Shanghai Zhongchen Electronic Technology Co (SHSE:603275) Change In Inventory : ¥0.0 Mil (TTM As of Sep. 2024)

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What is Shanghai Zhongchen Electronic Technology Co Change In Inventory?

Shanghai Zhongchen Electronic Technology Co's change in inventory for the quarter that ended in Sep. 2024 was ¥0.0 Mil. It means Shanghai Zhongchen Electronic Technology Co's inventory stayed the same from Jun. 2024 to Sep. 2024 .

Shanghai Zhongchen Electronic Technology Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-6.5 Mil. It means Shanghai Zhongchen Electronic Technology Co's inventory increased by ¥6.5 Mil from Dec. 2022 to Dec. 2023 .

Shanghai Zhongchen Electronic Technology Co's Total Inventories for the quarter that ended in Sep. 2024 was ¥164.5 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shanghai Zhongchen Electronic Technology Co's Days Inventory for the quarter that ended in Sep. 2024 was 148.45.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shanghai Zhongchen Electronic Technology Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.61.

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. Shanghai Zhongchen Electronic Technology Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.97.

Shanghai Zhongchen Electronic Technology Co Change In Inventory Historical Data

The historical data trend for Shanghai Zhongchen Electronic Technology 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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Shanghai Zhongchen Electronic Technology Co Change In Inventory Chart

Shanghai Zhongchen Electronic Technology Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-17.02

-34.87

-64.11

32.21

-6.51

Shanghai Zhongchen Electronic Technology Co Quarterly Data
	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Inventory	Get a 7-Day Free Trial									-	-	-	-	-

Shanghai Zhongchen Electronic Technology 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0.0 Mil.

Shanghai Zhongchen Electronic Technology Co (SHSE:603275) Change In Inventory Explanation

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

Shanghai Zhongchen Electronic Technology 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
	=	168.733	/	103.717	*	365 / 4
	=	148.45

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

Shanghai Zhongchen Electronic Technology Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	103.717	/	168.733
	=	0.61

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.

Shanghai Zhongchen Electronic Technology Co's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	168.733	/	173.98
	=	0.97

Shanghai Zhongchen Electronic Technology Co Change In Inventory Related Terms

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Shanghai Zhongchen Electronic Technology Co Business Description

Industry

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Traded in Other Exchanges

N/A

Address

No. 3768, Yexin Road, Maogang Town, Songjiang, Shanghai, CHN, 201607

Website

http://www.zoncn.cn

Shanghai Zhongchen Electronic Technology Co Ltd is a high-tech enterprise focusing on the research and development, production, sales and service of electric transmission and industrial automation products. The company's main products are variable frequency drives, servo drive systems and electric new energy vehicle drives. The company has a wide range of products, among which medium and low-voltage variable frequency drives are divided into two categories: general-purpose products and industry-specific products.

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