Ninebot (SHSE:689009) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Ninebot Change In Inventory?

Ninebot's change in inventory for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Ninebot's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Ninebot's change in inventory for the fiscal year that ended in Dec. 2023 was ¥630 Mil. It means Ninebot's inventory declined by ¥630 Mil from Dec. 2022 to Dec. 2023 .

Ninebot's Total Inventories for the quarter that ended in Mar. 2024 was ¥1,138 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ninebot's Days Inventory for the quarter that ended in Mar. 2024 was 57.55.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ninebot's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.59.

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. Ninebot's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.44.

Ninebot Change In Inventory Historical Data

The historical data trend for Ninebot'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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Ninebot Change In Inventory Chart

Ninebot Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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19.67

-477.33

-1,096.31

415.40

629.96

Ninebot Quarterly Data
	Jun19	Sep19	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															-	-	-	-	-

Ninebot 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 Mil.

Ninebot (SHSE:689009) Change In Inventory Explanation

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

Ninebot's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1123.381	/	1781.353	*	365 / 4
	=	57.55

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

Ninebot's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1781.353	/	1123.381
	=	1.59

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1123.381	/	2562.404
	=	0.44

Ninebot Change In Inventory Related Terms

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Ninebot (SHSE:689009) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Ninebot Ltd (SHSE:689009) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

66 Xixiaokou Road, Zhongguancun Dongsheng Science and Technology Park, Building A, Haidian District, Beijing, CHN, 100192

Website

https://www.ninebot.com

Ninebot Ltd is engaged in the research and development, design, manufacturing, distribution and sales of short-distance transportation products. The products offered by the company include electric balance bikes and electric scooters for short distance commuting.

Executives

Zhao Xin	senior management
Liu Miao	senior management
Fan Xiao Jin	senior management
Zhang Zhen Yuan	Senior management, core technical personnel
Huang Chen	senior management
Chen Zi Chong	Core technical personnel

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