Mingguang Haomiao Security Protection Technology Co (BJSE:831856) Change In Inventory : ¥0.0 Mil (TTM As of Sep. 2024)

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What is Mingguang Haomiao Security Protection Technology Co Change In Inventory?

Mingguang Haomiao Security Protection Technology Co's change in inventory for the quarter that ended in Sep. 2024 was ¥0.0 Mil. It means Mingguang Haomiao Security Protection Technology Co's inventory stayed the same from Jun. 2024 to Sep. 2024 .

Mingguang Haomiao Security Protection Technology Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥48.3 Mil. It means Mingguang Haomiao Security Protection Technology Co's inventory declined by ¥48.3 Mil from Dec. 2022 to Dec. 2023 .

Mingguang Haomiao Security Protection Technology Co's Total Inventories for the quarter that ended in Sep. 2024 was ¥229.2 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mingguang Haomiao Security Protection Technology Co's Days Inventory for the quarter that ended in Sep. 2024 was 165.35.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mingguang Haomiao Security Protection Technology Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.55.

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. Mingguang Haomiao Security Protection Technology Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.48.

Mingguang Haomiao Security Protection Technology Co Change In Inventory Historical Data

The historical data trend for Mingguang Haomiao Security Protection 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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Mingguang Haomiao Security Protection Technology Co Change In Inventory Chart

Mingguang Haomiao Security Protection Technology Co Annual Data

Trend

Dec14

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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24.61

23.23

-27.15

-35.04

48.32

Mingguang Haomiao Security Protection Technology Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Mingguang Haomiao Security Protection 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0.0 Mil.

Mingguang Haomiao Security Protection Technology Co (BJSE:831856) Change In Inventory Explanation

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

Mingguang Haomiao Security Protection 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
	=	202.272	/	111.623	*	365 / 4
	=	165.35

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

Mingguang Haomiao Security Protection Technology Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	111.623	/	202.272
	=	0.55

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.

Mingguang Haomiao Security Protection Technology Co's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	202.272	/	136.482
	=	1.48

Mingguang Haomiao Security Protection Technology Co Change In Inventory Related Terms

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Mingguang Haomiao Security Protection Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Mingguang Haomiao Security Protection Technology Co Ltd (BJSE:831856) » Definitions » Change In Inventory

Traded in Other Exchanges

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Address

No. 151 Tiyu Road, Anhui Province, Mingguang, CHN, 239400

Website

https://www.hmvehicle.com

Mingguang Haomiao Security Protection Technology Co Ltd is mainly engaged in the research and development, production, sales and service of various fire trucks, police special vehicles and fire simulation training equipment. The company is committed to providing fire-fighting, elevating, security, and special-purpose fire trucks for the national comprehensive fire rescue team, the government's full-time firefighting team, and the full-time firefighting teams of petroleum, chemical, port, dock, energy and other enterprises, fire simulation training equipment, police equipment, fire pumps and other emergency rescue and firefighting equipment.

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