Cedar Development Co (SZSE:002485) Change In Inventory : ¥0.0 Mil (TTM As of Mar. 2024)

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What is Cedar Development Co Change In Inventory?

Cedar Development Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means Cedar Development Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Cedar Development Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-19.2 Mil. It means Cedar Development Co's inventory increased by ¥19.2 Mil from Dec. 2022 to Dec. 2023 .

Cedar Development Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥37.8 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cedar Development Co's Days Inventory for the quarter that ended in Mar. 2024 was 23.76.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cedar Development Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.84.

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. Cedar Development Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.25.

Cedar Development Co Change In Inventory Historical Data

The historical data trend for Cedar Development 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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Cedar Development Co Change In Inventory Chart

Cedar Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-19.85

-19.27

11.52

6.09

-19.23

Cedar Development 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															-	-	-	-	-

Cedar Development 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 ¥0.0 Mil.

Cedar Development Co (SZSE:002485) Change In Inventory Explanation

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

Cedar Development 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
	=	41.271	/	158.521	*	365 / 4
	=	23.76

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	158.521	/	41.271
	=	3.84

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	41.271	/	167.35
	=	0.25

Cedar Development Co Change In Inventory Related Terms

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Cedar Development Co (SZSE:002485) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Cedar Development Co Ltd (SZSE:002485) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 7877, Shunwang Avenue, Shunwang Street, Shandong Province, Zhucheng, CHN, 262200

Website

http://www.sinoer.com

Cedar Development Co Ltd formerly Sinoer Men's Wear Co Ltd designs produce and sales suits, shirts, and apparel products. Its products include men's suits, trousers, shirts, and coats; T-shirts, jackets, and long-sleeved shirts; and women's coats, as well as other clothing products. The company distributes its products in domestic market and to overseas markets.

Executives

Wu Tie Ji	Supervisors
Wang Jin Bin	Executives
Wang Gui Bo	Director
Xu Guang Ning	Director

Cedar Development Co (SZSE:002485) Headlines

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