Zhanjiang Guolian Aquatic Products Co (SZSE:300094) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Zhanjiang Guolian Aquatic Products Co Change In Inventory?

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

Zhanjiang Guolian Aquatic Products Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥95 Mil. It means Zhanjiang Guolian Aquatic Products Co's inventory declined by ¥95 Mil from Dec. 2022 to Dec. 2023 .

Zhanjiang Guolian Aquatic Products Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥2,436 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zhanjiang Guolian Aquatic Products Co's Days Inventory for the quarter that ended in Mar. 2024 was 254.16.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhanjiang Guolian Aquatic Products Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.36.

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. Zhanjiang Guolian Aquatic Products Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.33.

Zhanjiang Guolian Aquatic Products Co Change In Inventory Historical Data

The historical data trend for Zhanjiang Guolian Aquatic Products 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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Zhanjiang Guolian Aquatic Products Co Change In Inventory Chart

Zhanjiang Guolian Aquatic Products Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-337.43

-398.58

-368.78

21.04

95.10

Zhanjiang Guolian Aquatic Products 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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Zhanjiang Guolian Aquatic Products 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.

Zhanjiang Guolian Aquatic Products Co (SZSE:300094) Change In Inventory Explanation

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

Zhanjiang Guolian Aquatic Products 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
	=	2432.829	/	873.433	*	365 / 4
	=	254.16

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

Zhanjiang Guolian Aquatic Products Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	873.433	/	2432.829
	=	0.36

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.

Zhanjiang Guolian Aquatic Products Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2432.829	/	1042.631
	=	2.33

Zhanjiang Guolian Aquatic Products Co Change In Inventory Related Terms

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Zhanjiang Guolian Aquatic Products Co (SZSE:300094) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Zhanjiang Guolian Aquatic Products Co Ltd (SZSE:300094) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

No.6, Yongping South Road, Pingle In, Zhanjiang, CHN, 524022

Website

http://www.gl-fish.com

Zhanjiang Guolian Aquatic Products Co Ltd is mainly focused on the aquaculture industry, has now developed into one of the whole supply chains in the hatchery, factory farming, feed, marine food processing into an international market.

Executives

Wang Zuo Zhou	Executives
Li Chun Yan	Director
Zheng Zhang	Executives
Li Zhong	Director
Zhao Hong Mei	Executives
Lu Cheng Cheng	Executives
Chen Han	Directors, executives
Tang Si Yang	Director

Zhanjiang Guolian Aquatic Products Co (SZSE:300094) Headlines

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