Ribo Fashion Group Co (SHSE:603196) Change In Inventory : ¥0.0 Mil (TTM As of Mar. 2024)

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What is Ribo Fashion Group Co Change In Inventory?

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

Ribo Fashion Group Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥32.7 Mil. It means Ribo Fashion Group Co's inventory declined by ¥32.7 Mil from Dec. 2022 to Dec. 2023 .

Ribo Fashion Group Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥260.7 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ribo Fashion Group Co's Days Inventory for the quarter that ended in Mar. 2024 was 326.56.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ribo Fashion Group Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.28.

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. Ribo Fashion Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.36.

Ribo Fashion Group Co Change In Inventory Historical Data

The historical data trend for Ribo Fashion 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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Ribo Fashion Group Co Change In Inventory Chart

Ribo Fashion Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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34.14

-19.83

-59.20

-151.65

32.67

Ribo Fashion 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															-	-	-	-	-

Ribo Fashion 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 ¥0.0 Mil.

Ribo Fashion Group Co (SHSE:603196) Change In Inventory Explanation

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

Ribo Fashion 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
	=	273.977	/	76.557	*	365 / 4
	=	326.56

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

Ribo Fashion 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
	=	76.557	/	273.977
	=	0.28

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	273.977	/	201.585
	=	1.36

Ribo Fashion Group Co Change In Inventory Related Terms

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Ribo Fashion Group Co (SHSE:603196) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Ribo Fashion Group Co Ltd (SHSE:603196) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 98, Rongyang Road, Zhongshan Street, Songjiang District, Shanghai, CHN, 201600

Website

http://www.ribo.cn

Ribo Fashion Group Co Ltd is engaged in the creative design of quality clothing, process technology, research and development and production and sales, focusing on high-end fashion women's clothing field. Its main products include blouses and shirts, coats, trousers, dresses and skirts and others. The company sells its products under the Broadcast, Personal Point, TAORAY WANG, and CRZ brands.

Executives

Zhang Yun Ju	senior management
Wang Cheng Yu	Directors, senior managers
Lin Liang	Directors, senior managers
Wang Wei Dong	Director
Zheng Zheng	Director

Ribo Fashion Group Co (SHSE:603196) Headlines

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