Wuhan Yifi Laser (SHSE:688646) Change In Inventory : ¥0.0 Mil (TTM As of Jun. 2024)

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What is Wuhan Yifi Laser Change In Inventory?

Wuhan Yifi Laser's change in inventory for the quarter that ended in Jun. 2024 was ¥0.0 Mil. It means Wuhan Yifi Laser's inventory stayed the same from Mar. 2024 to Jun. 2024 .

Wuhan Yifi Laser's change in inventory for the fiscal year that ended in Dec. 2023 was ¥16.5 Mil. It means Wuhan Yifi Laser's inventory declined by ¥16.5 Mil from Dec. 2022 to Dec. 2023 .

Wuhan Yifi Laser's Total Inventories for the quarter that ended in Jun. 2024 was ¥557.6 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wuhan Yifi Laser's Days Inventory for the quarter that ended in Jun. 2024 was 251.85.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wuhan Yifi Laser's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.36.

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. Wuhan Yifi Laser's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 2.11.

Wuhan Yifi Laser Change In Inventory Historical Data

The historical data trend for Wuhan Yifi Laser'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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Wuhan Yifi Laser Change In Inventory Chart

Wuhan Yifi Laser Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-85.67

-88.20

40.24

-191.13

16.54

Wuhan Yifi Laser Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Change In Inventory	Get a 7-Day Free Trial									40.08	-	-	-	-

Wuhan Yifi Laser 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0.0 Mil.

Wuhan Yifi Laser (SHSE:688646) Change In Inventory Explanation

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

Wuhan Yifi Laser's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	482.797	/	174.926	*	365 / 4
	=	251.85

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

Wuhan Yifi Laser's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	174.926	/	482.797
	=	0.36

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.

Wuhan Yifi Laser's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	482.797	/	229.161
	=	2.11

Wuhan Yifi Laser Change In Inventory Related Terms

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Wuhan Yifi Laser Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Wuhan Yifi Laser Corp Ltd (SHSE:688646) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 999 Gaoxin Avenue, Room 1101, Building C1, Phase I, Longshan Innovation Park, Wuhan Future Science and Technology City, East Lake High-tech Development Zone, Hubei, Wuhan, CHN, 430000

Website

http://www.yifilaser.com

Wuhan Yifi Laser Corp Ltd is engaged in Research and development, design, production and sales of precision laser processing intelligent equipment.

Executives

Zhao Lai Gen

Director

Wuhan Yifi Laser Headlines

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