Shinva Medical Instrument Co (SHSE:600587) Change In Inventory : ¥0 Mil (TTM As of Sep. 2024)

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What is Shinva Medical Instrument Co Change In Inventory?

Shinva Medical Instrument Co's change in inventory for the quarter that ended in Sep. 2024 was ¥0 Mil. It means Shinva Medical Instrument Co's inventory stayed the same from Jun. 2024 to Sep. 2024 .

Shinva Medical Instrument Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-540 Mil. It means Shinva Medical Instrument Co's inventory increased by ¥540 Mil from Dec. 2022 to Dec. 2023 .

Shinva Medical Instrument Co's Total Inventories for the quarter that ended in Sep. 2024 was ¥3,442 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shinva Medical Instrument Co's Days Inventory for the quarter that ended in Sep. 2024 was 191.94.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shinva Medical Instrument Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.48.

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. Shinva Medical Instrument Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.57.

Shinva Medical Instrument Co Change In Inventory Historical Data

The historical data trend for Shinva Medical Instrument 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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Shinva Medical Instrument Co Change In Inventory Chart

Shinva Medical Instrument Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-182.57

-256.46

18.01

-726.54

-540.03

Shinva Medical Instrument Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Shinva Medical Instrument 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0 Mil.

Shinva Medical Instrument Co (SHSE:600587) Change In Inventory Explanation

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

Shinva Medical Instrument 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
	=	3503.8405	/	1665.797	*	365 / 4
	=	191.94

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

Shinva Medical Instrument Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1665.797	/	3503.8405
	=	0.48

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.

Shinva Medical Instrument Co's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3503.8405	/	2236.724
	=	1.57

Shinva Medical Instrument Co Change In Inventory Related Terms

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Shinva Medical Instrument Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Shinva Medical Instrument Co Ltd (SHSE:600587) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xinhua Medical Technology Park, New and High-Technology Development Zone, Shandong, Zibo, CHN, 255086

Website

http://www.shinva.com

Shinva Medical Instrument Co Ltd manufactures medical instruments in China. Its main products include sterilizers and testing products, radiotherapy and digital diagnosis equipment, surgical instruments and pharmaceutical machinery.

Executives

Wang Shi Ping	Director
Qu Jing	Supervisors
Chen Xin Gang	Supervisors
Yang Zhao Xu	senior management
Wang Yu Quan	senior management
Wang Ke Xu	Director
Xu Shang Feng	Director
Cui Hong Tao	Director
Zhao Xiao Li	Director
Li Cai Xiang	senior management
Zhao Yong	senior management
Zhao Yi Xin	Director
Ji Yue Xiang	Director
Zhang Shao Jun	Supervisors
Li Xiu Qing	Director

Shinva Medical Instrument Co Headlines

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