Jinlong Machinery & Electronic Co (SZSE:300032) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Jinlong Machinery & Electronic Co Change In Inventory?

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

Jinlong Machinery & Electronic Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥275 Mil. It means Jinlong Machinery & Electronic Co's inventory declined by ¥275 Mil from Dec. 2022 to Dec. 2023 .

Jinlong Machinery & Electronic Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥209 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jinlong Machinery & Electronic Co's Days Inventory for the quarter that ended in Mar. 2024 was 76.99.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jinlong Machinery & Electronic Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.19.

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. Jinlong Machinery & Electronic Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.74.

Jinlong Machinery & Electronic Co Change In Inventory Historical Data

The historical data trend for Jinlong Machinery & Electronic 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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Jinlong Machinery & Electronic Co Change In Inventory Chart

Jinlong Machinery & Electronic Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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49.05

-1.77

-74.66

-406.35

275.09

Jinlong Machinery & Electronic 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															-	-	-	-	-

Jinlong Machinery & Electronic 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.

Jinlong Machinery & Electronic Co (SZSE:300032) Change In Inventory Explanation

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

Jinlong Machinery & Electronic 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
	=	205.436	/	243.498	*	365 / 4
	=	76.99

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

Jinlong Machinery & Electronic Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	243.498	/	205.436
	=	1.19

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.

Jinlong Machinery & Electronic Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	205.436	/	277.627
	=	0.74

Jinlong Machinery & Electronic Co Change In Inventory Related Terms

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Jinlong Machinery & Electronic Co (SZSE:300032) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jinlong Machinery & Electronic Co Ltd (SZSE:300032) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jinlong Science & Technology Park, Jin Gang Avenue, Baixiang, Yueqing (Wenzhou), CHN, 325603

Website

http://www.kotl.com.cn

Jinlong Machinery & Electronic Co Ltd engaged in electrical machinery and equipment manufacturing. The products of the company include motors, coin type vibrator, and solid motors.

Executives

Dai Ming Feng	Director
Jin Shao Ping	Director
Chen Jing Hua	Supervisors
Huang Juan	Directors, Directors, and Executives
Jin Mei Ou	Directors, executives
Chen Yu Qiang	Executives
Huang Yong Xian	Directors, executives

Jinlong Machinery & Electronic Co (SZSE:300032) Headlines

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