Luzhou Laojiao Co (SZSE:000568) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Luzhou Laojiao Co Change In Inventory?

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

Luzhou Laojiao Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-1,781 Mil. It means Luzhou Laojiao Co's inventory increased by ¥1,781 Mil from Dec. 2022 to Dec. 2023 .

Luzhou Laojiao Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥11,827 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Luzhou Laojiao Co's Days Inventory for the quarter that ended in Mar. 2024 was 1,001.37.

Inventory Turnover measures how fast the company turns over its inventory within a year. Luzhou Laojiao Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.09.

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. Luzhou Laojiao Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.28.

Luzhou Laojiao Co Change In Inventory Historical Data

The historical data trend for Luzhou Laojiao 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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Luzhou Laojiao Co Change In Inventory Chart

Luzhou Laojiao Co Annual Data

Trend

Dec14

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Dec22

Dec23

Change In Inventory

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-410.82

-1,054.43

-2,581.91

-2,563.17

-1,781.30

Luzhou Laojiao Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
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Luzhou Laojiao 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.

Luzhou Laojiao Co (SZSE:000568) Change In Inventory Explanation

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

Luzhou Laojiao 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
	=	11724.512	/	1068.393	*	365 / 4
	=	1,001.37

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1068.393	/	11724.512
	=	0.09

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	11724.512	/	9188.402
	=	1.28

Luzhou Laojiao Co Change In Inventory Related Terms

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Luzhou Laojiao Co (SZSE:000568) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Luzhou Laojiao Co Ltd (SZSE:000568) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

Nanguang road, Luzhou Laojiao Marketing Network Command Center, Longmatan District, Sichuan Province, Luzhou, CHN, 646000

Website

https://www.lzlj.com

Luzhou Laojiao, or Laojiao, is one of China's leading premium baijiu producers. Its primary product, National Cellar 1573, is widely known as one of the best rich-flavored baijiu in the market, which together with Feitian Moutai and flagship Wuliangye are the top three premium products that dominate more than 90% of the high-end baijiu market. The high-quality products, extensive history, and brand strength have led to strong pricing power, allowing the company to enjoy high retail prices and profit margins. The State-Owned Assets Supervision and Administration Commission of Luzhou City controls 46% of Luzhou Laojiao.

Luzhou Laojiao Co (SZSE:000568) Headlines

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