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Dareway Software Co (SHSE:688579) Change In Inventory : ¥0.0 Mil (TTM As of Sep. 2024)


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What is Dareway Software Co Change In Inventory?

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

Dareway Software Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-16.0 Mil. It means Dareway Software Co's inventory increased by ¥16.0 Mil from Dec. 2022 to Dec. 2023 .

Dareway Software Co's Total Inventories for the quarter that ended in Sep. 2024 was ¥84.5 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dareway Software Co's Days Inventory for the quarter that ended in Sep. 2024 was 128.98.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dareway Software Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.71.

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. Dareway Software Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.72.


Dareway Software Co Change In Inventory Historical Data

The historical data trend for Dareway Software 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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Dareway Software Co Change In Inventory Chart

Dareway Software Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.13 -0.51 7.08 -42.67 -15.95

Dareway Software 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 - - - - -

Dareway Software 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.

* 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.


Dareway Software Co  (SHSE:688579) Change In Inventory Explanation

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

Dareway Software 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
=86.928/61.497*365 / 4
=128.98

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

Dareway Software 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.

Dareway Software 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.


Dareway Software Co Change In Inventory Related Terms

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Dareway Software Co Business Description

Traded in Other Exchanges
N/A
Address
No. 300, Gangxing First Road, High-tech Zone, Shandong Province, Jinan, CHN, 250101
Dareway Software Co Ltd is a provider of domestic industry software solutions and services in the fields of smart government affairs, smart medical insurance and medical care, and smart power consumption. The company provides computer software and hardware product development, production, sales and related technical services.
Executives
Sun Ming senior management
Xiao Zong Shui senior management
Zhao Yong Guang Director
Zhang Shi Dong Director
Wang Xin Jun Supervisors
Li Qing Zhong Director

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