Wuhan Jingce Electronic Group Co (SZSE:300567) Change In Inventory : ¥0 Mil (TTM As of Jun. 2024)

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What is Wuhan Jingce Electronic Group Co Change In Inventory?

Wuhan Jingce Electronic Group Co's change in inventory for the quarter that ended in Jun. 2024 was ¥0 Mil. It means Wuhan Jingce Electronic Group Co's inventory stayed the same from Mar. 2024 to Jun. 2024 .

Wuhan Jingce Electronic Group Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-136 Mil. It means Wuhan Jingce Electronic Group Co's inventory increased by ¥136 Mil from Dec. 2022 to Dec. 2023 .

Wuhan Jingce Electronic Group Co's Total Inventories for the quarter that ended in Jun. 2024 was ¥1,761 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wuhan Jingce Electronic Group Co's Days Inventory for the quarter that ended in Jun. 2024 was 385.38.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wuhan Jingce Electronic Group Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.24.

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. Wuhan Jingce Electronic Group Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 2.50.

Wuhan Jingce Electronic Group Co Change In Inventory Historical Data

The historical data trend for Wuhan Jingce Electronic Group 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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Wuhan Jingce Electronic Group Co Change In Inventory Chart

Wuhan Jingce Electronic Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-241.31

-231.73

-70.55

-418.19

-136.44

Wuhan Jingce Electronic Group Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
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Wuhan Jingce Electronic Group 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0 Mil.

Wuhan Jingce Electronic Group Co (SZSE:300567) Change In Inventory Explanation

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

Wuhan Jingce Electronic Group 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
	=	1758.816	/	416.45	*	365 / 4
	=	385.38

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

Wuhan Jingce Electronic Group Co's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	416.45	/	1758.816
	=	0.24

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.

Wuhan Jingce Electronic Group Co's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1758.816	/	703.03
	=	2.50

Wuhan Jingce Electronic Group Co Change In Inventory Related Terms

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Wuhan Jingce Electronic Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wuhan Jingce Electronic Group Co Ltd (SZSE:300567) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

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Address

No.53 Nanhu Avenue, 4 Floor, Hongshan Science & Technology Innovation Center, Hongshan District, Wuhan, CHN, 430070

Website

http://www.wuhanjingce.com

Wuhan Jingce Electronic Group Co Ltd operates in the domestic flat panel display industry. The company is mainly engaged in the research and development, production and sales of flat panel display detection systems. The company's main products include module test system, panel test system, OLED test system, AOI system, touch panel test system and FPD automation equipment.

Executives

Shen Ya Fei	Directors, executives
Liu Bing Hua	Directors, executives
You Li Juan	Executives
Yang Shen Dong	Executives
Chen Kai	Directors, executives
Peng Qian	Director
Luo Zhen Chuan	Executives
Ma Jun	Executives
Han Yu Hua	Supervisors

Wuhan Jingce Electronic Group Co Headlines

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