Ningbo Construction Co (SHSE:601789) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Ningbo Construction Co Change In Inventory?

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

Ningbo Construction Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥12 Mil. It means Ningbo Construction Co's inventory declined by ¥12 Mil from Dec. 2022 to Dec. 2023 .

Ningbo Construction Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥1,035 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ningbo Construction Co's Days Inventory for the quarter that ended in Mar. 2024 was 16.27.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ningbo Construction Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 5.61.

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. Ningbo Construction Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.17.

Ningbo Construction Co Change In Inventory Historical Data

The historical data trend for Ningbo Construction 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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Ningbo Construction Co Change In Inventory Chart

Ningbo Construction Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-692.01

44.53

-298.46

-981.22

12.18

Ningbo Construction 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															-	-	-	-	-

Ningbo Construction 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.

Ningbo Construction Co (SHSE:601789) Change In Inventory Explanation

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

Ningbo Construction 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
	=	939.242	/	5267.121	*	365 / 4
	=	16.27

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5267.121	/	939.242
	=	5.61

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	939.242	/	5671.54
	=	0.17

Ningbo Construction Co Change In Inventory Related Terms

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Ningbo Construction Co (SHSE:601789) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ningbo Construction Co Ltd (SHSE:601789) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

No.538, Ningtong Road, Yinzhou District, Ningbo, CHN, 315040

Website

http://www.jiangong.com.cn

Ningbo Construction Co Ltd is a China-based construction company. It is engaged in the housing construction and general construction business. In addition, the company is also involved in the operation of civil engineering, engineering design, municipal garden, equipment installation and equipment leasing. Its business scope covers engineering survey, architectural design, housing construction and municipal general contracting, rail transit, mechanical and electrical equipment installation, decoration and decoration, steel structure, commercial concrete and prefabricated components. The business segments of the company are the Survey and design section, General contracting sector, and Industrial building sector.

Executives

Chen Xian Hua	Director
Pan Xin Qiang	Director
Chen Jian Guo	Director
Li Zhang Chun	senior management
Weng Hai Yong	Director
Lu Xiang Kang	Supervisors
Yu Wu Zheng	Supervisors
Chen Bao Kang	senior management
Wang Shan Bo	Director
Meng Wen Hua	Director
Xu Wen Wei	Director
Huang Huan Jun	senior management
Zhou Gang Xiang	Supervisors
Li Shui Ming	senior management

Ningbo Construction Co (SHSE:601789) Headlines

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