Wuxi Dingbang Heat Exchange Equipment Co (BJSE:872931) Change In Inventory : ¥21.2 Mil (TTM As of Mar. 2024)

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What is Wuxi Dingbang Heat Exchange Equipment Co Change In Inventory?

Wuxi Dingbang Heat Exchange Equipment Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means Wuxi Dingbang Heat Exchange Equipment Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Wuxi Dingbang Heat Exchange Equipment Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥13.4 Mil. It means Wuxi Dingbang Heat Exchange Equipment Co's inventory declined by ¥13.4 Mil from Dec. 2022 to Dec. 2023 .

Wuxi Dingbang Heat Exchange Equipment Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥107.7 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wuxi Dingbang Heat Exchange Equipment Co's Days Inventory for the quarter that ended in Mar. 2024 was 129.85.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wuxi Dingbang Heat Exchange Equipment Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.70.

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. Wuxi Dingbang Heat Exchange Equipment Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.08.

Wuxi Dingbang Heat Exchange Equipment Co Change In Inventory Historical Data

The historical data trend for Wuxi Dingbang Heat Exchange Equipment 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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Wuxi Dingbang Heat Exchange Equipment Co Change In Inventory Chart

Wuxi Dingbang Heat Exchange Equipment Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-61.50

22.91

12.93

4.34

13.42

Wuxi Dingbang Heat Exchange Equipment Co Quarterly Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-7.81	-9.33	2.84	27.72	-

Wuxi Dingbang Heat Exchange Equipment 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 ¥21.2 Mil.

Wuxi Dingbang Heat Exchange Equipment Co (BJSE:872931) Change In Inventory Explanation

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

Wuxi Dingbang Heat Exchange Equipment 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
	=	113.084	/	79.469	*	365 / 4
	=	129.85

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

Wuxi Dingbang Heat Exchange Equipment Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	79.469	/	113.084
	=	0.70

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.

Wuxi Dingbang Heat Exchange Equipment Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	113.084	/	104.765
	=	1.08

Wuxi Dingbang Heat Exchange Equipment Co Change In Inventory Related Terms

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Wuxi Dingbang Heat Exchange Equipment Co (BJSE:872931) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Wuxi Dingbang Heat Exchange Equipment Co Ltd (BJSE:872931) » Definitions » Change In Inventory

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Address

Houshan South Road, No. 29, Anzhen Town, Xishan District, Jiangsu Province, Wuxi City, CHN, 214104

Website

http://www.ding-bang.com.cn

Wuxi Dingbang Heat Exchange Equipment Co Ltd is engaged in research and development, design, manufacturing and sales of special heat exchange equipment for oil refining and chemical industry. Its products includes various tube heat exchangers, spiral baffle heat exchangers, air-cooled heat exchangers (air coolers), plate-bundle heat exchangers and A2 pressure vessels, as well as planetary differential start of oil extraction machines.

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