Shenzhen Microgate Technology Co (SZSE:300319) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Shenzhen Microgate Technology Co Change In Inventory?

Shenzhen Microgate Technology Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Shenzhen Microgate Technology Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Shenzhen Microgate Technology Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-2 Mil. It means Shenzhen Microgate Technology Co's inventory increased by ¥2 Mil from Dec. 2022 to Dec. 2023 .

Shenzhen Microgate Technology Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥424 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shenzhen Microgate Technology Co's Days Inventory for the quarter that ended in Mar. 2024 was 69.17.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shenzhen Microgate Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.32.

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 Microgate Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.62.

Shenzhen Microgate Technology Co Change In Inventory Historical Data

The historical data trend for Shenzhen Microgate Technology 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 Microgate Technology Co Change In Inventory Chart

Shenzhen Microgate Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-3.36

7.62

-41.66

117.74

-1.59

Shenzhen Microgate Technology 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 Microgate Technology 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.

Shenzhen Microgate Technology Co (SZSE:300319) Change In Inventory Explanation

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

Shenzhen Microgate Technology 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
	=	416.3265	/	549.249	*	365 / 4
	=	69.17

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	549.249	/	416.3265
	=	1.32

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 Microgate Technology Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	416.3265	/	676.302
	=	0.62

Shenzhen Microgate Technology Co Change In Inventory Related Terms

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Shenzhen Microgate Technology Co (SZSE:300319) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Microgate Technology Co Ltd (SZSE:300319) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

Yuxing Road,GolfStreet, Guanlan Town, Bao'an, Shenzhen, CHN, 518110

Website

http://www.szmicrogate.com

Shenzhen Microgate Technology Co Ltd operates in the multilayer passive component industry. The company develops and manufactures electronic components. Its main products include low temperature co-fired ceramic radio frequency components, chip inductors, electromagnetic interference and electromagnetic compatibility components, power inductors, and the near-field communication antenna. The products are widely used in the digital versatile disc player, mobile phone, personal computer, flat panel display, car carrier and other consumptive products.

Executives

Cheng Hou Bo	Director
Hu Gen Chang	Executives
Zhang Mei Rong	Directors, executives
Jiang Bo	Secretary Dong
Zhang Zhao Qian	Directors, executives
Liang Qi Xin	Executives
Zhong Zhi Hai	Directors, executives
Yi Hai Lan	Supervisors
Liu Qian	Securities Affairs Representative
Li Wen Yan	Director
Ye Wen Xin	Director
Jiang Li Ming	Directors, executives
Zhang Hai En	Director
Li Ming	Director
Zheng Yi Song	Director

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