Zhewen Interactive Group Co (SHSE:600986) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Zhewen Interactive Group Co Change In Inventory?

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

Zhewen Interactive Group Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-1 Mil. It means Zhewen Interactive Group Co's inventory increased by ¥1 Mil from Dec. 2022 to Dec. 2023 .

Zhewen Interactive Group Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zhewen Interactive Group Co's Days Inventory for the quarter that ended in Mar. 2024 was 0.02.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhewen Interactive Group Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 4,988.02.

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. Zhewen Interactive Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Zhewen Interactive Group Co Change In Inventory Historical Data

The historical data trend for Zhewen Interactive 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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Zhewen Interactive Group Co Change In Inventory Chart

Zhewen Interactive Group Co Annual Data

Trend

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Dec22

Dec23

Change In Inventory

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4.82

69.25

-7.22

0.14

-0.76

Zhewen Interactive Group 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															-	-	-	-	-

Zhewen Interactive 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.

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.

Zhewen Interactive Group Co (SHSE:600986) Change In Inventory Explanation

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

Zhewen Interactive 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
	=	0.38	/	1895.448	*	365 / 4
	=	0.02

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

Zhewen Interactive Group Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1895.448	/	0.38
	=	4,988.02

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.

Zhewen Interactive Group Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.38	/	2037.221
	=	0.00

Zhewen Interactive Group Co Change In Inventory Related Terms

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Zhewen Interactive Group Co (SHSE:600986) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Zhewen Interactive Group Co Ltd (SHSE:600986) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

Issa Wenxin Plaza, 5th Floor, Block A, Chaoyang District, Beijing, CHN, 100000

Website

http://www.keda-group.com

Zhewen Interactive Group Co Ltd is engaged in digital marketing, with technology and data driving traffic operations, and digging into the value of traffic. It provides corporate marketing planning, corporate image planning, exhibition and display services; design, production, agency, and advertising.

Zhewen Interactive Group Co (SHSE:600986) Headlines

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