Suzhou Iron Technology Co (SHSE:688329) Change In Inventory : ¥0.0 Mil (TTM As of Sep. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Suzhou Iron Technology Co Change In Inventory?

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

Suzhou Iron Technology Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-19.1 Mil. It means Suzhou Iron Technology Co's inventory increased by ¥19.1 Mil from Dec. 2022 to Dec. 2023 .

Suzhou Iron Technology Co's Total Inventories for the quarter that ended in Sep. 2024 was ¥90.3 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Suzhou Iron Technology Co's Days Inventory for the quarter that ended in Sep. 2024 was 174.08.

Inventory Turnover measures how fast the company turns over its inventory within a year. Suzhou Iron Technology Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.52.

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. Suzhou Iron Technology Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.06.

Suzhou Iron Technology Co Change In Inventory Historical Data

The historical data trend for Suzhou Iron 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.

* Premium members only.

Suzhou Iron Technology Co Change In Inventory Chart

Suzhou Iron Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-10.74

-11.00

-12.64

11.07

-19.06

Suzhou Iron 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															-	-	-	-	-

Suzhou Iron 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.

Suzhou Iron Technology Co (SHSE:688329) Change In Inventory Explanation

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

Suzhou Iron 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
	=	86.3815	/	45.28	*	365 / 4
	=	174.08

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

Suzhou Iron 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
	=	45.28	/	86.3815
	=	0.52

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.

Suzhou Iron Technology Co's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	86.3815	/	81.15
	=	1.06

Suzhou Iron Technology Co Change In Inventory Related Terms

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

Suzhou Iron Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Suzhou Iron Technology Co Ltd (SHSE:688329) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 27, Xinfa Road, Suzhou Industrial Park, Suzhou Area, Jiangsu Pilot Free Trade Zone, Suzhou, CHN, 215002

Website

http://www.iron-tech.cn

Suzhou Iron Technology Co Ltd provide overall solutions for the intelligent management of medical supplies for medical service institutions at all levels. The products mainly include coverage Intelligent management equipment and software information platform for medical supplies in three sectors namely smart pharmacy, smart ward, and smart logistics.

Executives

Li Zhao	senior management
Dong Qiu Ming	Supervisors

Suzhou Iron Technology Co Headlines

No Headlines