Mingchen Health Co (SZSE:002919) Change In Inventory : ¥0 Mil (TTM As of Mar. 2025)

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What is Mingchen Health Co Change In Inventory?

Mingchen Health Co's change in inventory for the quarter that ended in Mar. 2025 was ¥0 Mil. It means Mingchen Health Co's inventory stayed the same from Dec. 2024 to Mar. 2025 .

Mingchen Health Co's change in inventory for the fiscal year that ended in Dec. 2024 was ¥122 Mil. It means Mingchen Health Co's inventory declined by ¥122 Mil from Dec. 2023 to Dec. 2024 .

Mingchen Health Co's Total Inventories for the quarter that ended in Mar. 2025 was ¥79 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mingchen Health Co's Days Inventory for the quarter that ended in Mar. 2025 was 45.70.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mingchen Health Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 2.00.

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. Mingchen Health Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.22.

Mingchen Health Co Change In Inventory Historical Data

The historical data trend for Mingchen Health 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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Mingchen Health Co Change In Inventory Chart

Mingchen Health Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Inventory

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8.79

-2.43

7.59

-17.53

121.77

Mingchen Health Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Mingchen Health 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0 Mil.

Mingchen Health Co (SZSE:002919) Change In Inventory Explanation

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

Mingchen Health 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
	=	79.089	/	157.926	*	365 / 4
	=	45.70

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

Mingchen Health Co's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	157.926	/	79.089
	=	2.00

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.

Mingchen Health Co's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	79.089	/	361.419
	=	0.22

Mingchen Health Co Change In Inventory Related Terms

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Mingchen Health Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Mingchen Health Co Ltd (SZSE:002919) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Liannan Industrial Zone, Chenghai District, Guangdong Province, Shantou, CHN, 515834

Website

http://www.mingchen.com.cn

Mingchen Health Co Ltd manufactures and markets personal healthcare products. It develops, produces, and sells skin and hair care products. The products of the company include Conditioners, Shampoos, Hand sanitizer, Bathing shower gels and Fragrance shower gel.

Executives

Peng Xiao Qing	Directors, executives
Chen Dong Song	Directors, Directors, and Executives
Lin Dian Xi	Directors, executives
Yu Jian Ping	Executives
Xu Shao Bi	Director

Mingchen Health Co Headlines

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