Huaqin Technology Co (SHSE:603296) Change In Inventory : ¥604 Mil (TTM As of Mar. 2024)

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What is Huaqin Technology Co Change In Inventory?

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

Huaqin Technology Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥1,680 Mil. It means Huaqin Technology Co's inventory declined by ¥1,680 Mil from Dec. 2022 to Dec. 2023 .

Huaqin Technology Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥4,990 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Huaqin Technology Co's Days Inventory for the quarter that ended in Mar. 2024 was 30.45.

Inventory Turnover measures how fast the company turns over its inventory within a year. Huaqin Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.00.

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. Huaqin Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.29.

Huaqin Technology Co Change In Inventory Historical Data

The historical data trend for Huaqin 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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Huaqin Technology Co Change In Inventory Chart

Huaqin Technology Co Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-1,710.71

-1,171.21

-2,983.15

1,560.76

1,680.19

Huaqin Technology Co Quarterly Data
	Dec11	Mar12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec18	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															363.95	603.74	-	-	-

Huaqin 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 ¥604 Mil.

Huaqin Technology Co (SHSE:603296) Change In Inventory Explanation

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

Huaqin 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
	=	4666.8715	/	13985.497	*	365 / 4
	=	30.45

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

Huaqin 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
	=	13985.497	/	4666.8715
	=	3.00

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4666.8715	/	16228.945
	=	0.29

Huaqin Technology Co Change In Inventory Related Terms

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Huaqin Technology Co (SHSE:603296) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Huaqin Technology Co Ltd (SHSE:603296) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

Building 1, No. 399 Keyuan Road, China (Shanghai) Pilot Free Trade Zone, Pudong New Area, Shanghai, CHN, 201203

Website

https://www.huaqin.com

Huaqin Technology Co Ltd is engaged in the research & development, design, manufacturing and operation of intelligent hardware products. The company provides global technology brand customers with end-to-end services at product level, system level, software and hardware research and development, and operation and manufacturing.

Executives

Wu Zhen Hai	Directors, senior managers
Qiu Wen Sheng	Directors, senior managers

Huaqin Technology Co (SHSE:603296) Headlines

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