Guoguang Electric Co Chengdu (SHSE:688776) Change In Inventory : ¥0.0 Mil (TTM As of Mar. 2024)

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What is Guoguang Electric Co Chengdu Change In Inventory?

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

Guoguang Electric Co Chengdu's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-7.5 Mil. It means Guoguang Electric Co Chengdu's inventory increased by ¥7.5 Mil from Dec. 2022 to Dec. 2023 .

Guoguang Electric Co Chengdu's Total Inventories for the quarter that ended in Mar. 2024 was ¥232.8 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Guoguang Electric Co Chengdu's Days Inventory for the quarter that ended in Mar. 2024 was 231.60.

Inventory Turnover measures how fast the company turns over its inventory within a year. Guoguang Electric Co Chengdu's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.39.

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. Guoguang Electric Co Chengdu's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.50.

Guoguang Electric Co Chengdu Change In Inventory Historical Data

The historical data trend for Guoguang Electric Co Chengdu'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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Guoguang Electric Co Chengdu Change In Inventory Chart

Guoguang Electric Co Chengdu Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-3.49

-14.26

-33.46

-58.66

-7.46

Guoguang Electric Co Chengdu Quarterly Data
	Dec17	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Guoguang Electric Co Chengdu 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 ¥0.0 Mil.

Guoguang Electric Co Chengdu (SHSE:688776) Change In Inventory Explanation

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

Guoguang Electric Co Chengdu's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	239.128	/	94.216	*	365 / 4
	=	231.60

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

Guoguang Electric Co Chengdu's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	94.216	/	239.128
	=	0.39

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.

Guoguang Electric Co Chengdu's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	239.128	/	159.182
	=	1.50

Guoguang Electric Co Chengdu Change In Inventory Related Terms

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Guoguang Electric Co Chengdu (SHSE:688776) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Guoguang Electric Co Ltd Chengdu (SHSE:688776) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

No.117 Xingguang West Road, Chengdu Economic and Technological Development Zone, Sichuan Province, Chengdu, CHN, 610100

Website

http://www.chinaguoguang.com

Guoguang Electric Co Ltd Chengdu is engaged in the research and development, production and sales of vacuum and microwave application products.

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