Zhejiang Founder Motor Co (SZSE:002196) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Zhejiang Founder Motor Co Change In Inventory?

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

Zhejiang Founder Motor Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥166 Mil. It means Zhejiang Founder Motor Co's inventory declined by ¥166 Mil from Dec. 2022 to Dec. 2023 .

Zhejiang Founder Motor Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥321 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zhejiang Founder Motor Co's Days Inventory for the quarter that ended in Mar. 2024 was 64.81.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhejiang Founder Motor Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.41.

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. Zhejiang Founder Motor Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.62.

Zhejiang Founder Motor Co Change In Inventory Historical Data

The historical data trend for Zhejiang Founder Motor 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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Zhejiang Founder Motor Co Change In Inventory Chart

Zhejiang Founder Motor Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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38.09

-30.40

-110.69

-99.58

166.06

Zhejiang Founder Motor 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															-	-	-	-	-

Zhejiang Founder Motor 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.

Zhejiang Founder Motor Co (SZSE:002196) Change In Inventory Explanation

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

Zhejiang Founder Motor 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
	=	299.1735	/	421.221	*	365 / 4
	=	64.81

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

Zhejiang Founder Motor Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	421.221	/	299.1735
	=	1.41

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.

Zhejiang Founder Motor Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	299.1735	/	486.046
	=	0.62

Zhejiang Founder Motor Co Change In Inventory Related Terms

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Zhejiang Founder Motor Co (SZSE:002196) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Founder Motor Co Ltd (SZSE:002196) » Definitions » Change In Inventory

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Address

No. 24 Tianning Industrial Zone, Lishui, Zhejiang, CHN, 323000

Website

http://www.fdm.com.cn

Zhejiang Founder Motor Co Ltd is a China-based company engaged in research and development, production and sale of micro special motors. The company is also specialized in energy-saving and new-energy vehicle drivetrains and automotive control systems. Its products include EV motors, automotive motors, energy vehicle motor drives, energy commercial vehicle drive systems, and car controls. The company's products are used in low-speed electric vehicles, light trucks, low-voltage electric vehicles, passenger cars and engineering vehicles.

Executives

Zhang Chi	Director
Niu Ming Kui	Executives
Yang Xiao Hong	Supervisors
Zhang Min	Directors, executives
Mou Jian	Secretary, Director
Weng Wei Wen	Director
Zhou Jian	Supervisors
Ma Bin Wu	Supervisors
Zheng Lian Ming	Independent director
Cai Jun Biao	Director
Mao Xiao Jian	Director
Shu Lin Yan	Securities Affairs Representative
Shen Hu	Supervisors
Liu Guo Ping	Director
Qian Jin	Director

Zhejiang Founder Motor Co (SZSE:002196) Headlines

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