GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CCSC Technology International Holdings Ltd (NAS:CCTG) » Definitions » Change In Inventory

CCSC Technology International Holdings (CCSC Technology International Holdings) Change In Inventory : $0.63 Mil (TTM As of Sep. 2023)


View and export this data going back to 2024. Start your Free Trial

What is CCSC Technology International Holdings Change In Inventory?

CCSC Technology International Holdings's change in inventory for the quarter that ended in Sep. 2023 was $0.16 Mil. It means CCSC Technology International Holdings's inventory declined by $0.16 Mil from Mar. 2023 to Sep. 2023 .

CCSC Technology International Holdings's change in inventory for the fiscal year that ended in Mar. 2023 was $2.03 Mil. It means CCSC Technology International Holdings's inventory declined by $2.03 Mil from Mar. 2022 to Mar. 2023 .

CCSC Technology International Holdings's Total Inventories for the quarter that ended in Sep. 2023 was $1.85 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CCSC Technology International Holdings's Days Inventory for the quarter that ended in Sep. 2023 was 70.60.

Inventory Turnover measures how fast the company turns over its inventory within a year. CCSC Technology International Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 was 2.58.

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. CCSC Technology International Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.27.

CCSC Technology International Holdings Change In Inventory Historical Data

The historical data trend for CCSC Technology International Holdings'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.

* Premium members only.

CCSC Technology International Holdings Change In Inventory Chart

CCSC Technology International Holdings Annual Data
Trend Mar21 Mar22 Mar23
Change In Inventory
-0.71 -1.27 2.03

CCSC Technology International Holdings Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Change In Inventory Get a 7-Day Free Trial 0.06 -1.34 1.56 0.47 0.16

CCSC Technology International Holdings 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.63 Mil.

* 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.

CCSC Technology International Holdings  (NAS:CCTG) Change In Inventory Explanation

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

CCSC Technology International Holdings's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=2.021/5.224*365 / 2
=70.60

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

CCSC Technology International Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=5.224 / 2.021
=2.58

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.

CCSC Technology International Holdings's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=2.021 / 7.504
=0.27

* 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.

CCSC Technology International Holdings Change In Inventory Related Terms

Thank you for viewing the detailed overview of CCSC Technology International Holdings's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

CCSC Technology International Holdings (CCSC Technology International Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CCSC Technology International Holdings Ltd (NAS:CCTG) » Definitions » Change In Inventory
Comparable Companies
Traded in Other Exchanges
N/A
Address
Website
CCSC Technology International Holdings Ltd is a company primarily involved in the sale, design and manufacturing of interconnect products, including connectors, cables and wire harnesses. They specialize in customized interconnect products, including connectors, cables and harnesses that are used for a range of applications in a diversified set of industries, including industrial, automotive, robotics, medical equipment, computer, network and telecommunication, and consumer products.

CCSC Technology International Holdings (CCSC Technology International Holdings) Headlines

From GuruFocus

CCSC Technology International Holdings Limited Appoints Jung Yi Chiu as Chief Strategy Officer

By Marketwired • 04-25-2024