Shenzhen Zhongheng Huafa Co (SZSE:000020) Change In Inventory : ¥0.0 Mil (TTM As of Mar. 2024)

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What is Shenzhen Zhongheng Huafa Co Change In Inventory?

Shenzhen Zhongheng Huafa Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means Shenzhen Zhongheng Huafa Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Shenzhen Zhongheng Huafa Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥-2.5 Mil. It means Shenzhen Zhongheng Huafa Co's inventory increased by ¥2.5 Mil from Dec. 2022 to Dec. 2023 .

Shenzhen Zhongheng Huafa Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥69.9 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shenzhen Zhongheng Huafa Co's Days Inventory for the quarter that ended in Mar. 2024 was 32.50.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shenzhen Zhongheng Huafa Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.81.

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 Zhongheng Huafa Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.32.

Shenzhen Zhongheng Huafa Co Change In Inventory Historical Data

The historical data trend for Shenzhen Zhongheng Huafa 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 Zhongheng Huafa Co Change In Inventory Chart

Shenzhen Zhongheng Huafa Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-4.27

-3.02

-21.89

21.09

-2.47

Shenzhen Zhongheng Huafa 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															-	-	-	-	-

Shenzhen Zhongheng Huafa 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 ¥0.0 Mil.

Shenzhen Zhongheng Huafa Co (SZSE:000020) Change In Inventory Explanation

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

Shenzhen Zhongheng Huafa 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
	=	69.3645	/	194.753	*	365 / 4
	=	32.50

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	194.753	/	69.3645
	=	2.81

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	69.3645	/	219.313
	=	0.32

Shenzhen Zhongheng Huafa Co Change In Inventory Related Terms

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Shenzhen Zhongheng Huafa Co (SZSE:000020) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Zhongheng Huafa Co Ltd (SZSE:000020) » Definitions » Change In Inventory

Traded in Other Exchanges

200020:China

Address

6th Floor, East Block, 411 Building, Huafa (N) Road, Futian District, Guangdong Province, Shenzhen, CHN, 518031

Website

http://www.hwafa.com.cn

Shenzhen Zhongheng Huafa Co Ltd operates in two business industrial and property management. The industrial business mainly includes injection molding, polylon (light-weight packaging materials), and complete machine production and sales of liquid crystal display, and property management business is mainly the lease of its own property. The company engages in producing and sales of vary color TV set, liquid crystal display, LCD, radio-recorder, sound equipment, electronic watch, electronic game and computers, the printed wiring board, precision injection parts, light packaging material and hardware (including tool and mould) for various electronic products and supporting parts, plating and surface treatment and tin wire, development and operation of real estate and property management.

Executives

Huang Yan Bo	Supervisors
Tang Gan Yu	Executives

Shenzhen Zhongheng Huafa Co (SZSE:000020) Headlines

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