Ninetowns Internet Technology Group Co (FRA:NQU) Change In Inventory : €-0.05 Mil (TTM As of Dec. 2013)

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What is Ninetowns Internet Technology Group Co Change In Inventory?

Ninetowns Internet Technology Group Co's change in inventory for the quarter that ended in Dec. 2013 was €-0.05 Mil. It means Ninetowns Internet Technology Group Co's inventory increased by €0.05 Mil from Dec. 2012 to Dec. 2013 .

Ninetowns Internet Technology Group Co's change in inventory for the fiscal year that ended in Dec. 2013 was €-0.05 Mil. It means Ninetowns Internet Technology Group Co's inventory increased by €0.05 Mil from Dec. 2012 to Dec. 2013 .

Ninetowns Internet Technology Group Co's Total Inventories for the quarter that ended in Dec. 2013 was €0.47 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ninetowns Internet Technology Group Co's Days Inventory for the quarter that ended in Dec. 2013 was 17.05.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ninetowns Internet Technology Group Co's Inventory Turnover for the quarter that ended in Dec. 2013 was 10.71.

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. Ninetowns Internet Technology Group Co's Inventory-to-Revenue for the quarter that ended in Dec. 2013 was 0.03.

Ninetowns Internet Technology Group Co Change In Inventory Historical Data

The historical data trend for Ninetowns Internet Technology Group 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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Ninetowns Internet Technology Group Co Change In Inventory Chart

Ninetowns Internet Technology Group Co Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Change In Inventory

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-0.10

0.01

-0.12

0.03

-0.05

Ninetowns Internet Technology Group Co Semi-Annual Data
	Dec01	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13
Change In Inventory	Get a 7-Day Free Trial								-0.10	0.01	-0.12	0.03	-0.05

Ninetowns Internet Technology Group Co Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2013 was €-0.05 Mil.

Ninetowns Internet Technology Group Co (FRA:NQU) Change In Inventory Explanation

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

Ninetowns Internet Technology Group 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
	=	0.4515	/	4.834	*	365 / 2
	=	17.05

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

Ninetowns Internet Technology Group Co's Inventory Turnover for the quarter that ended in Dec. 2013 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4.834	/	0.4515
	=	10.71

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.

Ninetowns Internet Technology Group Co's Inventory to Revenue for the quarter that ended in Dec. 2013 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.4515	/	12.962
	=	0.03

Ninetowns Internet Technology Group Co Change In Inventory Related Terms

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Ninetowns Internet Technology Group Co Business Description

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http://www.ninetowns.com

Ninetowns Internet Technology Group Co Ltd was incorporated in the Cayman Islands as a limited liability company on February 8, 2002 as "Ninetowns Digital World Trade Technology Holdings Limited". It changed its name to "Ninetowns Digital World Trade One Technology Holdings Limited" on June 14, 2002 and then to "Ninetowns Digital World Trade Holdings Limited" on April 7, 2003. The Company is a PRC software company that enables enterprises and trade-related PRC government agencies to streamline the import/export process in China. Its enterprise software products consist of standardized, easy-to-install applications that simplify the declaration and approval process for international trade enterprises in China. Its enterprise software automates and facilitates the processing of the required import/export declarations and approvals in a cost-efficient, user-friendly and legally-compliant manner over the Internet, utilizing an electronic infrastructure it helped build that links together numerous branch offices of the PRC Inspections Administration. Through its software development services, it assists in the development and maintenance of the software systems used to process electronic filings by the PRC Inspections Administration and the data exchange platforms which serve as the interface between such systems and its enterprise software users.

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