Xinjiang Machinery Research Institute Co (SZSE:300159) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Xinjiang Machinery Research Institute Co Change In Inventory?

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

Xinjiang Machinery Research Institute Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-101 Mil. It means Xinjiang Machinery Research Institute Co's inventory increased by ¥101 Mil from Dec. 2022 to Dec. 2023 .

Xinjiang Machinery Research Institute Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥324 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Xinjiang Machinery Research Institute Co's Days Inventory for the quarter that ended in Mar. 2024 was 980.51.

Inventory Turnover measures how fast the company turns over its inventory within a year. Xinjiang Machinery Research Institute Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.09.

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. Xinjiang Machinery Research Institute Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 9.62.

Xinjiang Machinery Research Institute Co Change In Inventory Historical Data

The historical data trend for Xinjiang Machinery 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.

* Premium members only.

Xinjiang Machinery Research Institute Co Change In Inventory Chart

Xinjiang Machinery Research Institute Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-74.09

-14.17

-101.87

277.86

-101.22

Xinjiang Machinery 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															-	-	-	-	-

Xinjiang Machinery 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 Mil.

Xinjiang Machinery Research Institute Co (SZSE:300159) Change In Inventory Explanation

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

Xinjiang Machinery 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
	=	300.418	/	27.958	*	365 / 4
	=	980.51

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

Xinjiang Machinery 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
	=	27.958	/	300.418
	=	0.09

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.

Xinjiang Machinery 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
	=	300.418	/	31.244
	=	9.62

Xinjiang Machinery Research Institute Co Change In Inventory Related Terms

Thank you for viewing the detailed overview of Xinjiang Machinery Research Institute Co's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Xinjiang Machinery Research Institute Co (SZSE:300159) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Xinjiang Machinery Research Institute Co Ltd (SZSE:300159) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

Xinjiang 239, Beijing Road, Urumqi, Beijing, CHN, 830,013

Website

http://www.xjjxy.com.cn

Xinjiang Machinery Research Institute Co Ltd is engaged in the research, design, manufacture, and sale of agricultural and livestock machinery. The company specializes in medium and high-end agricultural and animal husbandry machinery products. The main products include series wheeled tractors, farming machinery, large self-propelled grain harvester family, self-propelled corn harvester series, straw forage harvester series, cash crop harvesting machine, and fruit machine.

Executives

Wu Yang	Directors, executives
Zhou Wei Hua	Director
Feng Guo Xiang	Supervisors
Yang Li Jun	Director
Jiang Ren Xi	Executives
Wang Xiao Yu	Executives
Mao Shan Yi	Supervisors
Li Ji Lan	Executives
Jin Fan	Executives
Si Wen Feng	Director
A Li Mu Mai Mai Ti Tu Er Xun	Supervisors
Wang Jian Jun	Directors, Directors, and Executives
Li Li	Director

Xinjiang Machinery Research Institute Co (SZSE:300159) Headlines

No Headlines