Qiniu (HKSE:02567) Change In Inventory : HK$20 Mil (TTM As of Dec. 2024)

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What is Qiniu Change In Inventory?

Qiniu's change in inventory for the quarter that ended in Dec. 2024 was HK$20 Mil. It means Qiniu's inventory declined by HK$20 Mil from Dec. 2023 to Dec. 2024 .

Qiniu's change in inventory for the fiscal year that ended in Dec. 2024 was HK$20 Mil. It means Qiniu's inventory declined by HK$20 Mil from Dec. 2023 to Dec. 2024 .

Qiniu's Total Inventories for the quarter that ended in Dec. 2024 was HK$8 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Qiniu's Days Inventory for the quarter that ended in Dec. 2024 was 2.66.

Inventory Turnover measures how fast the company turns over its inventory within a year. Qiniu's Inventory Turnover for the quarter that ended in Dec. 2024 was 68.60.

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. Qiniu's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.01.

Qiniu Change In Inventory Historical Data

The historical data trend for Qiniu'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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Qiniu Change In Inventory Chart

Qiniu Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Change In Inventory

-34.38

4.88

16.85

20.19

Qiniu Semi-Annual Data
	Dec21	Dec22	Dec23	Dec24
Change In Inventory	-34.38	4.88	16.85	20.19

Qiniu 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. 2024 was HK$20 Mil.

Qiniu (HKSE:02567) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	16.811	/	1153.184	*	365 / 2
	=	2.66

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

Qiniu's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1153.184	/	16.811
	=	68.60

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.

Qiniu's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	16.811	/	1437.009
	=	0.01

Qiniu Change In Inventory Related Terms

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Qiniu Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Qiniu Ltd (HKSE:02567) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.66 Boxia Road, Floors 1-4, Building Q, Pudong New District, Shanghai, CHN

Website

http://www.qiniu.ltd

Qiniu Ltd provides audiovisual cloud services in China. Audiovisual cloud services refer to the producing, storing, processing, distributing, analyzing, auditing, retrieving, and recommending unstructured audiovisual content in multi-media formats. PaaS is a computing service model by which cloud service providers offer a suite of hardware and software resources to their users via a platform, enabling the users to focus on writing codes, configuring the service metrics and monitoring of applications without the need to divert time and resources to the development and maintenance of the infrastructure underlying the platform, including maintenance of hardware, updates of operating system, data backup and recovery, internet security, disaster recovery, etc.

Executives

Dream Galaxy Holdings Limited	2101 Beneficial owner
Lyu Guihua	2201 Interest of corporation controlled by you
Dustland Ltd.	2101 Beneficial owner
Chen Mingxing	2202 Interest of your spouse
Xu Shiwei	2201 Interest of corporation controlled by you
Zhou Pei	2202 Interest of your spouse
Qiming Venture Partners Iii, L.p.	2101 Beneficial owner
Qiming Gp Iii, L.p.	2201 Interest of corporation controlled by you
Qiming Corporate Gp Iii, Ltd.	2201 Interest of corporation controlled by you
China Structural Reform Fund Corporation Limited
Everestlu Holding Limited
Mpc Gpgp Ii Ltd.	2201 Interest of corporation controlled by you
Mpc Management Ii L.p.	2201 Interest of corporation controlled by you
Su David Tuong Sing	2201 Interest of corporation controlled by you
Mpc Ii L.p.	2101 Beneficial owner

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