Zhende Medical Co (SHSE:603301) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Zhende Medical Co Change In Inventory?

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

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

Zhende Medical Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥770 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zhende Medical Co's Days Inventory for the quarter that ended in Mar. 2024 was 114.12.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhende Medical Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.80.

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. Zhende Medical Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.82.

Zhende Medical Co Change In Inventory Historical Data

The historical data trend for Zhende Medical 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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Zhende Medical Co Change In Inventory Chart

Zhende Medical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-47.36

-659.32

279.07

-228.71

-12.70

Zhende Medical 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															-	-	-	-	-

Zhende Medical 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.

Zhende Medical Co (SHSE:603301) Change In Inventory Explanation

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

Zhende Medical 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
	=	785.609	/	628.159	*	365 / 4
	=	114.12

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	628.159	/	785.609
	=	0.80

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	785.609	/	963.887
	=	0.82

Zhende Medical Co Change In Inventory Related Terms

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Zhende Medical Co (SHSE:603301) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Zhende Medical Co Ltd (SHSE:603301) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yubei Industrial Zone, Yucheng Town, Yuecheng District, Zhejiang, Shaoxing City, CHN, 312000

Website

http://www.zhende.com

Zhende Medical Co Ltd provides medical products. The company is engaged in the production and sale of medical dressing, pressure treatment and fixation, modern wound care, surgical infection management, and incontinence care products.

Executives

Xu Da Sheng	Director
Hu Xiu Yuan	Supervisors
Zhang Xian Tao	Director
Shen Zhen Dong	Directors, senior managers
Jin Hai Ping	Director
Shen Zhen Fang	Director
Lu Xing Ping	senior management

Zhende Medical Co (SHSE:603301) Headlines

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