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Wuhan Dameng Database Co (SHSE:688692) Change In Inventory : ¥0.0 Mil (TTM As of Sep. 2024)


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What is Wuhan Dameng Database Co Change In Inventory?

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

Wuhan Dameng Database Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-1.0 Mil. It means Wuhan Dameng Database Co's inventory increased by ¥1.0 Mil from Dec. 2022 to Dec. 2023 .

Wuhan Dameng Database Co's Total Inventories for the quarter that ended in Sep. 2024 was ¥9.3 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wuhan Dameng Database Co's Days Inventory for the quarter that ended in Sep. 2024 was 51.18.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wuhan Dameng Database Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.78.

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 Dameng Database Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.15.


Wuhan Dameng Database Co Change In Inventory Historical Data

The historical data trend for Wuhan Dameng Database 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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Wuhan Dameng Database Co Change In Inventory Chart

Wuhan Dameng Database Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
-15.96 -0.09 29.80 -25.50 -0.96

Wuhan Dameng Database Co Quarterly Data
Dec19 Dec20 Sep21 Dec21 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 - - - - -

Wuhan Dameng Database 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.


Wuhan Dameng Database Co  (SHSE:688692) Change In Inventory Explanation

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

Wuhan Dameng Database 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
=42.674/76.084*365 / 4
=51.18

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

Wuhan Dameng Database 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.

Wuhan Dameng Database 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.


Wuhan Dameng Database Co Change In Inventory Related Terms

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Wuhan Dameng Database Co Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 999 Gaoxin Avenue, Floors 16-19, Building C3, Future Technology Building, East Lake New Technology Development Zone, Hubei Province, Wuhan, CHN, 430000
Website
Wuhan Dameng Database Co Ltd is engaged in providing a series of database products and related technical services such as various database software and cluster software, cloud computing and big data products, and database all-in-one machines. Its products include DM8 & Cluster Software, DMRWC, DMDataWatch etc. Its products are used in industries including finance, energy, aviation and communications.

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