Shandong Zhangqiu Blower Co (SZSE:002598) Change In Inventory : ¥0 Mil (TTM As of Jun. 2024)

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What is Shandong Zhangqiu Blower Co Change In Inventory?

Shandong Zhangqiu Blower Co's change in inventory for the quarter that ended in Jun. 2024 was ¥0 Mil. It means Shandong Zhangqiu Blower Co's inventory stayed the same from Mar. 2024 to Jun. 2024 .

Shandong Zhangqiu Blower Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥63 Mil. It means Shandong Zhangqiu Blower Co's inventory declined by ¥63 Mil from Dec. 2022 to Dec. 2023 .

Shandong Zhangqiu Blower Co's Total Inventories for the quarter that ended in Jun. 2024 was ¥434 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shandong Zhangqiu Blower Co's Days Inventory for the quarter that ended in Jun. 2024 was 111.46.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shandong Zhangqiu Blower Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.82.

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. Shandong Zhangqiu Blower Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.87.

Shandong Zhangqiu Blower Co Change In Inventory Historical Data

The historical data trend for Shandong Zhangqiu Blower 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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Shandong Zhangqiu Blower Co Change In Inventory Chart

Shandong Zhangqiu Blower Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-34.47

-31.91

-69.79

-0.42

62.98

Shandong Zhangqiu Blower Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Shandong Zhangqiu Blower 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.

Shandong Zhangqiu Blower Co (SZSE:002598) Change In Inventory Explanation

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

Shandong Zhangqiu Blower 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
	=	412.712	/	337.888	*	365 / 4
	=	111.46

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

Shandong Zhangqiu Blower Co's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	337.888	/	412.712
	=	0.82

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.

Shandong Zhangqiu Blower Co's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	412.712	/	475.076
	=	0.87

Shandong Zhangqiu Blower Co Change In Inventory Related Terms

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Shandong Zhangqiu Blower Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shandong Zhangqiu Blower Co Ltd (SZSE:002598) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mingshui Economic Development Zone, Shandong Province, Zhangqiu City, CHN, 250200

Website

http://www.blower.cn

Shandong Zhangqiu Blower Co Ltd operates in general equipment manufacturing industry. The products of the company include roots blowers, multi stage centrifugal blowers, and fans.

Executives

Liu Xin Quan	Supervisors
Niu Yu Sheng	Directors, executives
Fang Shu Peng	Directors, executives
Fang Run Gang	Director
Xu Chun Dong	Executives
Wang Chong Pu	Directors, executives
Gao Ke	Supervisors
Zhang Ying Qi	Directors, executives
Gao Yu Xin	Directors, executives
Xi Ji Xiang	Executives
Bai Ze Kui	Executives
Chen Chao	Secretary Dong
Liu Shi Hua	Director
Zhu Wen Bo	Director
Shen Neng Yao	Executives

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