Hezong Science and Technology Co (SZSE:300477) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Hezong Science and Technology Co Change In Inventory?

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

Hezong Science and Technology Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-317 Mil. It means Hezong Science and Technology Co's inventory increased by ¥317 Mil from Dec. 2022 to Dec. 2023 .

Hezong Science and Technology Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥857 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hezong Science and Technology Co's Days Inventory for the quarter that ended in Mar. 2024 was 116.54.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hezong Science and Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.78.

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. Hezong Science and Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.17.

Hezong Science and Technology Co Change In Inventory Historical Data

The historical data trend for Hezong Science and 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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Hezong Science and Technology Co Change In Inventory Chart

Hezong Science and Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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81.44

-145.44

-73.32

18.16

-316.82

Hezong Science and Technology 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															-	-	-	-	-

Hezong Science and 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.

Hezong Science and Technology Co (SZSE:300477) Change In Inventory Explanation

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

Hezong Science and 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
	=	821.6425	/	643.358	*	365 / 4
	=	116.54

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

Hezong Science and 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
	=	643.358	/	821.6425
	=	0.78

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	821.6425	/	702.062
	=	1.17

Hezong Science and Technology Co Change In Inventory Related Terms

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Hezong Science and Technology Co (SZSE:300477) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hezong Science and Technology Co Ltd (SZSE:300477) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

D-1211, Jiahua Building, Shangdi Sanjie, Haidian District, Beijing, CHN, 100085

Website

http://www.hezong-tech.com

Hezong Science and Technology Co Ltd is a high tech company providing technological solutions to their customers of power distribution and control equipment in the power industry. It is one-stop solution provider of power distribution systems in China, they offer products ranging from gas insulated ring main units, MV/LV air insulated switchgear, prefabricated substation, pole-mounted switches, distribution automation terminals (FTU/DTU), distribution transformers, to cable branching switchgear.

Executives

Wei Qiang	Directors, executives
Han Guo Liang	Directors, executives
Zhang Shu	Directors, Directors, and Executives
Gao Xing	Director
Zhang Xiao Yi	Executives
Wang Wei Ping	Supervisors
Zhang Ren Zeng	Director
He Yun	Director
Zhang Quan Zhong	Supervisors
Liu Ze Gang	Director
Liu Wei Dong	Independent director
Wang Xiao Xin	Supervisors

Hezong Science and Technology Co (SZSE:300477) Headlines

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