Beijing Piesat Information Technology Co (SHSE:688066) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Beijing Piesat Information Technology Co Change In Inventory?

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

Beijing Piesat Information Technology Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-768 Mil. It means Beijing Piesat Information Technology Co's inventory increased by ¥768 Mil from Dec. 2022 to Dec. 2023 .

Beijing Piesat Information Technology Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥1,914 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Beijing Piesat Information Technology Co's Days Inventory for the quarter that ended in Mar. 2024 was 1,171.17.

Inventory Turnover measures how fast the company turns over its inventory within a year. Beijing Piesat Information Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.08.

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. Beijing Piesat Information Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 7.95.

Beijing Piesat Information Technology Co Change In Inventory Historical Data

The historical data trend for Beijing Piesat Information 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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Beijing Piesat Information Technology Co Change In Inventory Chart

Beijing Piesat Information Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-67.57

-45.07

-108.32

-549.34

-768.49

Beijing Piesat Information Technology Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
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Beijing Piesat Information 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0 Mil.

Beijing Piesat Information Technology Co (SHSE:688066) Change In Inventory Explanation

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

Beijing Piesat Information 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
	=	1760.801	/	137.19	*	365 / 4
	=	1,171.17

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

Beijing Piesat Information Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	137.19	/	1760.801
	=	0.08

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.

Beijing Piesat Information Technology Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1760.801	/	221.408
	=	7.95

Beijing Piesat Information Technology Co Change In Inventory Related Terms

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Beijing Piesat Information Technology Co (SHSE:688066) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Beijing Piesat Information Technology Co Ltd (SHSE:688066) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

Xingshikou Road, Room 301, 3rd Floor, Building 5, 4th District, Haidian District, Beijing, CHN, 100195

Website

http://www.piesat.com.cn

Beijing Piesat Information Technology Co Ltd is a satellite application service provider in China. It is one of the first platform companies in china to engage in satellite applications and spatiotemporal big data empowerment industries. Its business model of digitization and information services, which is a domestic and internationally advanced smart earth spatio-temporal big data service provider. The company provides a full range of products and services which is based on multi-source remote sensing big data that is developed based on the independent intellectual property PIE-Engine remote sensing cloud service platform.

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