Jinxi Axle Co (SHSE:600495) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Jinxi Axle Co Change In Inventory?

Jinxi Axle Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Jinxi Axle Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Jinxi Axle Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-86 Mil. It means Jinxi Axle Co's inventory increased by ¥86 Mil from Dec. 2022 to Dec. 2023 .

Jinxi Axle Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥524 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jinxi Axle Co's Days Inventory for the quarter that ended in Mar. 2024 was 209.64.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jinxi Axle Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.44.

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. Jinxi Axle Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.22.

Jinxi Axle Co Change In Inventory Historical Data

The historical data trend for Jinxi Axle 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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Jinxi Axle Co Change In Inventory Chart

Jinxi Axle Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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97.59

19.01

-16.44

15.26

-85.76

Jinxi Axle Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Jinxi Axle 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 ¥0 Mil.

Jinxi Axle Co (SHSE:600495) Change In Inventory Explanation

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

Jinxi Axle 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
	=	541.937	/	235.894	*	365 / 4
	=	209.64

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

Jinxi Axle Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	235.894	/	541.937
	=	0.44

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.

Jinxi Axle Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	541.937	/	244.235
	=	2.22

Jinxi Axle Co Change In Inventory Related Terms

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Jinxi Axle Co (SHSE:600495) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Jinxi Axle Co Ltd (SHSE:600495) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5 North Lane, Heping North Road, Shanxi, Taiyuan, CHN, 030027

Website

http://www.jinxiaxle.com

Jinxi Axle Co Ltd is a China-based company primarily engaged in rail transit equipment. The company is mainly engaged in the production and sales of railway vehicles, axles, wheelsets, bolster side frames, bogies, and other products. The axle products are used to manufacture railway locomotives, trucks, buses, subways, light rail and other rail vehicles. The company mainly distributes its products in domestic and overseas markets.

Executives

Jiang Xin Le

senior management

Jinxi Axle Co (SHSE:600495) Headlines

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