Zhengzhou Qianweiyangchu Food Co (SZSE:001215) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Zhengzhou Qianweiyangchu Food Co Change In Inventory?

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

Zhengzhou Qianweiyangchu Food Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-43 Mil. It means Zhengzhou Qianweiyangchu Food Co's inventory increased by ¥43 Mil from Dec. 2022 to Dec. 2023 .

Zhengzhou Qianweiyangchu Food Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥262 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zhengzhou Qianweiyangchu Food Co's Days Inventory for the quarter that ended in Mar. 2024 was 64.82.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhengzhou Qianweiyangchu Food Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.41.

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. Zhengzhou Qianweiyangchu Food Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.53.

Zhengzhou Qianweiyangchu Food Co Change In Inventory Historical Data

The historical data trend for Zhengzhou Qianweiyangchu Food 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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Zhengzhou Qianweiyangchu Food Co Change In Inventory Chart

Zhengzhou Qianweiyangchu Food Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-43.46

-17.06

-45.91

-20.37

-43.47

Zhengzhou Qianweiyangchu Food Co Quarterly Data
	Dec17	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
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Zhengzhou Qianweiyangchu Food 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.

Zhengzhou Qianweiyangchu Food Co (SZSE:001215) Change In Inventory Explanation

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

Zhengzhou Qianweiyangchu Food 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
	=	245.4575	/	345.547	*	365 / 4
	=	64.82

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

Zhengzhou Qianweiyangchu Food Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	345.547	/	245.4575
	=	1.41

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.

Zhengzhou Qianweiyangchu Food Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	245.4575	/	463.496
	=	0.53

Zhengzhou Qianweiyangchu Food Co Change In Inventory Related Terms

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Zhengzhou Qianweiyangchu Food Co (SZSE:001215) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Zhengzhou Qianweiyangchu Food Co Ltd (SZSE:001215) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

Zhengzhou High-tech Zone, No. 2, Hongfengli, Henan Province, Zhengzhou, CHN, 450001

Website

https://www.qianweiyangchu.com

Zhengzhou Qianwei Central Kitchen Food Co Ltd is engaged in production and sales of quick-frozen noodle products for catering companies.

Zhengzhou Qianweiyangchu Food Co (SZSE:001215) Headlines

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