.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hunan Valin Wire & Cable Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.69.

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. Hunan Valin Wire & Cable Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.52.

Hunan Valin Wire & Cable Co Change In Inventory Historical Data

The historical data trend for Hunan Valin Wire & Cable 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.

* Premium members only.

Hunan Valin Wire & Cable Co Change In Inventory Chart

Hunan Valin Wire & Cable Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-91.82

53.83

-128.58

-76.17

-31.02

Hunan Valin Wire & Cable Co Quarterly Data
	Dec18	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															-	-	-	-	-

Hunan Valin Wire & Cable 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.

Hunan Valin Wire & Cable Co (SZSE:001208) Change In Inventory Explanation

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

Hunan Valin Wire & Cable 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
	=	468.161	/	790.773	*	365 / 4
	=	54.02

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

Hunan Valin Wire & Cable Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	790.773	/	468.161
	=	1.69

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.

Hunan Valin Wire & Cable Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	468.161	/	902.589
	=	0.52

Hunan Valin Wire & Cable Co Change In Inventory Related Terms

Thank you for viewing the detailed overview of Hunan Valin Wire & Cable Co's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Hunan Valin Wire & Cable Co (SZSE:001208) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hunan Valin Wire & Cable Co Ltd (SZSE:001208) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

No. 1, Jianshe South Road, High-tech Zone, Xiangtan, CHN, 411104

Website

https://www.hlxl.com

Hunan Valin Cable Co Ltd is a special special cable manufacturers, and its products are widely used in aerospace, weaponry, rail transit and high-speed locomotives, mining, new energy, engineering equipment, data communications and other fields.

Hunan Valin Wire & Cable Co (SZSE:001208) Headlines

No Headlines