Digital China Group Co (SZSE:000034) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Digital China Group Co Change In Inventory?

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

Digital China Group Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥323 Mil. It means Digital China Group Co's inventory declined by ¥323 Mil from Dec. 2022 to Dec. 2023 .

Digital China Group Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥13,458 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Digital China Group Co's Days Inventory for the quarter that ended in Mar. 2024 was 42.14.

Inventory Turnover measures how fast the company turns over its inventory within a year. Digital China Group Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.17.

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. Digital China Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.44.

Digital China Group Co Change In Inventory Historical Data

The historical data trend for Digital China Group 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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Digital China Group Co Change In Inventory Chart

Digital China Group Co Annual Data

Trend

Dec14

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Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-2,596.08

-266.06

-4,942.55

2,008.32

323.07

Digital China Group Co 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															-	-	-	-	-

Digital China Group 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0 Mil.

Digital China Group Co (SZSE:000034) Change In Inventory Explanation

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

Digital China Group 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
	=	12898.0655	/	27932.522	*	365 / 4
	=	42.14

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

Digital China Group Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	27932.522	/	12898.0655
	=	2.17

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.

Digital China Group Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	12898.0655	/	29271.539
	=	0.44

Digital China Group Co Change In Inventory Related Terms

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Digital China Group Co (SZSE:000034) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Digital China Group Co Ltd (SZSE:000034) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

No. 8 Kefa Road, Yuehai Street, Building E1, Floor 11, Building 1, Financial Base, Nanshan District, Guangdong Province, Shenzhen, CHN, 100085

Website

http://www.digitalchina.com

Digital China Group Co Ltd is a China-based integrated IT service provider. It is engaged in the business activity of providing services which include product marketing, capital logistics, localized technical support, large data services and cloud computing infrastructure.

Executives

Yang Ming Lang	Executives
Liu Xin	Secretary Dong
Lv Jing	Executives
Xin Xin	Director
Lu Ming	Executives
Chen Zhen Kun	Executives
Li Yan	Executives
Han Zhi Min	Executives
Ye Hai Qiang	Executives
Hao Jun Cheng	Executives
Zhou Li Da	Executives
Wang Xiao Yan	Director
Wu Hao	Executives
Tang Kai	Executives
Wang Ji Ye	Secretary Dong

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