Inno Laser Technology Co (SZSE:301021) Change In Inventory : ¥0.0 Mil (TTM As of Mar. 2024)

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What is Inno Laser Technology Co Change In Inventory?

Inno Laser Technology Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means Inno Laser Technology Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Inno Laser Technology Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-46.2 Mil. It means Inno Laser Technology Co's inventory increased by ¥46.2 Mil from Dec. 2022 to Dec. 2023 .

Inno Laser Technology Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥216.1 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Inno Laser Technology Co's Days Inventory for the quarter that ended in Mar. 2024 was 422.21.

Inventory Turnover measures how fast the company turns over its inventory within a year. Inno Laser Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.22.

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. Inno Laser Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.47.

Inno Laser Technology Co Change In Inventory Historical Data

The historical data trend for Inno Laser 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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Inno Laser Technology Co Change In Inventory Chart

Inno Laser Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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9.15

-31.30

-44.71

-1.28

-46.23

Inno Laser 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															-	-	-	-	-

Inno Laser 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 ¥0.0 Mil.

Inno Laser Technology Co (SZSE:301021) Change In Inventory Explanation

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

Inno Laser 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
	=	193.781	/	41.881	*	365 / 4
	=	422.21

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

Inno Laser 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
	=	41.881	/	193.781
	=	0.22

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	193.781	/	78.487
	=	2.47

Inno Laser Technology Co Change In Inventory Related Terms

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Inno Laser Technology Co (SZSE:301021) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Inno Laser Technology Co Ltd (SZSE:301021) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Langshan 2nd Road, 305, Qingyi Optoelectronic Building, North District, Science and Technology Park, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057

Website

https://www.inno-laser.com

Inno Laser Technology Co Ltd focuses on the research and development, production, and sales of lasers in the field of micromachining and provides customers with customized microfabrication in the form of laser modules.

Executives

Zhang Yong

Directors, executives

Inno Laser Technology Co (SZSE:301021) Headlines

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