ERA Co (SZSE:002641) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is ERA Co Change In Inventory?

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

ERA Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥151 Mil. It means ERA Co's inventory declined by ¥151 Mil from Dec. 2022 to Dec. 2023 .

ERA Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥1,383 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ERA Co's Days Inventory for the quarter that ended in Mar. 2024 was 114.95.

Inventory Turnover measures how fast the company turns over its inventory within a year. ERA Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.79.

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. ERA Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.03.

ERA Co Change In Inventory Historical Data

The historical data trend for ERA 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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ERA Co Change In Inventory Chart

ERA Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-28.96

-195.15

-396.57

157.48

150.86

ERA 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															-	-	-	-	-

ERA 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.

ERA Co (SZSE:002641) Change In Inventory Explanation

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

ERA 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
	=	1279.949	/	1016.065	*	365 / 4
	=	114.95

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1016.065	/	1279.949
	=	0.79

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1279.949	/	1243.038
	=	1.03

ERA Co Change In Inventory Related Terms

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ERA Co (SZSE:002641) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » ERA Co Ltd (SZSE:002641) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

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Address

No.2 Daixi Road, Economic Development Zone, Huangyan East, Zhejiang Province, Taizhou, CHN

Website

http://.en.era.com.cn

ERA Co Ltd, formerly Yonggao Co Ltd manufacturers of plastic valves and fittings. Its products offer PP compression fittings and clamp saddles, CPVC valves, PVC pressure pipes and fittings and PVC pressure fittings, among others.

Executives

Zhang Wei	Directors, executives
Lu Zhen Yu	Director
Lu Cai Fen	Director
Zhang Xian Kang	Executives
Lin Ying Fu	Executives
Wang Jie Jun	Executives

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