Cheche Group (Cheche Group) Change In Inventory : $0.0 Mil (TTM As of Dec. 2022)

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What is Cheche Group Change In Inventory?

Cheche Group's change in inventory for the quarter that ended in Dec. 2022 was $0.0 Mil. It means Cheche Group's inventory stayed the same from Jun. 2022 to Dec. 2022 .

Cheche Group's change in inventory for the fiscal year that ended in Dec. 2023 was $0.0 Mil. It means Cheche Group's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Cheche Group's Total Inventories for the quarter that ended in Dec. 2022 was $0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cheche Group's Days Inventory for the quarter that ended in Dec. 2022 was 0.00.

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

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. Cheche Group's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 0.00.

Cheche Group Change In Inventory Historical Data

The historical data trend for Cheche Group'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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Cheche Group Change In Inventory Chart

Cheche Group Annual Data

Trend

Dec21

Dec22

Dec23

Change In Inventory

Cheche Group Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Dec23
Change In Inventory	-	-	-	-	-

Cheche Group 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 Dec. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.0 Mil.

Cheche Group (NAS:CCG) Change In Inventory Explanation

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

Cheche Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	206.81	*	365 / 2
	=	0.00

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

Cheche Group's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	206.81	/	0
	=	N/A

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.

Cheche Group's Inventory to Revenue for the quarter that ended in Dec. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	217.851
	=	0.00

Cheche Group Change In Inventory Related Terms

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Cheche Group (Cheche Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Cheche Group Inc (NAS:CCG) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

13-1 Deshengmenwai Avenue, 8th Floor, Desheng Hopson Fortune Plaza, Xicheng, Beijing, CHN, 100088

Website

https://www.chechegroup.com

Cheche Group Inc is an insurtech company. It is China's independent technology-empowered platform for auto insurance transaction services by digital auto insurance transaction premiums and insurance technology companies. The company has reshaped the traditional auto insurance distribution and services value chain to create a digital platform by improving operational efficiencies, reducing transaction costs, and expanding distribution channels. Its business scope ranges from digital insurance transactions, SaaS platforms for insurance intermediaries, AI-driven insurance pricing and underwriting services, auto insurance services for new energy vehicle (NEV) manufacturers, green auto insurance innovations, etc.

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