Suzhou Agioe Technologies Co (SHSE:688450) Change In Inventory : ¥9.7 Mil (TTM As of Mar. 2024)

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What is Suzhou Agioe Technologies Co Change In Inventory?

Suzhou Agioe Technologies Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means Suzhou Agioe Technologies Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Suzhou Agioe Technologies Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥13.9 Mil. It means Suzhou Agioe Technologies Co's inventory declined by ¥13.9 Mil from Dec. 2022 to Dec. 2023 .

Suzhou Agioe Technologies Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥51.7 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Suzhou Agioe Technologies Co's Days Inventory for the quarter that ended in Mar. 2024 was 896.26.

Inventory Turnover measures how fast the company turns over its inventory within a year. Suzhou Agioe Technologies Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.10.

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 Agioe Technologies Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 5.53.

Suzhou Agioe Technologies Co Change In Inventory Historical Data

The historical data trend for Suzhou Agioe Technologies 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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Suzhou Agioe Technologies Co Change In Inventory Chart

Suzhou Agioe Technologies Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-17.98

-14.56

-15.06

3.23

13.88

Suzhou Agioe Technologies Co Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial								-8.99	9.67	-	-	-

Suzhou Agioe Technologies 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 ¥9.7 Mil.

Suzhou Agioe Technologies Co (SHSE:688450) Change In Inventory Explanation

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

Suzhou Agioe Technologies 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
	=	48.246	/	4.912	*	365 / 4
	=	896.26

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

Suzhou Agioe Technologies Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4.912	/	48.246
	=	0.10

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	48.246	/	8.731
	=	5.53

Suzhou Agioe Technologies Co Change In Inventory Related Terms

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Suzhou Agioe Technologies Co (SHSE:688450) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Suzhou Agioe Technologies Co Ltd (SHSE:688450) » Definitions » Change In Inventory

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Address

No. 270 Dongping Street, 3C, 3D, Aoyang Shunchang Building, Suzhou Industrial Park, Jiangsu, Suzhou, CHN, 215123

Website

http://www.agioe.com

Suzhou Agioe Technologies Co Ltd is a high-tech enterprise focusing on the research, development, production and sales of a new generation of optical fiber sensing network and asset digital operation and maintenance management system. The company has formed a series of products such as power facility asset monitoring operation and maintenance management system, submarine cable asset monitoring operation and maintenance management system, and integrated pipeline asset monitoring operation and maintenance management system, which are widely used in power grids, offshore wind power, integrated pipelines, petroleum and petrochemical and other important areas of the national economy.

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