China Haisum Engineering Co (SZSE:002116) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is China Haisum Engineering Co Change In Inventory?

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

China Haisum Engineering Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥1 Mil. It means China Haisum Engineering Co's inventory declined by ¥1 Mil from Dec. 2022 to Dec. 2023 .

China Haisum Engineering Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥8 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Haisum Engineering Co's Days Inventory for the quarter that ended in Mar. 2024 was 0.40.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Haisum Engineering Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 226.88.

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. China Haisum Engineering Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

China Haisum Engineering Co Change In Inventory Historical Data

The historical data trend for China Haisum Engineering 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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China Haisum Engineering Co Change In Inventory Chart

China Haisum Engineering Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-52.08

-26.96

47.91

3.99

1.40

China Haisum Engineering 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															-	-	-	-	-

China Haisum Engineering 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.

China Haisum Engineering Co (SZSE:002116) Change In Inventory Explanation

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

China Haisum Engineering 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
	=	4.6615	/	1057.591	*	365 / 4
	=	0.40

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1057.591	/	4.6615
	=	226.88

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4.6615	/	1239.141
	=	0.00

China Haisum Engineering Co Change In Inventory Related Terms

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China Haisum Engineering Co (SZSE:002116) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China Haisum Engineering Co Ltd (SZSE:002116) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 21 Baoqing Road, Shanghai, Shanghai, CHN, 200031

Website

http://www.haisum.com

China Haisum Engineering Co Ltd is a China-based company engaged in engineering design, consulting, supervision and contracting business. Its business scope covers light and textile, trade and commissariat, agriculture and forestry, machinery, municipal public utility, and architecture.

Executives

Chen Ping	Supervisors
Yan Xiao Jian	Director
Li Nong	Supervisors
Zhang Jian Xin	Directors, executives
Lin Hong Yang	Executives
Weng Wei Min	Executives
Hu Xiao Ping	Directors, executives
Xu Qiu Hong	Director
Xu Ping Jia	Executives
Qi Yong Yi	Executives
Bian Jun Yi	Executives
Fan Yan	Executives
Xu Da Tong	Executives
Chen An Min	Director
Lu Yu Chu	Supervisors

China Haisum Engineering Co (SZSE:002116) Headlines

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