Hangcha Group Co (SHSE:603298) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Hangcha Group Co Change In Inventory?

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

Hangcha Group Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-612 Mil. It means Hangcha Group Co's inventory increased by ¥612 Mil from Dec. 2022 to Dec. 2023 .

Hangcha Group Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥2,390 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hangcha Group Co's Days Inventory for the quarter that ended in Mar. 2024 was 62.99.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hangcha Group Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.45.

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. Hangcha Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.55.

Hangcha Group Co Change In Inventory Historical Data

The historical data trend for Hangcha 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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Hangcha Group Co Change In Inventory Chart

Hangcha Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-3.67

-403.72

-740.90

-192.71

-611.53

Hangcha Group 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															-	-	-	-	-

Hangcha 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0 Mil.

Hangcha Group Co (SHSE:603298) Change In Inventory Explanation

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

Hangcha 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
	=	2287.3605	/	3313.509	*	365 / 4
	=	62.99

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

Hangcha Group Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3313.509	/	2287.3605
	=	1.45

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2287.3605	/	4171.783
	=	0.55

Hangcha Group Co Change In Inventory Related Terms

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Hangcha Group Co (SHSE:603298) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Hangcha Group Co Ltd (SHSE:603298) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

666 Xiangfu Road, Qingshan Lake Science and Technology City, Zhejiang, Hangzhou, CHN, 311305

Website

http://www.zjhc.cn

Hangcha Group Co Ltd is engaged in manufacturing of forklift truck. Its products include IC forklift truck, Electric forklift truck, warehouse equipment, tow tractors, side loading forklifts, explosion proof forklifts, empty container handlers and among others.

Executives

Jin Zhi Hao	senior management
Zhou Su Hua	senior management
Chen Sai Min	senior management
Zhao Li Min	Director
Chen Yuan Yuan	Supervisors
Li Yuan Song	senior management
Chen Wei Qiang	senior management
Ren Hai Hua	senior management

Hangcha Group Co (SHSE:603298) Headlines

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