Shenzhen Longsys Electronics Co (SZSE:301308) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Shenzhen Longsys Electronics Co Change In Inventory?

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

Shenzhen Longsys Electronics Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-2,278 Mil. It means Shenzhen Longsys Electronics Co's inventory increased by ¥2,278 Mil from Dec. 2022 to Dec. 2023 .

Shenzhen Longsys Electronics Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥7,568 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shenzhen Longsys Electronics Co's Days Inventory for the quarter that ended in Mar. 2024 was 182.42.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shenzhen Longsys Electronics Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.50.

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 Longsys Electronics Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.51.

Shenzhen Longsys Electronics Co Change In Inventory Historical Data

The historical data trend for Shenzhen Longsys Electronics 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 Longsys Electronics Co Change In Inventory Chart

Shenzhen Longsys Electronics Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-519.56

-441.91

-1,410.24

-313.36

-2,277.88

Shenzhen Longsys Electronics Co Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial												-	-	-	-	-

Shenzhen Longsys Electronics 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 Longsys Electronics Co (SZSE:301308) Change In Inventory Explanation

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

Shenzhen Longsys Electronics 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
	=	6730.425	/	3366.674	*	365 / 4
	=	182.42

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3366.674	/	6730.425
	=	0.50

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6730.425	/	4452.882
	=	1.51

Shenzhen Longsys Electronics Co Change In Inventory Related Terms

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Shenzhen Longsys Electronics Co (SZSE:301308) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Longsys Electronics Co Ltd (SZSE:301308) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.8 Kefa Road, A, B, C, D, E, F1, 8th Floor, Building 1, Financial Services Technology Innovation Base, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057

Website

https://www.longsys.com

Shenzhen Longsys Electronics Co Ltd is a technology-based storage product manufacturer dedicated to memory chip architecture and application. The company has five product lines: embedded storage, industrial storage, mobile storage, SSD storage, and memory module. It provides systematic solutions for personal data and industrial software and hardware storage products.

Executives

Cai Hua Bo	Directors, executives
Wang Jing Yang	Directors, executives
Zhu Yu	Directors, executives

Shenzhen Longsys Electronics Co (SZSE:301308) Headlines

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