Jiangsu Rainbow Heavy Industries Co (SZSE:002483) Change In Inventory : ¥0 Mil (TTM As of Jun. 2024)

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What is Jiangsu Rainbow Heavy Industries Co Change In Inventory?

Jiangsu Rainbow Heavy Industries Co's change in inventory for the quarter that ended in Jun. 2024 was ¥0 Mil. It means Jiangsu Rainbow Heavy Industries Co's inventory stayed the same from Mar. 2024 to Jun. 2024 .

Jiangsu Rainbow Heavy Industries Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥98 Mil. It means Jiangsu Rainbow Heavy Industries Co's inventory declined by ¥98 Mil from Dec. 2022 to Dec. 2023 .

Jiangsu Rainbow Heavy Industries Co's Total Inventories for the quarter that ended in Jun. 2024 was ¥1,350 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jiangsu Rainbow Heavy Industries Co's Days Inventory for the quarter that ended in Jun. 2024 was 83.91.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jiangsu Rainbow Heavy Industries Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.09.

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. Jiangsu Rainbow Heavy Industries Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.74.

Jiangsu Rainbow Heavy Industries Co Change In Inventory Historical Data

The historical data trend for Jiangsu Rainbow Heavy Industries 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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Jiangsu Rainbow Heavy Industries Co Change In Inventory Chart

Jiangsu Rainbow Heavy Industries Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-145.24

-67.50

333.93

-195.95

98.38

Jiangsu Rainbow Heavy Industries Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
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Jiangsu Rainbow Heavy Industries 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0 Mil.

Jiangsu Rainbow Heavy Industries Co (SZSE:002483) Change In Inventory Explanation

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

Jiangsu Rainbow Heavy Industries 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
	=	1281.249	/	1393.341	*	365 / 4
	=	83.91

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

Jiangsu Rainbow Heavy Industries Co's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1393.341	/	1281.249
	=	1.09

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.

Jiangsu Rainbow Heavy Industries Co's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1281.249	/	1737.739
	=	0.74

Jiangsu Rainbow Heavy Industries Co Change In Inventory Related Terms

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Jiangsu Rainbow Heavy Industries Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jiangsu Rainbow Heavy Industries Co Ltd (SZSE:002483) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

No.9, Zhenxing West Road, Economic & Technology Development Zone, Natong, CHN, 226010

Website

http://www.jiangsurhi.com

Jiangsu Rainbow Heavy Industries Co Ltd is mainly engaged in the engineering, fabrication, sale, and maintenance of cranes in China. Its major business consists of 2 modules: high-end equipment manufactures and environmental protection. The high-end equipment manufacture module includes material lifting, offshore equipment, and shipbuilding, the products covered all kinds of lifting machinery, ship equipment, marine equipment, car parking equipment, engineering vessels and other related products. The environmental protection module includes industrial wastewater treatment, sludge treatment, hazardous solid waste disposal and other energy saving, recycling economy business.

Executives

Sha Ming Jun	Director
Wu Jian	Directors, executives
Xie Gui Xing	Directors, executives, directors
Sun Jian Cheng	Executives
Li Xiao Qin	Executives
Lin Bo	Executives

Jiangsu Rainbow Heavy Industries Co Headlines

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