Shanghai Hi-Tech Control System Co (SZSE:002184) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Shanghai Hi-Tech Control System Co Change In Inventory?

Shanghai Hi-Tech Control System Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Shanghai Hi-Tech Control System Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Shanghai Hi-Tech Control System Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-460 Mil. It means Shanghai Hi-Tech Control System Co's inventory increased by ¥460 Mil from Dec. 2022 to Dec. 2023 .

Shanghai Hi-Tech Control System Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥1,021 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shanghai Hi-Tech Control System Co's Days Inventory for the quarter that ended in Mar. 2024 was 235.15.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shanghai Hi-Tech Control System Co'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. Shanghai Hi-Tech Control System Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.06.

Shanghai Hi-Tech Control System Co Change In Inventory Historical Data

The historical data trend for Shanghai Hi-Tech Control System 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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Shanghai Hi-Tech Control System Co Change In Inventory Chart

Shanghai Hi-Tech Control System Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-32.20

92.91

-80.67

-195.31

-459.64

Shanghai Hi-Tech Control System 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															-	-	-	-	-

Shanghai Hi-Tech Control System 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.

Shanghai Hi-Tech Control System Co (SZSE:002184) Change In Inventory Explanation

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

Shanghai Hi-Tech Control System 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
	=	982.614	/	381.296	*	365 / 4
	=	235.15

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

Shanghai Hi-Tech Control System Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	381.296	/	982.614
	=	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.

Shanghai Hi-Tech Control System Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	982.614	/	477.797
	=	2.06

Shanghai Hi-Tech Control System Co Change In Inventory Related Terms

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Shanghai Hi-Tech Control System Co (SZSE:002184) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Shanghai Hi-Tech Control System Co Ltd (SZSE:002184) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 900 Yishan Road, Science and Technology Development Building, Block B, 17F, Shanghai, Shanghai, CHN, 200233

Website

http://www.hite.com.cn

Shanghai Hi-Tech Control System Co Ltd operates in the field of industry informatization and automation. The company provides industry users with informatization and intelligentization control products, electric automation and informatization products. Its products offering include a wind turbine converter, industrial control products and systems, industrial network products, and power electric products.

Executives

Zhao Da Di	Director
Guo Meng Rong	Directors, executives
Xu Hong	Director
Wu Qiu Nong	Directors, executives
Lu Wen Jing	Supervisors
He Yong Jun	Executives
Hu Yu	Executives, directors
Shi Chao Zhu	Director
Zhang Zhe Zhi	Executives
Wang Xiao Bo	Supervisors
Wu Huan Qun	Supervisors
Fang Jian	Director
Sheng Ya Ping	Supervisors

Shanghai Hi-Tech Control System Co (SZSE:002184) Headlines

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