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Ningbo Deye Technology Co (SHSE:605117) Change In Inventory : ¥0 Mil (TTM As of Sep. 2024)


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What is Ningbo Deye Technology Co Change In Inventory?

Ningbo Deye Technology Co's change in inventory for the quarter that ended in Sep. 2024 was ¥0 Mil. It means Ningbo Deye Technology Co's inventory stayed the same from Jun. 2024 to Sep. 2024 .

Ningbo Deye Technology Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥61 Mil. It means Ningbo Deye Technology Co's inventory declined by ¥61 Mil from Dec. 2022 to Dec. 2023 .

Ningbo Deye Technology Co's Total Inventories for the quarter that ended in Sep. 2024 was ¥1,380 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ningbo Deye Technology Co's Days Inventory for the quarter that ended in Sep. 2024 was 63.42.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ningbo Deye Technology Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.44.

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. Ningbo Deye Technology Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.39.


Ningbo Deye Technology Co Change In Inventory Historical Data

The historical data trend for Ningbo Deye 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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Ningbo Deye Technology Co Change In Inventory Chart

Ningbo Deye Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial 2.12 -73.02 -195.37 -418.10 61.16

Ningbo Deye Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Ningbo Deye 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 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.


Ningbo Deye Technology Co  (SHSE:605117) Change In Inventory Explanation

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

Ningbo Deye 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
=1260.4565/1813.622*365 / 4
=63.42

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

Ningbo Deye Technology Co's Inventory Turnover for the quarter that ended in Sep. 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.

Ningbo Deye Technology Co's Inventory to Revenue for the quarter that ended in Sep. 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.


Ningbo Deye Technology Co Change In Inventory Related Terms

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Ningbo Deye Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 26, Yongjiang South Road, Daqi, Beilun District, Zhejiang Province, Ningbo, CHN, 315806
Ningbo Deye Technology Co Ltd is engaged in the production and sales of components such as evaporators, condensers, and frequency conversion control chips, as well as environmental electrical products such as dehumidifiers and, air source heat pump heaters.
Executives
Zhang He Jun Director
Ji De Hai senior management
Liu Shu Jian senior management
Tan Zui Director
He Shi Lin Supervisors

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