GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Zhejiang Cady Industry Co Ltd (SHSE:603073) » Definitions » Change In Inventory

Zhejiang Cady Industry Co (SHSE:603073) Change In Inventory : ¥0.0 Mil (TTM As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Zhejiang Cady Industry Co Change In Inventory?

Zhejiang Cady Industry Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means Zhejiang Cady Industry Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Zhejiang Cady Industry Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥25.8 Mil. It means Zhejiang Cady Industry Co's inventory declined by ¥25.8 Mil from Dec. 2022 to Dec. 2023 .

Zhejiang Cady Industry Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥117.6 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zhejiang Cady Industry Co's Days Inventory for the quarter that ended in Mar. 2024 was 88.48.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhejiang Cady Industry Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.03.

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. Zhejiang Cady Industry Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.72.


Zhejiang Cady Industry Co Change In Inventory Historical Data

The historical data trend for Zhejiang Cady Industry 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.

* Premium members only.

Zhejiang Cady Industry Co Change In Inventory Chart

Zhejiang Cady Industry Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial -5.76 -64.48 11.35 -0.18 25.82

Zhejiang Cady Industry Co Quarterly Data
Dec18 Dec19 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Zhejiang Cady Industry 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 ¥0.0 Mil.

* 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.


Zhejiang Cady Industry Co  (SHSE:603073) Change In Inventory Explanation

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

Zhejiang Cady Industry 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
=117.9425/121.629*365 / 4
=88.48

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

Zhejiang Cady Industry Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

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.

Zhejiang Cady Industry Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

* 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.


Zhejiang Cady Industry Co Change In Inventory Related Terms

Thank you for viewing the detailed overview of Zhejiang Cady Industry Co's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Zhejiang Cady Industry Co (SHSE:603073) Business Description

Traded in Other Exchanges
N/A
Address
Lianshi Town Industrial Park, Nanxun District, Zhejiang Province, Huzhou, CHN, 313013
Zhejiang Cady Industry Co Ltd is engaged in the research and development, production and sales of polyester fabrics, seamless garments and polyester filaments, as well as entrusted processing of dyeing and finishing.

Zhejiang Cady Industry Co (SHSE:603073) Headlines

No Headlines