Guangzhou Risong Intelligent Technology Holding Co (SHSE:688090) Change In Inventory : ¥0 Mil (TTM As of Sep. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Guangzhou Risong Intelligent Technology Holding Co Change In Inventory?

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

Guangzhou Risong Intelligent Technology Holding Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-16 Mil. It means Guangzhou Risong Intelligent Technology Holding Co's inventory increased by ¥16 Mil from Dec. 2022 to Dec. 2023 .

Guangzhou Risong Intelligent Technology Holding Co's Total Inventories for the quarter that ended in Sep. 2024 was ¥220 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Guangzhou Risong Intelligent Technology Holding Co's Days Inventory for the quarter that ended in Sep. 2024 was 89.33.

Inventory Turnover measures how fast the company turns over its inventory within a year. Guangzhou Risong Intelligent Technology Holding Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.02.

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. Guangzhou Risong Intelligent Technology Holding Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.83.

Guangzhou Risong Intelligent Technology Holding Co Change In Inventory Historical Data

The historical data trend for Guangzhou Risong Intelligent Technology Holding 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.

* Premium members only.

Guangzhou Risong Intelligent Technology Holding Co Change In Inventory Chart

Guangzhou Risong Intelligent Technology Holding Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

20.99

182.57

-52.38

-55.74

-16.10

Guangzhou Risong Intelligent Technology Holding 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															-	-	-	-	-

Guangzhou Risong Intelligent Technology Holding 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.

Guangzhou Risong Intelligent Technology Holding Co (SHSE:688090) Change In Inventory Explanation

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

Guangzhou Risong Intelligent Technology Holding 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
	=	214.9145	/	219.546	*	365 / 4
	=	89.33

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

Guangzhou Risong Intelligent Technology Holding Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	219.546	/	214.9145
	=	1.02

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.

Guangzhou Risong Intelligent Technology Holding Co's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	214.9145	/	258.127
	=	0.83

Guangzhou Risong Intelligent Technology Holding Co Change In Inventory Related Terms

Thank you for viewing the detailed overview of Guangzhou Risong Intelligent Technology Holding Co's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Guangzhou Risong Intelligent Technology Holding Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Guangzhou Risong Intelligent Technology Holding Co Ltd (SHSE:688090) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.188 Ruixiang Road, Huangpu District, Guangdong Province, Guangzhou, CHN, 510535

Website

http://www.risongtc.com

Guangzhou Risong Intelligent Technology Holding Co Ltd is engaged in research and development, manufacturing, application, sales and service in the field of robotics and intelligent manufacturing. The company manufactures industrial robots; industrial automatic control system devices; special equipment for the electronics industry; special equipment for environmental protection; special equipment for electrical machinery; metal structures; metal cutting and welding equipment.

Executives

Tang Guo Bao	Core technical personnel
He Yan Bing	Core technical personnel
Chen Ya Yi	senior management
Liu Yi	Core technical personnel
Luo Yuan	Supervisors
Zheng De Lun	senior management
Yan Xue Tao	Director
Liu Er Bin	Directors, senior managers

Guangzhou Risong Intelligent Technology Holding Co Headlines

No Headlines