DDC Enterprise (DDC Enterprise) Change In Inventory : $-0.03 Mil (TTM As of Sep. 2023)

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What is DDC Enterprise Change In Inventory?

DDC Enterprise's change in inventory for the quarter that ended in Sep. 2023 was $0.00 Mil. It means DDC Enterprise's inventory stayed the same from Jun. 2023 to Sep. 2023 .

DDC Enterprise's change in inventory for the fiscal year that ended in Dec. 2022 was $0.46 Mil. It means DDC Enterprise's inventory declined by $0.46 Mil from Dec. 2021 to Dec. 2022 .

DDC Enterprise's Total Inventories for the quarter that ended in Sep. 2023 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. DDC Enterprise's Days Inventory for the quarter that ended in Sep. 2023 was 5.13.

Inventory Turnover measures how fast the company turns over its inventory within a year. DDC Enterprise's Inventory Turnover for the quarter that ended in Sep. 2023 was 17.80.

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. DDC Enterprise's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.04.

DDC Enterprise Change In Inventory Historical Data

The historical data trend for DDC Enterprise'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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DDC Enterprise Change In Inventory Chart

DDC Enterprise Annual Data

Trend

Dec20

Dec21

Dec22

Change In Inventory

0.44

-0.92

0.46

DDC Enterprise Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Inventory	Get a 7-Day Free Trial				-	-	0.15	-0.18	-

DDC Enterprise 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 quarterly data reported by the company within the most recent 12 months, which was $-0.03 Mil.

DDC Enterprise (AMEX:DDC) Change In Inventory Explanation

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

DDC Enterprise's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.4385	/	7.804	*	365 / 4
	=	5.13

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

DDC Enterprise's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	7.804	/	0.4385
	=	17.80

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.

DDC Enterprise's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.4385	/	10.645
	=	0.04

DDC Enterprise Change In Inventory Related Terms

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DDC Enterprise (DDC Enterprise) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » DDC Enterprise Ltd (AMEX:DDC) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

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Address

233 Hollywood Road, Room 1601-1602, 16th Floor, Hollywood Centre, Sheung Wan, HKG

Website

https://www.daydaycook.com.cn

DDC Enterprise Ltd is a content driven consumer brand offering easy, convenient ready-to-heat , ready-to-cook and plant-based meal products i.e. meal products consisting largely or solely of vegetables, fruits, grains and other foods derived from plant-based protein, rather than animal protein) while promoting healthier lifestyle choices to Millennial and Generation Z customer-base. It is also engaged in the provision of advertising services and the operation of experience stores to offer cooking classes.