Xuzhou Zm-Besta Heavy Steel Structure Co (BJSE:835857) Change In Inventory : ¥0.0 Mil (TTM As of Mar. 2024)

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What is Xuzhou Zm-Besta Heavy Steel Structure Co Change In Inventory?

Xuzhou Zm-Besta Heavy Steel Structure Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means Xuzhou Zm-Besta Heavy Steel Structure Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Xuzhou Zm-Besta Heavy Steel Structure Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-5.2 Mil. It means Xuzhou Zm-Besta Heavy Steel Structure Co's inventory increased by ¥5.2 Mil from Dec. 2022 to Dec. 2023 .

Xuzhou Zm-Besta Heavy Steel Structure Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥73.7 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Xuzhou Zm-Besta Heavy Steel Structure Co's Days Inventory for the quarter that ended in Mar. 2024 was 56.38.

Inventory Turnover measures how fast the company turns over its inventory within a year. Xuzhou Zm-Besta Heavy Steel Structure Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.62.

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. Xuzhou Zm-Besta Heavy Steel Structure Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.50.

Xuzhou Zm-Besta Heavy Steel Structure Co Change In Inventory Historical Data

The historical data trend for Xuzhou Zm-Besta Heavy Steel Structure 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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Xuzhou Zm-Besta Heavy Steel Structure Co Change In Inventory Chart

Xuzhou Zm-Besta Heavy Steel Structure Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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20.36

18.25

-14.14

-9.73

-5.24

Xuzhou Zm-Besta Heavy Steel Structure Co Quarterly Data
	Dec18	Jun19	Sep19	Dec19	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															-	-	-	-	-

Xuzhou Zm-Besta Heavy Steel Structure 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 ¥0.0 Mil.

Xuzhou Zm-Besta Heavy Steel Structure Co (BJSE:835857) Change In Inventory Explanation

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

Xuzhou Zm-Besta Heavy Steel Structure 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
	=	76.6435	/	124.045	*	365 / 4
	=	56.38

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

Xuzhou Zm-Besta Heavy Steel Structure Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	124.045	/	76.6435
	=	1.62

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.

Xuzhou Zm-Besta Heavy Steel Structure Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	76.6435	/	154.043
	=	0.50

Xuzhou Zm-Besta Heavy Steel Structure Co Change In Inventory Related Terms

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Xuzhou Zm-Besta Heavy Steel Structure Co (BJSE:835857) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Xuzhou Zm-Besta Heavy Steel Structure Co Ltd (BJSE:835857) » Definitions » Change In Inventory

Traded in Other Exchanges

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Address

North of Huanghe Road and west of Beizong 1st Road, In the Third Industrial Park, Tongshan New District, Jiangsu Province, Xuzhou City, CHN, 221116

Website

http://www.zmbesta.com

Xuzhou Zm-Besta Heavy Steel Structure Co Ltd engages in the manufacture and processing of steel structure products such as heavy steel structures, light steel structures, steel grid frames, steel trusses, non-standard equipment, PC components, and lightweight high-strength new interior and exterior wall panels for prefabricated steel structure buildings, and provide customers with integrated solutions for industrial steel structure buildings and prefabricated steel structure.

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