Mengtian Home Group (SHSE:603216) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Mengtian Home Group Change In Inventory?

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

Mengtian Home Group's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-13 Mil. It means Mengtian Home Group's inventory increased by ¥13 Mil from Dec. 2022 to Dec. 2023 .

Mengtian Home Group's Total Inventories for the quarter that ended in Mar. 2024 was ¥90 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mengtian Home Group's Days Inventory for the quarter that ended in Mar. 2024 was 53.35.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mengtian Home Group's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.71.

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. Mengtian Home Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.43.

Mengtian Home Group Change In Inventory Historical Data

The historical data trend for Mengtian Home Group'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.

Mengtian Home Group Change In Inventory Chart

Mengtian Home Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

48.82

-30.38

-16.65

26.31

-13.14

Mengtian Home Group Quarterly Data
	Dec17	Dec18	Dec19	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														-	-	-	-	-

Mengtian Home Group 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.

Mengtian Home Group (SHSE:603216) Change In Inventory Explanation

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

Mengtian Home Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	93.3815	/	159.734	*	365 / 4
	=	53.35

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

Mengtian Home Group's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	159.734	/	93.3815
	=	1.71

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.

Mengtian Home Group's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	93.3815	/	217.454
	=	0.43

Mengtian Home Group Change In Inventory Related Terms

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

Mengtian Home Group (SHSE:603216) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Mengtian Home Group Inc (SHSE:603216) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

No. 88 Changjiang Road, Huimin Street, Jiashan County, Zhejiang Province, Jiaxing, CHN, 314100

Website

https://www.mengtian.com

Mengtian Home Group Inc is engaged in the design, development, production and sales of customized wooden furniture such as wooden doors, wall panels and cabinets.

Mengtian Home Group (SHSE:603216) Headlines

No Headlines