Zhejiang Meishuo Electric Technology Co (SZSE:301295) Change In Inventory : ¥0.0 Mil (TTM As of Mar. 2025)

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What is Zhejiang Meishuo Electric Technology Co Change In Inventory?

Zhejiang Meishuo Electric Technology Co's change in inventory for the quarter that ended in Mar. 2025 was ¥0.0 Mil. It means Zhejiang Meishuo Electric Technology Co's inventory stayed the same from Dec. 2024 to Mar. 2025 .

Zhejiang Meishuo Electric Technology Co's change in inventory for the fiscal year that ended in Dec. 2024 was ¥-45.1 Mil. It means Zhejiang Meishuo Electric Technology Co's inventory increased by ¥45.1 Mil from Dec. 2023 to Dec. 2024 .

Zhejiang Meishuo Electric Technology Co's Total Inventories for the quarter that ended in Mar. 2025 was ¥143.5 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zhejiang Meishuo Electric Technology Co's Days Inventory for the quarter that ended in Mar. 2025 was 86.67.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhejiang Meishuo Electric Technology Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 1.05.

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. Zhejiang Meishuo Electric Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.79.

Zhejiang Meishuo Electric Technology Co Change In Inventory Historical Data

The historical data trend for Zhejiang Meishuo Electric 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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Zhejiang Meishuo Electric Technology Co Change In Inventory Chart

Zhejiang Meishuo Electric Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Inventory

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-2.84

-46.59

19.83

-27.79

-45.12

Zhejiang Meishuo Electric Technology Co Quarterly Data
	Jun19	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
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Zhejiang Meishuo Electric 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0.0 Mil.

Zhejiang Meishuo Electric Technology Co (SZSE:301295) Change In Inventory Explanation

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

Zhejiang Meishuo Electric 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
	=	147.2455	/	155.021	*	365 / 4
	=	86.67

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

Zhejiang Meishuo Electric Technology Co's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	155.021	/	147.2455
	=	1.05

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.

Zhejiang Meishuo Electric Technology Co's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	147.2455	/	186.851
	=	0.79

Zhejiang Meishuo Electric Technology Co Change In Inventory Related Terms

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Zhejiang Meishuo Electric Technology Co Business Description

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Address

No. 158, Weishier Road, Yueqing Economic Development Zone, Zhejiang, Yueqing, CHN, 325600

Website

https://www.msrelay.com

Zhejiang Meishuo Electric Technology Co Ltd is engaged in research and development, production and sales of relay control parts and their derivative actuators fluid solenoid valve products. Its main products are automotive relays, mini relays, PCB relays, power relays, latching relays, solenoid water valves, automotive connectors and harnesses.

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