Shenzhen InfoTech Technologies Co (SZSE:300085) Change In Inventory : ¥0.0 Mil (TTM As of Mar. 2024)

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What is Shenzhen InfoTech Technologies Co Change In Inventory?

Shenzhen InfoTech Technologies Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means Shenzhen InfoTech Technologies Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Shenzhen InfoTech Technologies Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-0.5 Mil. It means Shenzhen InfoTech Technologies Co's inventory increased by ¥0.5 Mil from Dec. 2022 to Dec. 2023 .

Shenzhen InfoTech Technologies Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥94.6 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shenzhen InfoTech Technologies Co's Days Inventory for the quarter that ended in Mar. 2024 was 53.65.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shenzhen InfoTech Technologies Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.70.

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. Shenzhen InfoTech Technologies Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.47.

Shenzhen InfoTech Technologies Co Change In Inventory Historical Data

The historical data trend for Shenzhen InfoTech Technologies 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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Shenzhen InfoTech Technologies Co Change In Inventory Chart

Shenzhen InfoTech Technologies Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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25.80

-18.99

-21.81

36.43

-0.50

Shenzhen InfoTech Technologies Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
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Shenzhen InfoTech Technologies 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.

Shenzhen InfoTech Technologies Co (SZSE:300085) Change In Inventory Explanation

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

Shenzhen InfoTech Technologies 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
	=	97.7385	/	166.224	*	365 / 4
	=	53.65

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	166.224	/	97.7385
	=	1.70

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	97.7385	/	209.206
	=	0.47

Shenzhen InfoTech Technologies Co Change In Inventory Related Terms

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Shenzhen InfoTech Technologies Co (SZSE:300085) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Shenzhen InfoTech Technologies Co Ltd (SZSE:300085) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shenzhen Tian An Cyber Park, Tianxiang Building Block 5B2 AB, Futian District, Shenzhen, CHN, 518048

Website

http://www.yinzhijie.com

Shenzhen InfoTech Technologies Co Ltd is focused on the financial information industry, providing software products, software development, financial special equipment and technical services to financial institutions such as banks. The company's product line covers bank payment and settlement, risk prevention and control, process re-engineering and self-help.

Executives

Li Jun	Directors, executives
Feng Jun	Director
Chen Xiang Jun	Director
He Ye	Director
He Jian	Independent director
Zhang Xue Jun	Director
Zhou Feng	Supervisors
Xu Qiu Jiang	Executives
Liu Yi	Directors, executives
Yang Jin Min	Supervisors
Tang Jin Xing	Executives
Peng Jian Wen	Executives

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