Ningbo Peacebird Fashion Co (SHSE:603877) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Ningbo Peacebird Fashion Co Change In Inventory?

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

Ningbo Peacebird Fashion Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥488 Mil. It means Ningbo Peacebird Fashion Co's inventory declined by ¥488 Mil from Dec. 2022 to Dec. 2023 .

Ningbo Peacebird Fashion Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥1,368 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ningbo Peacebird Fashion Co's Days Inventory for the quarter that ended in Mar. 2024 was 162.45.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ningbo Peacebird Fashion Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.56.

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. Ningbo Peacebird Fashion Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.80.

Ningbo Peacebird Fashion Co Change In Inventory Historical Data

The historical data trend for Ningbo Peacebird Fashion 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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Ningbo Peacebird Fashion Co Change In Inventory Chart

Ningbo Peacebird Fashion Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-129.22

-517.23

-403.90

295.71

488.21

Ningbo Peacebird Fashion Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
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Ningbo Peacebird Fashion 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.

Ningbo Peacebird Fashion Co (SHSE:603877) Change In Inventory Explanation

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

Ningbo Peacebird Fashion 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
	=	1438.127	/	807.825	*	365 / 4
	=	162.45

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

Ningbo Peacebird Fashion Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	807.825	/	1438.127
	=	0.56

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.

Ningbo Peacebird Fashion Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1438.127	/	1805.673
	=	0.80

Ningbo Peacebird Fashion Co Change In Inventory Related Terms

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Ningbo Peacebird Fashion Co (SHSE:603877) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Ningbo Peacebird Fashion Co Ltd (SHSE:603877) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

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Address

No. 826, South Section of Huancheng West Road, Haishu, Ningbo, Zhejiang, Ningbo, CHN, 315011

Website

http://www.peacebird.com

Ningbo Peacebird Fashion Co Ltd is a retail-oriented multi-brand fashion company. It focuses on providing customers with fashion products of high quality at the competitive price. The main products of the company include women's, men's and children's clothing, and the main brand contains PEACEBIRD, PEACEBIRD, LED'IN, MATERIAL GIRL, AMAZING PEACE, Mini Peace, and among others. It holds more than 4000 stores across 31 provinces, autonomous regions, and municipalities. Geographically, it operates through China, however, its products are distributed in both Chinese and international market.

Executives

Wang Qing Lin	senior management
Wang Ming Feng	Directors, senior managers
Hong Yang Wei	senior management
Weng Jiang Hong	Directors, senior managers
Ou Li Min	senior management
Dai Zhi Yong	Director
Rong Yi Qin	Supervisors
Chen Hong Chao	Director
Zhang Jiang Ping	Director
Zhang Jiang Bo	Director
Shi Chao Qi	senior management
Zhang Ting	senior management
Shen Ya Xin	senior management
Lou Jia Zi	senior management

Ningbo Peacebird Fashion Co (SHSE:603877) Headlines

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