Xuchang KETOP Testing Research Institute Co (SZSE:003008) Change In Inventory : ¥0.0 Mil (TTM As of Mar. 2024)

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What is Xuchang KETOP Testing Research Institute Co Change In Inventory?

Xuchang KETOP Testing Research Institute Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means Xuchang KETOP Testing Research Institute Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Xuchang KETOP Testing Research Institute Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-0.3 Mil. It means Xuchang KETOP Testing Research Institute Co's inventory increased by ¥0.3 Mil from Dec. 2022 to Dec. 2023 .

Xuchang KETOP Testing Research Institute Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥3.2 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Xuchang KETOP Testing Research Institute Co's Days Inventory for the quarter that ended in Mar. 2024 was 18.03.

Inventory Turnover measures how fast the company turns over its inventory within a year. Xuchang KETOP Testing Research Institute Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 5.06.

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. Xuchang KETOP Testing Research Institute Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.07.

Xuchang KETOP Testing Research Institute Co Change In Inventory Historical Data

The historical data trend for Xuchang KETOP Testing Research Institute 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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Xuchang KETOP Testing Research Institute Co Change In Inventory Chart

Xuchang KETOP Testing Research Institute Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.35

-0.19

-0.77

-0.98

-0.31

Xuchang KETOP Testing Research Institute 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															-	-	-	-	-

Xuchang KETOP Testing Research Institute 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.

Xuchang KETOP Testing Research Institute Co (SZSE:003008) Change In Inventory Explanation

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

Xuchang KETOP Testing Research Institute 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
	=	3.145	/	15.919	*	365 / 4
	=	18.03

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

Xuchang KETOP Testing Research Institute Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	15.919	/	3.145
	=	5.06

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.

Xuchang KETOP Testing Research Institute Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3.145	/	44.677
	=	0.07

Xuchang KETOP Testing Research Institute Co Change In Inventory Related Terms

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Xuchang KETOP Testing Research Institute Co (SZSE:003008) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Xuchang KETOP Testing Research Institute Co Ltd (SZSE:003008) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Intersection of Weiwu Avenue and Shangde Road, Henan Province, Xuchang, CHN, 461000

Website

http://www.ketop.cn

Xuchang KETOP Testing Research Institute Co Ltd is engaged in provision of power system secondary equipment testing services, other technical services and testing equipment sales. The company provides measurement technology and test method of power system secondary protection equipment, smart micro-grid devices and Electric Vehicle Charging and Battary Swap System to provide authoritative test scheme and service, guaranteeing the quality of products in power system.

Executives

Zhang Ran	Directors, executives
Wang Feng	Supervisors
Li Quan Xi	Executives
He Chun	Executives
Fu Run Wei	Supervisors
Song Xia	Executives

Xuchang KETOP Testing Research Institute Co (SZSE:003008) Headlines

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