CBGH (China Yibai United Guarantee International Holding) Change In Inventory: $0.17 Mil (TTM As of Jun. 2004)

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What is China Yibai United Guarantee International Holding Change In Inventory?

China Yibai United Guarantee International Holding CBGH Change In Inventory is $0.17 Mil as of Jun. 2004.

China Yibai United Guarantee International Holding's change in inventory for the quarter that ended in Jun. 2004 was $-0.15 Mil. It means China Yibai United Guarantee International Holding's inventory increased by $0.15 Mil from Mar. 2004 to Jun. 2004 .

China Yibai United Guarantee International Holding's change in inventory for the fiscal year that ended in Sep. 2003 was $-0.10 Mil. It means China Yibai United Guarantee International Holding's inventory increased by $0.10 Mil from Sep. 2002 to Sep. 2003 .

China Yibai United Guarantee International Holding's Total Inventories for the quarter that ended in Jun. 2004 was $1.25 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Yibai United Guarantee International Holding's Days Inventory for the quarter that ended in Jun. 2004 was 71.47.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Yibai United Guarantee International Holding's Inventory Turnover for the quarter that ended in Jun. 2004 was 1.28.

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. China Yibai United Guarantee International Holding's Inventory-to-Revenue for the quarter that ended in Jun. 2004 was 0.51.

China Yibai United Guarantee International Holding  (OTCPK:CBGH) Change In Inventory Explanation

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

China Yibai United Guarantee International Holding's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=1.1725/1.497*365 / 4
=71.47

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

China Yibai United Guarantee International Holding's Inventory Turnover for the quarter that ended in Jun. 2004 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=1.497 / 1.1725
=1.28

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.

China Yibai United Guarantee International Holding's Inventory to Revenue for the quarter that ended in Jun. 2004 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=1.1725 / 2.285
=0.51

* 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.

China Yibai United Guarantee International Holding Change In Inventory Related Terms

China Yibai United Guarantee International Holding Change In Inventory Historical Data

* Premium members only.

The historical data trend for China Yibai United Guarantee International Holding'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.

China Yibai United Guarantee International Holding Change In Inventory Chart

China Yibai United Guarantee International Holding Annual Data
Trend Sep01 Sep02 Sep03
Change In Inventory
0.02 -0.24 -0.10

China Yibai United Guarantee International Holding Quarterly Data
Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.09 0.18 0.21 -0.08 -0.15

China Yibai United Guarantee International Holding 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 Jun. 2004 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.17 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $0.17 Mil mean?
China Yibai United Guarantee International Holding (CBGH) has a Change In Inventory of $0.17 Mil as of Jun. 2004. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for China Yibai United Guarantee International Holding and its competitors.
Is China Yibai United Guarantee International Holding's Change In Inventory too high?
China Yibai United Guarantee International Holding's current Change In Inventory is $0.17 Mil.
How does China Yibai United Guarantee International Holding's Change In Inventory compare to MRIN and IDAI?
China Yibai United Guarantee International Holding's Change In Inventory of $0.17 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Software company?
A good Change In Inventory depends on the Software industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for China Yibai United Guarantee International Holding and its competitors. China Yibai United Guarantee International Holding's current Change In Inventory is $0.17 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Yibai United Guarantee International Holding stock overvalued right now?
China Yibai United Guarantee International Holding (CBGH) has a current Change In Inventory of $0.17 Mil. The current Change In Inventory is $0.17 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For China Yibai United Guarantee International Holding (CBGH), the current Change In Inventory is $0.17 Mil as of Jun. 2004. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

China Yibai United Guarantee International Holding Business Description

Address 106 - 7550 Birchmount Road, Markham, ON, CAN, L3R 6C6
China Yibai United Guarantee International Holding Inc through its subsidiary, provides mobile device users with on-demand cleaning and other home maintenance services for residential and commercial use through its TidyCall App. The platform includes two versions: TidyCall User for consumers using commercial cleaning services (CSUs) and TidyCall Provider for approved cleaning service providers (CSPs). TidyCall enables interaction between CSUs and CSPs through its on-demand interface, supported by a Two-Way Review/Rating System that allows both parties to rate and review each service discreetly, promoting productivity and service quality. It also uses Geo-Fencing technology to collect real-time geographic information of CSPs and CSUs during service requests, enhancing user safety.